3 ms·
The 1% refers to a specific sub-segment of the overall capital requirements. This would be on top of any normal Basel III requirements and is typically marked a
by venantius 8y ago
The 1% refers to a specific sub-segment of the overall capital requirements. This would be on top of any normal Basel III requirements and is typically marked as a "discretionary" capital buffer to be set by the state in question.
EDIT: Ah, nuts, meant to reply to grandparent rather than parent. Oh well.