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"timeline" for the launch of the Global ILP

I kept reading about the BASEL III Liquidity Standard.

BASEL : Basel III is a global, voluntary regulatory framework on bank capital adequacy, stress testing, and market liquidity risk.
The original Basel III rule from 2010 required banks to fund themselves with 4.5% of common equity (up from 2% in Basel II)

AND HERE COMES THE FUN PART!

...Banks have to hold a total of 7% CET1 capital ratio, from 2019 onwards"
en.wikipedia.org/wiki/Basel_III
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