Federal Reserve issue notice of proposed rulemaking on Basel Ia

The Federal Reserve Board have released a draft interagency notice of proposed rulemaking that would revise the existing risk-based capital framework by giving the vast majority of banks, bank holding companies, and savings associations the option of either continuing to use the existing Basel I-based capital rule or adopting a more risk sensitive rule, known as Basel IA.

Click here to read the press release

Click here to read the Preamble

Click here to read the Draft Notice