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Basel II Capital Accord, Basel I Initiatives, and Other Basel-Related Matters
Proposed Basel II Supervisory Guidance – IRB, AMA, and Supervisory Review (Pillar 2)

On February 28, 2007, the Federal Reserve and the other federal banking agencies issued a request for comment on three proposed supervisory guidance documents. The agencies issued these proposed guidance documents to assist banks in addressing the qualification requirements laid out in the notice of proposed rulemaking for the Basel II risk-based capital requirements (Basel II NPR).

The three proposed supervisory guidance documents address:  internal ratings-based (IRB) systems for credit risk, advanced measurement approaches (AMA) for operational risk, and the supervisory review process (Pillar 2). The proposed IRB and AMA guidance documents have been updated and expanded upon since they were previously issued for public comment in 2003 and 2004. The proposed Pillar 2 guidance document is being issued for comment for the first time.

Proposed Basel II Supervisory Guidance – IRB, AMA, and Supervisory Review (Pillar 2)
February 2007
Proposed Basel II Supervisory Guidance (February 2007) [Docket Number OP-1277]
Related Basel II Proposed Rulemaking and Supervisory Guidance
Previously Released for Comment
Basel II NPR – September 2006 [Docket Number R-1261]
Proposed Supervisory Guidance on Internal Ratings-Based Systems for Retail Credit Risk for Regulatory Capital – October 2004 [Docket Number OP-1215]
Proposed Framework for Risk-Based Capital Guidelines; Implementation of New Basel Capital Accord – August 2003 [Docket Number R-1154]
Proposed Internal Ratings-Based Systems for Corporate Credit and Operational Risk Advanced Measurement Approaches for Regulatory Capital – August 2003 [Docket Number OP-1153]