US regulators restrict Basel II adoption amid agency infighting

Other banks can adopt Basel II only upon application to the regulatory authorities. Also, banks will only have the advanced Internal Ratings-Based approach available to them on the credit risk side, and the Advanced Management Approach on the operational risk front. The Basic Indicator Approach (BIA) and the Standardised Approach (TSA) will not be applied to US banks.

“For most banks in this country, Basel I is now — and for the foreseeable future will be — more than adequate as a capital fra