If you are working in the banking industry, chances are you have already heard of the Basel III implementation. Basically, Basel III implementation is a form of global regulatory standard on banking.
This is more about the market liquidity test, stress testing, capital adequacy and other matters as per information from Basel Committee on Banking Supervision.
Specifically, this has been developed way back in the year 2010 to 2011. However, this is scheduled to be implemented in 2013 and up to 2018. To know more on what this is all about, read the succeeding paragraphs. Continue reading