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Home » Store » Taxable » Basel Rules Coming – But One Could Be A Bit Lighter than Expected – Fed Says

Basel Rules Coming – But One Could Be A Bit Lighter than Expected – Fed Says

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Proposed rules for implementing new risk-based capital schemes for banks and thrifts are coming – finally – a top official from the Federal Reserve Board has assured mortgage market participants. At the recent annual conference of the American Securitization Forum, Thomas Boemio, a senior supervisor for the Federal Reserve Board, said the agency plans to issue its proposed rule for implementing Basel II, which is slated to take effect in the US in 2012, by…
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