Written by Bazel McDanielMay 2, 2024
Key Modifications in Basel III and Their Impact on Banking Practices
Financial Institutions Article
The Basel III Endgame phase brings several crucial modifications aimed at enhancing the resilience of the banking system. Banks are required to increase their Tier 1 equity capital significantly, adopt a standardized approach for calculating risk-weighted assets (RWAs), and meet higher supplementary leverage ratios. New regulatory buffers and a phased implementation period ensure a gradual