imported>Doug Williamson |
imported>Doug Williamson |
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| ''Bank supervision''.
| | The part of the total economy which excludes financial markets and financial services. |
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| 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.
| | The real economy is sometimes described as dealing with physical goods and 'real' or 'actual' (non-financial) services. |
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| Basel III leverage ratio framework and disclosure requirements were issued in January 2014.
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| Among other reforms, Basel III aims to reduce moral hazard and the related 'too big to fail' problem.
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| It also places substantially greater emphasis on harmonised liquidity and funding risk standards.
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| 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).
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| Important changes introduced by Basel III include:
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| *Significant increases in requirements for the quality and amounts of capital;
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| *Capital buffers;
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| *The Leverage Ratio;
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| *The Liquidity Coverage Ratio and Net Stable Funding Ratio.
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| Basel III is sometimes written ''Basel 3''.
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| Further elements of the Basel III framework were agreed in December 2017. These further elements are sometimes known as Basel IV.
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| 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).
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| == See also == | | == See also == |
| * [[Bank supervision]] | | * [[FIRE economy]] |
| * [[Basel Committee on Banking Supervision]] | | * [[MCT]] |
| * [[Basel II]]
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| * [[Basel 2.5]]
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| * [[Basel 3.1]]
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| * [[Basel IV]]
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| * [[Capital adequacy]]
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| * [[Capital buffer]]
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| * [[CRD IV]]
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| * [[CRD V]]
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| * [[CRD VI]]
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| * [[CRR III]]
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| * [[Dodd-Frank]]
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| * [[Financial Stability Board]]
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| * [[Fully loaded Basel III]]
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| * [[Liquidity Coverage Ratio]]
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| * [[Leverage Ratio]]
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| * [[Macroprudential]]
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| * [[Microprudential]]
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| * [[Moral hazard]]
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| * [[Net Stable Funding Ratio]]
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| * [[Prudential Regulation Authority]]
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| * [[Sell-side firm]]
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| * [[Solvency II]]
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| * [[The future of pooling]]
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| * [[Too Big To Fail]]
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| * [[Volcker Rule]]
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| ===Other links===
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| [https://www.bis.org/publ/bcbs270.htm Basel III leverage ratio framework and disclosure requirements January 2014]
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| [[Category:Accounting,_tax_and_regulation]] | | [[Category:Corporate_financial_management]] |
| [[Category:The_business_context]]
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| [[Category:Long_term_funding]]
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| [[Category:Compliance_and_audit]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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