What is Basel 3?

Basel III is an international regulatory framework designed by the Basel Committee on Banking Supervision to improve the stability and soundness of the global banking system. It was developed in response to the financial crisis of 2008 and aims to strengthen the requirements for bank capital and liquidity, enhance risk management and strengthen the supervision of banks. Basel III also includes measures to address systemically important institutions, improve the quality of capital, and increase the transparency of banks' activities. The implementation of Basel III has been phased in gradually since 2010.

This mind map was published on 23 May 2023 and has been viewed 61 times.