Basel III Accord definition

Basel III Accord means, together:

Basel III Accord means, together, “Basel III: A global regulatory framework for more resilient banks and banking systems” and “Basel III: International framework for liquidity risk measurement, standards and monitoring” both published by the Basel Committee on Banking Supervision on 16th December, 2010, in either case in the form existing on the date of this Agreement;

Basel III Accord means the documents entitled "Basel Committee on Banking Supervision – Basel III: A global regulatory framework for more resilient banks and banking systems – December 2010 (rev June 2011)" and "Basel Committee on Banking Supervision – Basel III: International Framework for liquidity risk measurements, standards and monitoring – December 2010 [(rev June 2011)]" published by the Basel Committee on Banking Supervision on 16 December 2010, as supplemented and/or amended from time to time;

Examples of Basel III Accord in a sentence

• The data contained in the Bank's Pillar 3 reports are calculated in accordance with the Basel III Accord regulatory capital requirements.

• On March 5, 2014, according to B3 Circular Letter No. 003/2014, new versions of B3 Clearinghouses rules became effective, aiming towards convergence with international capital requirement rules under Basel III Accord by financial institutions subject to credit risk of clearinghouses.

• The Basel III Accord contains global regulatory standards on capital adequacy, stress testing, market risk, and liquidity risk and is intended to strengthen capital requirements and to implement new liquidity, leverage, governance and remuneration requirements.

• The Risk Management and Capital Adequacy Disclosures fulfill the Pillar 3 requirements of the Basel III Accord.

• The Risk Management and Capital Adequacy Disclosures focus solely on the Pillar 3 requirements of the Basel III Accord.

• However, the findings of our analysis do not depend significantly on when we look at the data.In an effort to avoid subjective judgments, wherever possible we assign numerical values for ILLIQUIDj, MATURITYj, and STICKYj based on the bank liquidity requirements recently put forth under Basel III Accord.

• These material discrepancies between the first-to-default CVA and the unilateral CVA contemplated in the Basel III Accord have undesirable side effects, such as for instance giving a competitive advantage to those financial institutions which are the slowest at endorsing the banking reform.

• On March 5, 2014, according to BM&FBOVESPA Circular Letter No. 003/2014, new versions of BM&FBOVESPA Clearinghouse rules became effective, aiming at compliance with the international capital requirement rules under Basel III Accord by financial institutions subject to credit risk of clearinghouses.

• Liquidity coverage ratio (LCR)The LCR is an international regulatory standard set out in the Basel III Accord.

• The leverage ratio, which is prescribed under the Basel III Accord, is a supplementary measure to the risk-based capital requirements and is defined as the ratio of Tier 1 capital to the Bank’s total exposures.

More Definitions of Basel III Accord

Basel III Accord means, together: the agreements on capital requirements, a leverage ratio and liquidity standards contained in “Basel III: A global regulatory framework for more resilient banks and banking systems”, “Basel III: International framework for liquidity risk measurement, standards and monitoring” and “Guidance for national authorities operating the countercyclical capital buffer” published by the Basel Committee on Banking Supervision in December 2010, each as amended, supplemented or restated; the rules for global systemically important banks contained in “Global systemically important banks: assessment methodology and the additional loss absorbency requirement - Rules text” published by the Basel Committee on Banking Supervision in November 2011, as amended, supplemented or restated; and any further guidance or standards published by the Basel Committee on Banking Supervision relating to “Basel III”.