What Is Basel III?

"Basel III" is a comprehensive set of reform measures, developed by the Basel Committee on Banking Supervision, to strengthen the regulation, supervision and risk management of the banking sector. These measures aim to:

  • Improve the banking sector's ability to absorb shocks arising from financial and economic stress, whatever the source
  • Improve risk management and governance
  • Strengthen banks' transparency and disclosures

The reforms target:

  • Bank-level, or microprudential, regulation, which will help raise the resilience of individual banking institutions to periods of stress
  • Macroprudential, system wide risks that can build up across the banking sector as well as the procyclical amplification of these risks over time

Career Scope in Print Media

Print media are lightweight, portable, disposable publications printed on paper and circulated as physical copies in forms we call books, newspapers, magazines and newsletters. They hold informative and entertaining content that is of general or special interest. They are published either once or da →

Association of South East Asian Nations (ASEAN)

Foundation Date : 8th August,1967 Headquarter : Bangkok, Thailand Member Countries: 10 About ASEAN The Association of Southeast Asian Nations, or ASEAN, was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of A →

What is Bitcoin?

In 2009, an unknown programmer by the name of Satoshi Nakamoto put forward a whitepaper that proposed a creation of new form of digital currency - cryptocurrency. Cryptocurrency functions the same way as regular currencies do in that its used as a means of exchange, unit of account and a store of va →

Medical Council of India (MCI)

Headquarter: New Delhi Function of the Organization: The Medical Council of India was established in 1934 under the Indian Medical Council Act, 1933, now repealed, with the main function of establishing uniform standards of higher qualifications in medicine and recognition of medical qualifications →

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