Each depositor insured to at least $250,000 per insured bank



Home > News & Events > Press Releases




Press Releases

Joint Release 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
FDIC-PR-3-2005
January 27, 2005

Agencies Issue Statement on Implementation of Basel II Framework

The federal banking and thrift agencies today released an interagency statement on implementation of the Basel II framework and the qualification process for the framework's "advanced approaches." The interagency statement is attached.

# # #

Attachment

Media Contacts
Federal Reserve Andrew Williams (202) 452-2955
FDIC David Barr (202) 898-6992
OCC Kevin Mukri (202) 874-5770
OTS Erin Hickman (202) 906-6677



Last Updated 01/27/2005 communications@fdic.gov