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FRB--Press Release--Request for comment on modifications to new Basel Capital Accord--October 30, 2003

Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
Office of Thrift Supervision

Joint Press Release

For Immediate Release

October 30, 2003

Proposed Treatment of Expected and Unexpected Losses Under the New Basel Capital
Accord
The federal bank and thrift agencies on Thursday issued the attached statement regarding the
Basel Committee on Banking Supervision's request for comment on a modification to its
proposed international capital standards.
The modification deals with the treatment of expected and unexpected losses. The Basel
Committee will accept comments from all interested parties until December 31, 2003.
Attachment (27 KB PDF)
Media Contacts:
Federal Reserve Dave Skidmore (202) 452-2955
OCC
Kevin Mukri (202) 874-5770
FDIC
David Barr
(202) 898-6992
OTS

Chris Smith

(202) 906-6677

2003 Banking and consumer regulatory policy
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