The Office of the Superintendent of Financial Institutions has issued final capital adequacy guidelines for banks under Basel II.On March 31, OSFI released for industry consultation draft Capital Adequacy Requirements guidelines. It is now releasing the final versions, reflecting the guidance of the Basel Committee on Banking Supervision and comments submitted on the draft versions.The […]
Sharing of information intended to help to promote the successful implementation of Basel II
Cooperation among supervisors are hugely important, Le Pan says
Proposed framework would be mandatory for large, internationally active banking organizations
Changes in rules do not alter underlying economic reality of transactions
Papers discuss credit risk assessments for loans; fair value option
Regulator encourages banks to begin disclosing information under Pillar 3
Changes reflect Base II
Mechanisms are in place to ensure that banks maintain a solid capital base
But banks’ capital ratios under Basel II will have less comparability than generally believed