Basel III has landed — full details
Economy • September 2010 • Views: 639
It’s here, finally. With a minimum bank capital ratio of 7 per cent.
The world’s central bankers and regulators confirmed new capital and liquidity standards for the banking system on Sunday.
Here are the all-important details on both the reforms’ substance and their implementation dates, via the Basel Committee release.
First — a Core Tier 1 capital ratio of 4.5 per cent, broadening to overall Tier 1 capital of 6 per cent: