Basel III Framework to be Softened

Politics ♦ Published: January 13, 2014; 12:11 ♦ (Vindobona)

The Basel Committee´s oversight body has amended the leverage ratio rules. For the banking industry, this step is an important success.

Basel III Framework to be Softened / Picture: © Vindobona.org

The Basel Committee has issued the full text of Basel III's leverage ratio framework and disclosure requirements following endorsement on 12 January 2014 by its governing body, the Group of Central Bank Governors and Heads of Supervision (GHOS).

A consultative version of the leverage ratio framework and disclosure requirements was published in June 2013. After carefully…

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