Basel III

Author:

Published:

Updated:

« Back to Glossary Index

Definition of “Basel III” :

“Basel III” is a set of international banking regulations developed by the Basel Committee on Banking Supervision. It aims to enhance financial stability by improving the banking sector’s ability to absorb shocks, increasing transparency, and strengthening risk management practices. It’s applicable in South Africa as the country is a member of the G20, which committed to implementing Basel III.

« Back to Glossary Index

Latest guides