Thus, the pursuit of our mandate requires that we understand and incorporate into our policy decisionmaking the anticipated effects of these interconnections. And the dollar’s role as the world’s primary reserve, transaction, and funding currency requires us to consider global developments to help ensure our own financial stability.
BIS Review 148/2010  3  Capital: Already the 7 per cent equity requirement imposed by the Central Bank resonates with the same percentage built into Basel 3, though the Basel definition of capital is rather more stringent.