Basel III
Basel III is an international regulatory framework for banks that strengthens capital, liquidity, and risk management requirements. It was developed to improve the resilience of the banking system.
Key elements include higher capital buffers, a leverage ratio, and liquidity standards such as the LCR and NSFR. National regulators implement Basel III rules within their jurisdictions. National regulators such as BaFin, JFSA, and OSFI implement Basel III locally.
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