It will also assess banks' internal capital management processes and associated risk management practices. This oversight will be particularly important given some of the breakdowns in risk management at institutions over the past year and the associated pressures on capital ratios. The Committee is also working to promote better disclosures by banking organizations under Pillar 3.
Standardized approach in the United States As a final point, I would like to mention that U.S. agencies plan, fairly soon, to publish for public comment a set of proposed rules that would provide an optional capital framework –  2  Basel Committee on Banking Supervision announcement on strengthening the banking system, http://www.bis.org/press/p080416.htm.