In 2010, the Basel Committee on Banking Supervision (BCBS) published Basel III, a comprehensive reform package which is designed to improve the quality and quantity of regulatory capital and to build additional capacity into the banking system to absorb losses in times of future market and economic stress. Basel III introduces or enhances a number of capital standards, including a stricter definition of regulatory capital, a minimum tier 1 common equity ratio, the addition of a regulatory capital buffer, a leverage ratio, and a disclosure requirement for regulatory capital instruments.
In July 2013, the U.S. banking agencies issued the Final U.S. Basel III Rule to comprehensively revise the regulatory capital framework for the U.S. banking sector. The Final U.S. Basel III Rule implements many aspects of the BCBS Basel III framework but it also incorporates a number of changes required by the Dodd-Frank Act.
Basel Committee on Banking Supervision
- Second Consultative Document: Revisions to the Basel Securitisation Framework - December 2013
- Consultative Document: Revisions to the Basel Securitisation Framework - December 2012
- Basel III: A global framework for more resilient banks and banking systems December 2010 - rev June 2011
- FDIC Basel III Interim Final Rule - September 10, 2013
- Final Basel III Rule (Fed and OCC) - July 2013
- Proposed Revisions to Market Risk Rule - July 2013
- Final Market Risk Rule - August 30, 2012
- Basel II Advanced Approach Final Rule - December 7, 2007
- Basel Committee Issues Simple, Transparent and Comparable Securitisation Framework for Short-Term SecuritisationsMay 14, 2018
- Basel Committee Proposes Simple, Transparent and Comparable Securitisation Framework for Short-Term SecuritisationsOctober 2017 (Originally Published July 27, 2017)