BDO Knows Financial Institutions & Specialty Finance Alert - October 2013

October 2013

The release of the Basel III final bank capital rules give us a clearer picture of what to expect. Among other things, the new regulations specify minimum capital levels and buffers, and spell out what qualifies as capital. Under the new rules, you are expected to carry capital well above the minimums to cover risk unique to your balance sheet. Now comes the challenging part - assessing your risk, setting capital goals and preparing for the changes.