The Basel Committee on Bank Supervision has taken major actions towards completing its development of the new Basel III capital framework. This new regulatory capital framework will make significant changes to the prior Basel II framework by redefining the components of regulatory capital, requiring higher levels of regulatory capital by banks that are subject to the new framework, modifying the regulatory capital treatment of trading, derivatives and securitization exposures, and requiring the maintenance of short and mid-term liquidity buffers. U.S. financial regulators now are charged with the task of implementing the Basel III accord over the coming multi-year period. The new Basel framework will pose major implementation challenges for U.S. financial regulators, and will require affected financial institutions to review and perhaps modify many aspects of their operations and their funding operations.
Please join Charles M. Horn and Dwight C. Smith of Morrison & Foerster as they discuss: