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Regulators Extend Basel III Comment Period

August 8, 2012

The federal banking regulators announced on August 8, 2012, that they have extended the comment period on the Basel III regulatory capital proposals from September 7, 2012 to October 12, 2012. CBAI and ICBA advocated for an extension of the comment period to allow community banks the time needed to study and fully determine the impact of the proposed rules on community banks. Read FDIC Announcement. Read CBAI’s Comment Letter.