Quick Links for Bankers
Quick Links for Consumers
Quick Links for Analysts
Quick Links for Investors
Quick Links for Press

|  |  |  |  |  |  |
|--|--|--|--|--|--|
||
|  |
||
|  |

|  |  |                                                                                                         |  |
|--|--|---------------------------------------------------------------------------------------------------------|--|
|  |  | Home	 > Industry Analysis > Research & Analysis > FYI: An Update on Emerging Issues in Banking |  |
|  |

|  | **FYI: An Update on Emerging Issues in Banking**FYI Home    Subscribe    Unsubscribe
**FDIC Publishes Corrections to Basel II Capital Impact Study**

August 5, 2004
**Overview** The FDIC has replaced on its website the*FYI* dated December 8, 2003, titled "Estimating the Capital Impact of Basel II in the United States," with a corrected version. An independent economist has brought to the author's attention a calculation error in the paper's estimation of capital requirements for wholesale lending. As a result of that error, the paper's estimates of capital requirements for wholesale lending were lower than what the underlying assumptions and methodology should have implied. The error was  not sufficiently material to have affected the paper's overall conclusions about the proposed capital framework that existed in December, 2003.The revised version is being published solely to correct the historical record. It does not reflect changes in the Basel II framework made subsequent to the release of the original paper. That new framework is described in "International Convergence of Capital Measurement and Capital Standards," published by the Basel Committee on Banking Supervision in June, 2004, with the agreement and support of the FDIC. The revised paper is available at http://www.fdic.gov/bank/analytical/fyi/2003/120803fyi.html.      **Comments and Inquiries**Send comments or questions on this *FYI* to George French   [email protected].     Send feedback and technical questions about the *FYI series to:* |
|--|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|