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PS0416 Pillar 2 (two)
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Background
These three pillars are a package and the Accord cannot be considered to have been implemented unless all three have been satisfied.
Pillar 2 is intended to bridge the gap between regulatory and economic capital requirements and gives supervisors discretion to increase regulatory capital requirements if weaknesses are found in a lender's internal capital assessment process.
Please use the sub sections links on the left or the content links to find out more about PS0416 Pillar 2 (two).