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Basel III Accords or Basel III Rules are a bunch of rules that are defined for banks to follow a certain set guidelines to ensure that they can operate at the best possible fashion. The Basel requirements define:

a. Liquidity Ratios

b. Capital Requirements

c. Counterparty Credit Risk requirements

d. Leverage Ratios

e. Etc

That is essential to maintain the healthy running of a bank.

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Q: What does 'Basel 3' rules mean in banking terms?
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