<Li> The Committee also is reviewing the need for additional capital, liquidity or other supervisory measures to reduce the externalities created by systemically important institutions . </Li> <P> As of September 2010, proposed Basel III norms asked for ratios as: 7--9.5% (4.5% + 2.5% (conservation buffer) + 0--2.5% (seasonal buffer)) for common equity and 8.5--11% for Tier 1 capital and 10.5--13% for total capital . </P> <P> On 15 April 2014, the Basel Committee on Banking Supervision (BCBS) released the final version of its "Supervisory Framework for Measuring and Controlling Large Exposures" (SFLE) that builds on longstanding BCBS guidance on credit exposure concentrations . </P> <P> On 3 September 2014, the U.S. banking agencies (Federal Reserve, Office of the Comptroller of the Currency, and Federal Deposit Insurance Corporation) issued their final rule implementing the Liquidity Coverage Ratio (LCR). The LCR is a short - term liquidity measure intended to ensure that banking organizations maintain a sufficient pool of liquid assets to cover net cash outflows over a 30 - day stress period . </P>

As per basel committee capital of banks is defined as tiers