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Advanced Search What's New · What's Next · Site Map · A-Z Index · FAQs · Careers About the Fed News & Events Testimony and Speeches Press Releases Monetary Policy Banking Information & Regulation Payment Systems Economic Research & Data Consumer Information Community Development Reporting Forms Publications Home > News & Events > 2007 Banking and Consumer Regulatory Policy > Agencies issue agreement on Basel II implementation--July 20, 2007 Joint Press Release Print Conferences Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency Office of Thrift Supervision For immediate release Banking Agencies Reach Agreement on Basel II Implementation Statement from Federal Reserve Board Governor Randall S. Kroszner: We are working diligently to ensure that Basel II implementation in the United States is largely consistent with international approaches. Our forward momentum in developing a final Basel II rule will promote continued improvements in banks’ riskmanagement practices and maintain capital levels in the U.S. banking system that are appropriate and risk sensitive. Agencies issue agreement on Basel II implementation Last update: Home | News & Events Accessibility Contact us External Linking Policy FOIA PDF Reader