• Contingent Convertible Bonds and the Impact of Basel III
  • December 22, 2011 | Author: Angus Duncan
  • Law Firm: Cadwalader, Wickersham & Taft LLP - London Office
  • In January 2011, the Basel Committee on Banking Supervision (the “Basel Committee”) set out rules to supplement Basel III regulations on capital adequacy and liquidity. The Basel III reforms aim to improve the quality and level of capital within firms (further details of the Basel III reforms are set out below).