Basel Ia NPR due out this month


Speaking last month, Federal Deposit Insurance Corporation (FDIC) chairman Sheila Bair said: "I'm sympathetic to that request [for an extension of the Basel II NPR consultation] and I think everybody is. I think we can extend the Basel II comment period and still have time."

The Basel Ia NPR, which proposes draft rules for smaller US banks to calculate their capital adequacy requirements, has been scrutinised by several regulators including the Office of the Comptroller of the Currency (OCC), the

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