U.S. Basel III Final Rule: Visual Memorandum
The U.S. Basel III final rule is the most complete overhaul of U.S. bank capital standards in over two decades. It comprehensively revises the regulatory capital framework for the entire U.S. banking sector. The final rule implements many aspects of Basel III and incorporates changes required by the Dodd-Frank Act. It also makes significant changes to the 2012 U.S. Basel III proposals.
Davis Polk’s visual memorandum uses diagrams, flowcharts, timelines, examples and comparison tables to illustrate key aspects of the U.S. Basel III final rule.
This visual memorandum is the first in a series of Davis Polk publications on U.S. Basel III. We will soon launch an interactive web tool to help you navigate the key differences between U.S. Basel III and the existing capital framework.