Basel III FAQs answered by the Basel Committee

The Basel Committee on Banking Supervision today published answers to a third set of Basel III frequently asked questions. These aim to promote consistent global implementation of Basel III, through providing technical elaboration of the rules text and interpretative guidance.

The Basel Committee has received a number of interpretation questions related to the December 2010 publication of the Basel III regulatory frameworks for capital and liquidity and the 13 January 2011 press release on the loss absorbency of capital at the point of non-viability. Today's publication updates the second set of FAQs that relate to the definition of capital, which was published in October 2011.