BCBS progress report on Basel III implementation | Practical Law

BCBS progress report on Basel III implementation | Practical Law

The Basel Committee on Banking Supervision has published a progress report on its members' implementation of Basel II, Basel 2.5 and Basel III. (Free access.)

BCBS progress report on Basel III implementation

Practical Law Legal Update 2-509-3168 (Approx. 3 pages)

BCBS progress report on Basel III implementation

by PLC Financial Services
Published on 18 Oct 2011European Union, International
The Basel Committee on Banking Supervision has published a progress report on its members' implementation of Basel II, Basel 2.5 and Basel III. (Free access.)
On 18 October 2011, the Basel Committee on Banking Supervision published a progress report (BCBS203) on the progress of its members towards implementing Basel III as at the end of September 2011. The report also reviews members' progress on implementing Basel II and Basel 2.5 (that is, the measures agreed by the BCBS on securitisation and trading book exposures in July 2009).
The report focuses on the adoption of Basel III measures relating to capital requirements measured against risk-weighted assets (RWA). The BCBS will include implementation of the liquidity ratios and the leverage ratio in its review after it has concluded its study on any revisions or final adjustments to those measures.
The Bank for International Settlements (BIS) has also published the following webpages relating to the report:
The BCBS intends to update the report to reflect the outcome of its reviews into the consistency of members' regulations with the internationally agreed standards and the consistency of the measurement of RWA across banks and jurisdictions covering both the banking book and the trading book.
For more information about Basel II, see Practice note, Basel II: an overview, and for more information about Basel 2.5 and Basel III, see Practice note, Basel III: an overview.
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