Document Properties
- Type of Publication: Letter
- Date: September 29, 2006
- Reference:
Banks /
BHC /
T&L
- Our File: P2212-1
To:
- Banks,
- Bank Holding Companies,
- Federally Regulated Trust and Loan Companies
The Basel Committee on Banking Supervision published an updated version of
Basel II: International Convergence of Capital Measurement and Capital
Standards: A Revised Framework - Comprehensive Version (the
new Basel framework) in June 2006. The third pillar of this framework
describes the disclosure requirements for institutions.
This Advisory provides additional clarification on the implementation of
the Pillar 3 disclosure requirements for federally regulated
deposit-taking institutions. Further clarification is given on the
application of these requirements, the timing of implementation, the
frequency and location of disclosures and compliance with these
requirements.
Questions concerning the Advisory should be addressed to Karen Stothers
via email at karen.stothers@osfi-bsif.gc.ca or by telephone at (416) 973-0744 or, in French, to Gilbert Menard
via email at gilbert.menard@osfi-bsif.gc.ca or by telephone at (613) 990-8081.
-
Julie Dickson
- Deputy Superintendent