Lumenswap (@lumenswap) Tweeted:
Why are countries using Stellar to change their economical structures?

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#Stellar https://twitter.com/lumenswap/status/1408415797404475403?s=20

Understanding Basel III
Basel III, which is alternatively referred to as the Third Basel Accord or Basel Standards, is part of the continuing effort to enhance the international banking regulatory framework. It specifically builds on the Basel I and Basel II documents in a campaign to improve the banking sector's ability to deal with financial stress, improve risk management, and promote transparency. On a more granular level, Basel III seeks to strengthen the resilience of individual banks in order to reduce the risk of system-wide shocks and prevent future economic meltdowns.

https://www.investopedia.com/terms/b/basell-iii.asp

Key Principles of Basel III

1. Minimum Capital Requirements
The Basel III accord raised the minimum capital requirements for banks from 2% in Basel II to 4.5% of common equity, as a percentage of the bank’s risk-weighted assets. There is also an additional 2.5% buffer capital requirement that brings the total minimum requirement to 7%. Banks can use the buffer when faced with financial stress, but doing so can lead to even more financial constraints when paying dividends.

As of 2015, the Tier 1 capital requirement increased from 4% in Basel II to 6% in Basel III. The 6% includes 4.5% of Common Equity Tier 1 and an extra 1.5% of additional Tier 1 capital. The requirements were to be implemented starting in 2013, but the implementation date has been postponed several times, and banks now have until January 1, 2022, to implement the changes.

2. Leverage Ratio
Basel III introduced a non-risk-based leverage ratio to serve as a backstop to the risk-based capital requirements. Banks are required to hold a leverage ratio in excess of 3%. The non-risk-based leverage ratio is calculated by dividing Tier 1 capital by the average total consolidated assets of a bank.

To conform to the requirement, the Federal Reserve Bank of the United States fixed the leverage ratio at 5% for insured bank holding companies, and at 6% for Systematically Important Financial Institutions (SIFI).

3. Liquidity Requirements
Basel III introduced the usage of two liquidity ratios – the Liquidity Coverage Ratio and the Net Stable Funding Ratio. The Liquidity Coverage Ratio requires banks to hold sufficient highly liquid assets that can withstand a 30-day stressed funding scenario as specified by the supervisors. The Liquidity Coverage Ratio mandate was introduced in 2015 at only 60% of its stated requirements and is expected to increase by 10% each year till 2019 when it takes full effect.

On the other hand, the Net Stable Funding Ratio (NSFR) requires banks to maintain stable funding above the required amount of stable funding for a period of one year of extended stress. The NSFR was designed to address liquidity mismatches and will start becoming operational in 2018.

https://corporatefinanceinstitute.com/resources/knowledge/finance/basel-iii/

Impact of Basel III
The requirement that banks must maintain a minimum capital amount of 7% in reserve will make banks less profitable. Most banks will try to maintain a higher capital reserve to cushion themselves from financial distress, even as they lower the number of loans issued to borrowers. They will be required to hold more capital against assets, which will reduce the size of their balance sheets.

It (BIS) has urged central banks, such as the Reserve Bank of Australia (RBA), to develop their own digital currencies to satisfy the wants of citizens who are being drawn to cryptocurrencies.

https://www.abc.net.au/news/2021-06-24/cryptocurrencies-are-not-good-says-bank-international-settlement/100240296

See you in July ❤️

They thought this was my last speech.
I deceived them and won.

The Illuminati will fail.

Biden is an Illuminati doll.

Democrats are an Illuminati toy.

President Trump is true leader.

Keep the faith.

Join The Official Telegram Channel of Michael Jackson
👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
@MichaelJacksonQ

BARCELONA (where McAfee “died in prison”) IS THE HEADQUARTERS OF SCYTL

Is that just a coincidence? They’ve deleted this webpage, but I found it on the Wayback Machine thanks to a tip from one of our Patriots in the chat (below).

KEEP SHARING THESE DIGS PATRIOTS!

OSINT is a power the Deep State cannot fight!

https://web.archive.org/web/20201103210825/https://www.scytl.com/en/news/service-point-solutions-part-of-paragon-group-announces-the-acquisition-of-scytl-the-barcelona-based-company-leader-in-digital-voting-and-electoral-modernization/#

So now people are getting shot to keep them safe from the COVID!!!

https://twitter.com/TimesNow/status/1408348773215047687?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1408348773215047687%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Fbank-guard-india-shoots-patron-entering-without-face-mask

🤔hmmm

Some UAP appeared to remain stationary in winds aloft, move against the wind, maneuver
abruptly, or move at considerable speed, without discernable means of propulsion. In a small
number of cases, military aircraft systems processed radio frequency (RF) energy associated with UAP sightings.

TRUMPS NEW AIRPLANE ✈🇺🇸

“This is a huge victory for everyone who wants to get to the truth about the way in which Fulton County mishandled the absentee ballot count,” - Bob Cheeley, an Atlanta-area lawyer serving as the lead attorney for two of the petitioners

https://justthenews.com/government/courts-law/huge-victory-judge-names-members-fulton-election-board-lawsuit-ballot-audit

"Yeah, there is going to be something that is going to happen and I’m afraid that what it’s going to do is it’s going to further divide the country. It’s not going to be as dramatic as something you’re talking about with 9-11 and the stupidity, and this nonsense of UFOs and this apocalyptic crap is such garbage. People need to face reality...the 2020 presidential election was stolen. There is no doubt in my mind anymore. There is none… And the truth will continue to come out. Something is going to happen. I don’t think we’re going to have to wait until the end of summer. I think it’s going to happen here fairly soon…because they must create noise prior to the Arizona audit starting to really bubble out. They are gonna have to do something." - General Michael Flynn

https://www.thegatewaypundit.com/2021/06/gen-michael-flynn-something-going-happen-must-create-noise-arizona-audit-going-something-video/?utm_source=Twitter&utm_medium=PostTopSharingButtons&utm_campaign=websitesharingbuttons