Did the agencies summarize key QIS-3 findings for US and non-US banks that took part in the QIS-3 exercise?
(December 21, 2004) Answer: Please refer to the Federal Reserve’s web site (www.federalreserve.gov), then click “banking information,” “Basel II, “Regional outreach meetings,” and finally “QIS-4.” The related briefing notes do not provide much detail, but they do summarize some of the findings and considerations regarding US participation in QIS-3. The web site of the Basel Committee (www.bis.org) includes a more extensive summary of the study based on worldwide data.
