Basel III implementation: Basel Committee reports to G20 Leaders

The Basel Committee on Banking Supervision has today published a report for the G20 Leaders at their Summit in Hangzhou on 4-5 September.

The report is an update on the implementation of Basel III regulatory reforms since the Committee’s progress report to G20 Leaders in November 2015. All Basel Committee member jurisdictions have now put in place the key components of the Basel III capital and liquidity frameworks but some report challenges in implementing certain upcoming standards. Efforts are continuing to adopt the Basel III standards for the leverage ratio and the Net Stable Funding Ratio.

Overall, the report summarises the steps taken by Basel Committee member jurisdictions to adopt the Basel III standards, banks’ progress in bolstering their capital and liquidity positions, the consistency of implementation in jurisdictions assessed since the Committee’s November report and the Committee’s implementation work plan.

Next Finance , August 2016

See online : Implementation of Basel standards - A report to G20 Leaders on implementation of the Basel III regulatory reforms

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