Basel NPR

Basel IIOffice of Thrift Supervision (OTS)Information Security

On August 4, 2003, the agencies issued an advance notice of proposed rulemaking (ANPR) (68 FR 45900) that sought public comment on a new risk-based regulatory capital framework based on the Basel Committee on Banking Supervision (BCBS)2 April 2003 consultative paper entitled "The New Basel Capital Accord" (Proposed New Accord). The Proposed New Accord set forth a "three pillar" framework encompassing risk-based capital requirements for credit risk, market risk, and operational risk (Pillar 1); supervisory review of capital adequacy (Pillar 2); and market discipline through enhanced public disclosures (Pillar 3). The Proposed New Accord incorporated several methodologies for determining a bank's risk-based capital requirements for credit, market, and operational risk.

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