The Op Risk questions which US banks must answer

US banking regulators want US banks to review and comment on all aspects of the new Basel capital adequacy accord proposed by global banking supervisors. The deadline for receiving comments is May 31, 2001.

The three regulatory agencies - The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency - have highlighted specific issues of particular significance for the US banking system.

The agencies are interested in any information and projections on the potential impact of the approaches to regulatory capital requirements put forward in January by the Basel Committee of banking supervisors from the Group of 10

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