Sept. 2010 .. EU to lift the rock on abusive high finance ... May 2010 .. ***Geithner Meeting Barnier on Basel III Presses Banks ...
December 2011
International regulatory framework for banks (Basel III)
Current highlights:
Progress report on Basel III implementation
Basel III implementation monitoring (QIS)
Basel III: A global regulatory framework for more resilient banks and banking systems - revised version June 2011
Basel III: International framework for liquidity risk measurement, standards and monitoring
Basel II
"Basel III" is a comprehensive set of reform measures, developed by the Basel Committee on Banking Supervision, to strengthen the regulation, supervision and risk management of the banking sector.
These measures aim to:
_improve the banking sector's ability to absorb shocks arising from financial and economic stress, whatever the source
_improve risk management and governance
_strengthen banks' transparency and disclosures.
The reforms target:
_bank-level, or microprudential, regulation, which will help raise the resilience of individual banking institutions to periods of stress.
_macroprudential, system wide risks that can build up across the banking sector as well as the procyclical amplification of these risks over time.
These two approaches to supervision are complementary as greater resilience at the individual bank level reduces the risk of system wide shocks.
The Basel III framework is summarized in a table which provides an overview of the various measures taken by the Committee.
Basel III is part of the Committee's continuous effort to enhance the banking regulatory framework. It builds on the International Convergence of Capital Measurement and Capital Standards document (Basel 3
Compilation of documents that form the global regulatory framework for capital and liquidity (Basel II, Basel 2.5 and Basel III)
Basel Committee's response to the financial crisis
