Basil III

Basil III,

Russian ruler: see Vasily IIIVasily III
(Vasily Ivanovich) , 1479–1533, grand duke of Moscow (1505–33). Carrying on the policies of his father, Ivan III, he rounded out the territorial consolidation of the Russian state, formally annexing Pskov (1510), Ryazan (1517), and Novgorod-Seversk (1523)
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Its capital adequacy ratio stood at 18.29 per cent, much higher than the UAE Central Bank requirement under Basil III at 10.5 per cent.
Abu Dhabi: The Central Bank of the UAE has laid out a roadmap to introduce tougher conditions for banks and financial institutions to comply with Basil III Accord on capital adequacy, stress testing and market liquidity risk.
Al-Mish'al pointed out that the launching by the Bahrain Bourse of its new trading regulations and the underwriting of Zain- Bahrain were two of the best things that happened in the financial sector in addition to the readiness of financial institutions operating in Bahrain to apply the Basil III new criteria for capital efficiency.
He reiterated that the Lebanese banking sector had exceeded the capital adequacy ratio set by Basil III requirements.
Najjar pointed out that the top themes in 2013 remained money laundering, risk management, terrorism finance, data security, global sanctions enforcement, and the new international core principles such as Basil III and the International Organisation of Securities Commissions (IOSCO).
DeJordy and her husband Robert of Northbridge; 8 grandchildren, Mary Frances, Basil III, Anne Marie, Timothy, Carolyn, Christopher, Matthew, and Thomas; 10 great grandchildren; nieces and nephews.
According to the agreement, which came out of the Basil III committee, banks which pose risks to the world financial situation through scope will face a rising scale that will determine exactly how much more capital they must hold.
Basil III (1479-1533) became czar of Russia in 1505 on the death of his father, Ivan III.
He said that Bahraini banks in particular and Gulf and Arab banks in general have better financial solvency than European and western banks as Arab and Gulf banks determine financial solvency on the basis of shareholders rights and retained profits unlike western banks which determine financial solvency on the basis of other elements that have been superseded by Basil III. This weakened the position of most banks in the list of the strongest western banks.