Back بازل 3 Arabic Bazel III Azerbaijani Basilea III Catalan Basel III Danish Basel III German Basilea III Spanish سند سوم بازل Persian Bâle III French Basel III ID バーゼルIII Japanese
| Basel Framework International regulatory standards for banks |
|---|
| Background |
| Pillar 1: Regulatory capital |
| Pillar 2: Supervisory review |
| Pillar 3: Market disclosure |
| Business and Economics Portal |
Basel III is the third of three Basel Accords, a framework that sets international standards and minimums for bank capital requirements, stress tests, liquidity regulations, and leverage, with the goal of mitigating the risk of bank runs and bank failures. It was developed in response to the deficiencies in financial regulation revealed by the 2007–2008 financial crisis and builds upon the standards of Basel II, introduced in 2004, and Basel I, introduced in 1988.
The Basel III requirements were published by the Basel Committee on Banking Supervision in 2010,[1] and began to be implemented in major countries in 2012.[2][3] Implementation of the Fundamental Review of the Trading Book (FRTB), published and revised between 2013 and 2019, has been completed only in some countries and is scheduled to be completed in others in 2025 and 2026. Implementation of the Basel III: Finalising post-crisis reforms (also known as Basel 3.1 or Basel III Endgame), introduced in 2017, was extended several times, and is now scheduled to go into effect on July 1, 2025 with a three-year phase-in period.[4][5][6][7][8]
- ^ "Group of Governors and Heads of Supervision announces higher global minimum capital standards" (PDF) (Press release). Bank for International Settlements. 12 September 2010.
- ^ "European bank deleveraging: Basel III edition". Financial Times. 24 October 2012.
- ^ "Basel III – Implementation". Financial Stability Board.
- ^ "Governors and Heads of Supervision finalise Basel III reforms". Basel Committee on Banking Supervision (Press release). Bank for International Settlements. 7 December 2017.
- ^ "Governors and Heads of Supervision announce deferral of Basel III implementation to increase operational capacity of banks and supervisors to respond to Covid-19" (Press release). Bank for International Settlements. 27 March 2020.
- ^ Coen, William (5 April 2016). "The global policy reform agenda: completing the job". Bank for International Settlements.
- ^ "History of the Basel Committee". Bank for International Settlements. 9 October 2014.
- ^ "Basel III endgame". PwC.