Planning for Basel III

Financial Institutions

May 01, 2014
by Brett Schwantes, CPA

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Brett Schwantes Brett Schwantes, CPA
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Federal banking regulatory agencies finalized the Basel III rule in July 2013, which was already applicable at the start of 2014 for large banking organizations (banks and holding companies with more than $15 billion in assets). Community banking organizations (banks with less than $15 billion in assets and bank holding companies with $500 million to $15 billion in assets) will have to apply these new standards beginning January 1, 2015. If they haven’t already, management teams should start planning for Basel III implementation.


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Length: 2 pages (PDF 58 kB)

 

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