Comprehensive Quantitative Impact Study

In conjunction with the Committee and its committee members, the U.S. banking agencies are undertaking a comprehensive quantitative impact study (CompQIS) to (1) assess the impact on participating banks of Committee initiatives aimed at strengthening capital and liquidity standards in response to the recent financial crisis and (2) to inform capital policy decisions more generally. These standards include

• Revisions to the Basel II market risk framework, July 2009 (387 KB PDF)
• Guidelines for computing capital for incremental risk in the trading book, July 2009 (78 KB PDF)
• Enhancements to the Basel II framework, July 2009 (188 KB PDF)
• Strengthening the resilience of the banking sector, December 2009 (283 KB PDF) , and
• International framework for liquidity risk measurement, standards and monitoring, December 2009 (232 KB PDF)

Each of the published proposals has a number of options to be explored during the consultative period and CompQIS data collection and analysis will be an important factor in the final decision-making process of the Basel Committee. In conjunction with the exercise, the agencies have posted Frequently Asked Questions (FAQs) by subject matter (see below). The FAQs cover a number of important areas including:

Full list of Frequently Asked Questions