Basel III: Difference between revisions
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''Bank supervision''. | ''Bank supervision''. | ||
Basel III is third amended and strengthened international bank capital adequacy framework issued in 2010 and updated in 2011, designed to improve on Basel II. | |||
Basel III leverage ratio framework and disclosure requirements were issued in January 2014. | Basel III leverage ratio framework and disclosure requirements were issued in January 2014. | ||
| Line 8: | Line 8: | ||
Among other reforms, Basel III aims to reduce moral hazard and the related 'too big to fail' problem. | Among other reforms, Basel III aims to reduce moral hazard and the related 'too big to fail' problem. | ||
Basel III | It also places substantially greater emphasis on harmonised liquidity and funding risk standards. | ||
Basel III has been implemented in the European Union on a phased basis under its Capital Requirements Directives IV and V (CRD IV and CRD V). | |||
Important changes introduced by Basel III include: | |||
*Significant increases in requirements for the quality and amounts of capital; | |||
*Capital buffers; | |||
*The Leverage Ratio; | |||
*The Liquidity Coverage Ratio and Net Stable Funding Ratio. | |||
Basel III is sometimes written ''Basel 3''. | Basel III is sometimes written ''Basel 3''. | ||
Further elements of the Basel III framework were agreed in December 2017. These further elements are sometimes known as Basel IV. | |||
They will be implemented by the sixth Capital Requirements Directive (CRD VI or CRD 6) and the third Capital Requirements Regulation (CRR III or CRR 3). | |||
== See also == | == See also == | ||
* [[Bank supervision]] | |||
* [[Basel Committee on Banking Supervision]] | * [[Basel Committee on Banking Supervision]] | ||
* [[Basel II]] | * [[Basel II]] | ||
* [[Basel 2.5]] | * [[Basel 2.5]] | ||
* [[Basel III Endgame]] | |||
* [[Basel 3.1]] | |||
* [[Basel IV]] | * [[Basel IV]] | ||
* [[Capital adequacy]] | * [[Capital adequacy]] | ||
* [[Capital buffer]] | |||
* [[CRD IV]] | * [[CRD IV]] | ||
* [[CRD V]] | |||
* [[CRD VI]] | |||
* [[CRR III]] | |||
* [[Dodd-Frank]] | * [[Dodd-Frank]] | ||
* [[Financial Stability Board]] | * [[Financial Stability Board]] | ||
| Line 29: | Line 51: | ||
* [[Microprudential]] | * [[Microprudential]] | ||
* [[Moral hazard]] | * [[Moral hazard]] | ||
* [[Net | * [[Net Stable Funding Ratio]] | ||
* [[ | * [[Prudential Regulation Authority]] | ||
* [[Sell-side firm]] | * [[Sell-side firm]] | ||
* [[Solvency II]] | |||
* [[The future of pooling]] | * [[The future of pooling]] | ||
* [[Too Big To Fail]] | * [[Too Big To Fail]] | ||
| Line 38: | Line 61: | ||
===Other links=== | ===Other links=== | ||
[https://www.bis.org/publ/bcbs270.htm Basel III leverage ratio framework and disclosure requirements January 2014] | [https://www.bis.org/publ/bcbs270.htm Basel III leverage ratio framework and disclosure requirements January 2014] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Compliance_and_audit]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_reporting]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 21:34, 17 April 2024
Bank supervision.
Basel III is third amended and strengthened international bank capital adequacy framework issued in 2010 and updated in 2011, designed to improve on Basel II.
Basel III leverage ratio framework and disclosure requirements were issued in January 2014.
Among other reforms, Basel III aims to reduce moral hazard and the related 'too big to fail' problem.
It also places substantially greater emphasis on harmonised liquidity and funding risk standards.
Basel III has been implemented in the European Union on a phased basis under its Capital Requirements Directives IV and V (CRD IV and CRD V).
Important changes introduced by Basel III include:
- Significant increases in requirements for the quality and amounts of capital;
- Capital buffers;
- The Leverage Ratio;
- The Liquidity Coverage Ratio and Net Stable Funding Ratio.
Basel III is sometimes written Basel 3.
Further elements of the Basel III framework were agreed in December 2017. These further elements are sometimes known as Basel IV.
They will be implemented by the sixth Capital Requirements Directive (CRD VI or CRD 6) and the third Capital Requirements Regulation (CRR III or CRR 3).
See also
- Bank supervision
- Basel Committee on Banking Supervision
- Basel II
- Basel 2.5
- Basel III Endgame
- Basel 3.1
- Basel IV
- Capital adequacy
- Capital buffer
- CRD IV
- CRD V
- CRD VI
- CRR III
- Dodd-Frank
- Financial Stability Board
- Fully loaded Basel III
- Liquidity Coverage Ratio
- Leverage Ratio
- Macroprudential
- Microprudential
- Moral hazard
- Net Stable Funding Ratio
- Prudential Regulation Authority
- Sell-side firm
- Solvency II
- The future of pooling
- Too Big To Fail
- Volcker Rule
Other links
Basel III leverage ratio framework and disclosure requirements January 2014
