The federal bank and thrift agencies on Thursday issued the
attached statement regarding the Basel Committee on Banking Supervision's
request for comment on a modification to its proposed international capital
standards.
The modification deals with the treatment of expected and
unexpected losses. The Basel Committee
will accept comments from all interested parties until
December 31, 2003.
Media Contacts:
Federal Reserve Dave Skidmore (202) 452-2955
OCC Kevin Mukri (202) 874-5770
FDIC David Barr (202) 898-6992
OTS Chris Smith (202) 906-6677