The Status of the Basel III Capital Adequacy Accord
Description:
The new Basel Capital Adequacy Accord (Basel III) is an agreement among countries' central banks and bank supervisory authorities on the amount of capital banks must hold as a cushion against losses and insolvency. Basel III is of concern to Congress mainly because it could put U.S. financial institutions at a competitive disadvantage in world financial markets. This report follows the basic elements of the Basel III documents on the types of capital requirements and their phase-in schedule, wh…
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Date:
October 28, 2010
Creator:
Eubanks, Walter W.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department