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-103-2003
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.