Basel II NPR Facing Overhaul In The US

Regulatory News

Over the past month, the Federal Deposit Insurance Corporation (FDIC) approved the US notice of proposed rulemaking (NPR) and it published the NPR in the Federal Register. However, substantial changes to the document are being requested by the industry, including the addition of the use of the standardised approach for the banks who must adopt Basel II. A question asking about the standardised approach was inserted into the NPR by the FDIC.

"There has been some general talk about what a US

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