Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

The Basel Accords: The Implementation of II and the Modification of I (CRS Report for Congress)

Premium   Purchase PDF for $24.95 (27 pages)
add to cart or subscribe for unlimited access
Release Date Revised June 16, 2006
Report Number RL33278
Report Type Report
Authors Walter W. Eubanks, Government and Finance Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   Feb. 21, 2006 (27 pages, $24.95) add
Summary:

This report provides the basic information needed to understand the issues surrounding the proposed implementation of Basel II and the pending proposed modifications of Basel I in the United States. First, it gives a basic background on capital standards and how capital assessments were made before these accords. Second, it briefly explains how Basel I works. Third, it addresses the major problem with Basel I and the modifications being considered. Fourth, it describes the Basel II framework the United States may implement and the framework the EU is already implementing. The report concludes with a section on Congress and the Basel Accords.