As we move forward with revisions to our Basel I-based rules, we continue to be quite interested in the comments of bankers and others about the potential implications of these proposals. Your input is vital to making the final product the right one.
As supervisors, our focus will continue to be on ensuring that risk-management processes are appropriate for operations of each institution and that those risk systems operate effectively. Thus, we expect that non-Basel II banks can continue to have CAMELS 1 and 2 ratings as long as they operate in a safe and sound manner.