Overview of U.S. Basel III Final Rule
- The U.S. banking agencies* have issued a final rule to comprehensively revise the regulatory capital framework for the U.S. banking sector.
- The U.S. Basel III final rule represents the most complete overhaul of U.S. bank capital standards since the U.S. adoption of Basel I in 1989.
- The final rule implements many aspects of the Basel III capital framework agreed upon by the Basel Committee, but also incorporates changes required by the Dodd-Frank Act.
- The U.S. Basel III final rule makes a number of significant changes to the June 2012 U.S. Basel III proposals.