For immediate release

The Federal Reserve Board today released an interagency summary of the Basel Committee on Banking Supervision’s consultative proposal issued to the public on January 16, 2001. Attached to the summary is a set of discussion issues. Respondents to the Basel Committee proposal are encouraged to review and provide comments on the entire range of topics covered in the proposal and to take particular notice of the issues highlighted in the U.S. agencies’ release. The interagency release is attached. Interagency summary and issues (49 KB PDF) Letter from Federal Reserve Director of Banking Supervision and Regulation (40 KB PDF)

2001 Banking and consumer regulatory policy