Final Basel II rules agreed by stateside regulators


The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency and the Office of Thrift Supervision released details of the rule, which they claim will make the advanced approach "technically consistent in most respects with international approaches".

Among the limited detail of the rule released so far, the agreement retains the NPR's transitional floor periods so that after the parallel run in 2008, those floors will allow maximum cumulative

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