Basel III Framework Sample Clauses
The Basel III Framework clause establishes the requirement for financial institutions to comply with the international regulatory standards set by the Basel Committee on Banking Supervision. This clause typically mandates that banks maintain specific capital adequacy ratios, leverage ratios, and liquidity requirements to strengthen their resilience against financial stress. By enforcing these standards, the clause ensures that institutions are better equipped to absorb losses, manage risk, and promote overall stability in the financial system.
Basel III Framework. For greater certainty, notwithstanding anything herein to the contrary, all laws, regulations, rules, directives and guidelines attributable to the implementation or application of the Basel III Framework shall be deemed to be a law that becomes effective after the Closing Date, regardless of the date enacted or adopted. In this Agreement, “Basel III Framework” means the global regulatory standards on bank capital adequacy and liquidity referred to by the Basel Committee on Banking Supervision (“BCBS”) as “Basel III” or the “Basel III Framework” published in December 2010, together with any further guidance or standards in relation to “Basel III” or the “Basel III Framework” published or to be published by the BCBS.
Basel III Framework. For greater certainty, notwithstanding anything herein to the contrary, all laws, regulations, rules, directives and guidelines attributable to the implementation or application of the Basel III Framework shall be deemed to be a law