The Basel III package, as it’s called, is perhaps best known for its regulations that determine how much capital banks need to have, while taking into account how risky their assets are, and how much leverage they are allowed to take on.
The South African Reserve Bank is proud to have been associated with an event of this calibre, the first ACI Conference to be hosted on the African continent. The SADC financial markets subcommittee is now operational and has met twice in the past year.