The IIF Regulatory Affairs Department has undertaken a quick analysis of the final standards published by the Basel Committee on Banking Supervision (BCBS) on December 16. These two documents contain our initial assessment of the capital and liquidity standards, focusing in particular on what we believe are the main issues and the most salient changes regarding the original proposals and the July and September 2010 decisions.

The Basel Committee on Banking Supervision (BCBS) released the final text of the new Basel III framework, containing global regulatory standards on banks capital adequacy and liquidity agreed by the Group of Governors and Heads of Supervision. Also published were the Results of the Comprehensive Impact Study and Guidance for National Authorities Operating the Countercyclical Buffer. The full text of these documents can be found here.