Chap 24- Pillar 3-Market Discipline
·
Market Discipline is to
compliment the minimum capital requirements (Pillar 1) and the supervisory
review process (Pillar 2). Pillar 3 provides disclosure requirements for banks
using Basel-II framework.
·
Information would be regarded as material if its omission
or misstatement could change or influence the assessment or decision of a user
relying on that information for the purpose of making economic decisions.
