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.