BASEL III – NEW REGULATORY FRAMEWORK

In the aftermath of the global financial crisis of 2008-2009, the Basel Committee of Banking Supervision (BCBS) substantially reformed the existing capital adequacy guidelines to new framework referred as Basel III with objectives.

  • to strengthen global capital & liquidity rules with the goal of promoting a more resilient banking sector
  • to improve the banking sector’s ability to absorb shocks arising from financial & economic stress