Pillar 3 Disclosures- Non US Legal Entities
Basel II Rules establish requirements for U.S. and international implementation of new regulatory capital rules and their alignment with underlying risks. Basel II provides detailed capital requirements for credit and operational risk under Pillar 1, supervisory requirements under Pillar 2 and disclosure requirements under Pillar 3. The Basel II capital framework is intended to measure and assess the capital levels in relation to risks inherent in the financial services businesses. Basel II Pillar 3 reporting which represents Market Discipline or Disclosure is in place to enhance and complement Pillars 1 and 2 and ultimately promote additional transparency into these types of financial data.
Below is a list of international Bank of America Corporation branches or subsidiaries which are required to adhere to Pillar 3 reporting in their local markets. Those with active links, as noted by the underlined text, have their most recently published Pillar 3 requirements available for review. Those that do not have active links will be reporting according to Pillar 3 requirements in the future.
Please note that while all the entities below are subject to Pillar 3 reporting, not all regulatory agencies apply or require the same measures or level of detail in their disclosures. Additionally, not all international Bank of America entities are subject to Pillar 3 reporting. Those that are not are appropriately omitted.
Until the end of Bank of America’s mandated parallel reporting period in the U.S, only Pillar 3 reports for international entities will be available. Beginning with the first public reporting period in the U.S, Pillar 3 reports for Bank of America Corporation will also be available. By clicking on the name of the entities shown below, the reader will be able to review the respective entity’s Pillar 3 report based on the requirements they are subject to.
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2Entity also reports Tier 3 Capital of $1,260 million.
Note: Some numbers may not foot due to rounding and conversion from local currencies to U.S. dollars.
N/A = Not applicable, Ireland is not required to hold capital.
Pillar 3 Remuneration Disclosures
Archived Basel II Pillar 3 Reports
Archived Pillar 3 Remuneration Disclosures
Pillar 3 Disclosures- Bank Holding Company
Market Risk Disclosure
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