BCBS to establish standardized capital floor
The goal is to promote consistent implementation of the rules across banks
The committee notes that the financial crisis highlighted several weaknesses in the current capital rules
The framework aims to ensure the maintenance and stability of funding and liquidity profiles of banks' balance sheets
All countries have now implemented risk-based capital regulations
“Insufficient progress” in implementing principles that reflect lessons from financial crisis
Most large internationally active banks now meet the Basel III minimum requirements for risk-based capital
Measures aim ensure greater consistency in the way banks disclose information about risk exposures
New guidelines place greater emphasis on the need for early intervention and the use of recovery and resolution tools
Basel Committee notes deviation in the treatment of preferred shares and DB pension assets