Basel III: international regulatory framework for banks
Basel III is an internationally agreed set of measures developed by the Basel Committee on Banking Supervision in response to the financial crisis of 2007-09. The measures aim to strengthen the regulation, supervision and risk management of banks.
Like all Basel Committee standards, Basel III standards are minimum requirements which apply to internationally active banks. Members are committed to implementing and applying standards in their jurisdictions within the time frame established by the Committee.
The post-crisis regulatory reforms were endorsed by the Group of Central Bank Governors and Heads of Supervision (GHOS), the Basel Committee's oversight body, on 7 December 2017. The revised standards will make banks more resilient and restore confidence in banking systems.
- Finalising Basel III - In brief
- High-level summary of Basel III reforms
- Basel III Monitoring Report - Results of the cumulative quantitative impact study
- Basel III finalisation announcement news conference
For the full set of Basel Committee standards currently in force or coming into effect in the future, please see the compilation page.