US agency forms working group on Basel II’s third pillar

FDIC chairman Donald Powell said yesterday there is a balance to be achieved in implementing the pillar 3 provisions of the Accord, and “we should work together with the industry to find it”. The FDIC is one of the main US banking regulatory agencies.

The Basel II capital Accord, which global regulators hope to introduce in late 2006, is based on three pillars. Pillar 1 requires capital charges against banking risks and pillar 2 provides for the supervision of banks. Pillar 3, which Powell said

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here