• Service: Advisory, Risk Consulting, Financial Risk Management, Transaction Accounting Services
  • Industry: Banking & Capital Markets
  • Type: Publication series
  • Date: 9/23/2010

Regulatory Practice Letter #10-18 

International Capital Standards: Agreed Upon Measures to Strengthen and Increase Current Requirements (Basel III)

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The Group of Governors and Heads of Supervision (the “GGHS”), the oversight body of the Bank for International Settlements’ (“BIS”) Basel Committee on Banking Supervision (“Basel Committee”), announced on September 12 that it had reached agreement on capital reforms that would strengthen the international capital standards for large and internationally active banking organizations operating under the Basel II Capital Framework.