Many measures have been  1  IMF-BIS-FSB (2009)  BIS central bankers’ speeches  1  proposed as part of Basel III framework which raise a lot of implementation issues. Let me dwell on some of the issues which pose major regulatory challenges and dilemmas. I.
Implementation of Basel III  a)  Capital:  In terms of Basel III guidelines, the capital required, and, particularly, the equity component has become much larger. While the minimum CRAR remains at 8 per cent, the equity component has been raised from 2 per cent to 4.5 per cent.