US regulators issue guidance on Basel II

The four US regulators responsible for the Basel II framework have published final guidelines on how banks adopting the advanced approaches can best carry out the supervisory review process.

The guidance to the supervisory review process, often referred to as Pillar II, details the agencies standards for ensuring that each institution subject to the advanced approaches rule has a rigorous process for assessing its overall capital adequacy in relation to its risk profile and a comprehensive

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