Basel III update: Federal Reserve proposes new bank capital framework

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Basel III update: Federal Reserve proposes new bank capital framework - .PDF file.

Yesterday, the Board of Governors of the Federal Reserve System approved three proposed rules that would revise the general risk-based capital rules to make them consistent with heightened international capital standards, known as Basel III, as well as certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

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