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TREAS/OCC

RIN: 1557-AD07

Publication ID: Fall 2010

Title: Basel II Standardized Approach
Abstract: In July 2008, the Federal banking agencies proposed a new risk-based capital framework based on the Standardized Approach for credit risk and the Basic Indicator Approach for operational risk described in the capital adequacy framework titled, "International Convergence of Capital Measures and Capital Standards: A Revised Framework," published by the Basel Committee on Banking Supervision (BCBS). Following the close of the comment period for the 2008 NPR, the agencies decided to delay finalizing the standardized framework to address challenges posed by the global financial crisis. After considering the comments on the 2008 NPR, the agencies have decided to withdraw the 2008 NPR and propose a new NPR that would implement in the United States, with certain modifications, the standardized framework for credit risk and related disclosure requirements. Consistent with the 2008 NPR, this NPR generally will parallel the relevant approaches in the BCBS framework; however, it will diverge from the BCBS framework where the U.S. markets have unique characteristics and risk profiles, notably the treatment for residential mortgage exposures, and will provide for a more conservative capital treatment for selected risks.
Agency: Department of the Treasury(TREAS)	Priority: Other Significant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Long-Term Actions
Major: Undetermined	Unfunded Mandates: Undetermined
CFR Citation: 12 CFR 3
Legal Authority: 12 USC 93a 12 USC 3907 12 USC 3909

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	07/29/2008	73 FR 43982
NPRM Comment Period End	10/27/2008
Second NPRM	To Be Determined

Regulatory Flexibility Analysis Required: Undetermined	Government Levels Affected: Undetermined
Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Carl Kaminski Assistant Director, Bank Advisory Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 400 7th Street SW., Washington, DC 20219 Phone:202 649-5869 Email: carl.kaminski@occ.treas.gov