EU spells out pillar 2 powers

BRUSSELS – The European Commission seems to have spelled out how it sees the second pillar – supervisory review – of its new bank capital rules in greater detail than global banking regulators have so far done for the Basel II accord, banking industry analysts said.

The commission in November issued a working paper on progress in developing the new rules. The rules in effect will implement the provisions of the complex Basel II capital adequacy accord in the European Union from late 2006. Both the commission’s capital adequacy rules and the Basel II accord are based on a three-pillar structure. Minimum capital charges are set under pillar 1, while supervisory review takes place under pillar 2. Pillar 3 imposes market discipline on banks by requiring

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


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