Notes: The numbers in the table are the proportion of capital that is required for each category/row in a percentage term. Panel A shows the timing of regulatory requirements for advanced approaches banks. Advanced approaches banks are defined as institutions with at least $250bn in consolidated assets or on-balance sheet foreign exposures of at least $10bn. Basel III requirements become effective in the calendar year 2014 for advanced approaches banks. These banks are also subject to additional countercyclical capital buffer requirements. Panel B shows the timing of regulatory requirements for standard approaches banks or standardized approaches banks. The implementation of standardized approaches starts in 2015. (1) Both advanced approaches banks and standardized approaches banks are required to increase capital conservation buffer from 0 percent of the existing rule to 2.5 percent; (2) similarly, both banks are required to increase Tier 1 capital ratio from 4 percent of the existing rule to 6 percent; (3) both banks are also required to increase total capital ratio form 6 percent of the existing rule to 10.5 percent; and (4) advanced approaches banks only. Advanced approaches banks are to increase the countercyclical capital buffer to 2.5 percent