Basel III is intended to strengthen and harmonize standards for bank capital and liquidity around the world. The extent to which it will accomplish these objectives remains to be seen as Basel Committee member jurisdictions are still in the process of adopting Basel III into national or regional law. This client publication, and the accompanying United States/European Union comparison and summary table, describe how Basel III is proposed to be implemented in the US and EU, highlighting points of international consistency and divergence.View full memo, "Implementation of the Basel III Framework: Comparison of US and EU Proposals"