By Esther Carenza ( March 29, 2021, 3:12 PM EDT) -- The Basel standards I, II and III are a series of international standards for bank regulation. In a nutshell, Basel pillar I is the enhanced minimum capital and liquidity requirements; pillar II involves an enhanced supervisory review process for firm-wide risk management and capital planning. Pillar III is the simple, transparent, non-risk based leverage ratio, total debt to total capital. This acts as a credible supplementary measure to the risk-based capital requirements that strengthen the regulation, supervision and risk management of the banking sector across the EU. ...