When the U.S. authorities considered the cost-benefit ratio of requiring thousands of our banks to become subject to Basel II - presumably the standardized version - we saw the benefits as (1) only slightly more risk sensitivity in the calculation of the minimum regulatory capital requirements under the Standardized version that presumably these banks would select, and (2) more disclosure under Pillar III.
I wish you all fruitful discussions and valuable insights, which may contribute to future policy decisions. Thank you. 4/4  BIS central bankers' speeches