Basel III, US, and AOCI

An interesting aside of the US Basel III adoption is the relief of the inclusion of Accumulated Other Comprehensive Income (AOCI). Its inclusion in Common Equity Tier 1 regulatory capital (CET1) is only mandatory under…

US adopts Basel III

The US adoption of Basel III attracted some discussion on the leverage ratio, see Bloomberg, fuelled by a comment from Daniel Tarullo: “The Basel III leverage ratio seems to have been set too low to…