Awake-in-3D: Clarifying the Basel III Accords – History, Key Banking Changes, and Impact on Physical Gold

Clarifying the Basel III Accords – History, Key Banking Changes, and Impact on Physical Gold On July 27, 2023 By Awake-In-3D Did Basel 3 just asset-back all bank balance sheets, connect to the QFS and bring forth Our GCR? Of course not. The Basel III Accords, developed as a response to the 2008 financial crisis, have significantly reshaped the global banking sector. This regulatory framework introduces key changes such as increased capital requirements, liquidity standards, and leverage ratios to enhance the stability and resilience of banks. Notably, Basel III reclassifies physical gold as a Tier 1 asset, recognizing its liquidity…