FDIC Chairman Bair Welcomes the Basel II Agreement Among U.S. Banking Regulators

GuidanceFederal Deposit Insurance Corporation (FDIC)General Information

FDIC Chairman Sheila C. Bair today commented on an agreement in principle that has been reached between The Federal Reserve, the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Federal Deposit Insurance Corporation regarding the implementation of Basel II in the United States. The agreement resolves major outstanding issues and will now lead to finalization of a rule implementing the advanced approaches for computing large banks' risk-based capital requirements.

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