IMF Statement on Basel III Bank Capital Standards
IMF welcomed the finalization of Basel III capital standards. In this context, the IMF spokesperson Gerry Rice issued a statement in Washington DC: “The IMF welcomes the finalization of the Basel III reform package, which provides greater assurance that the key risks to which the banking system was exposed in the financial crisis are being suitably addressed, and urges national authorities to move swiftly to implement these reforms in a timely and consistent manner.”
Keywords: International, Banking, Basel III, Final Basel III Reforms, Capital Framework, IMF
Featured Experts

María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer

Brian Robinson
Actuary; risk management specialist; corporate and capital modelling expert

Dieter Van der Stock
IFRS subject matter expert; accounting authority; risk management specialist
Previous Article
OFR on Maturity Mismatch Risk in MMF Industry and FHLBank SystemRelated Articles
News
APRA Updates Lists of Validation and Derivation Rules in December 2019APRA updated the lists of the Direct to APRA (D2A) validation and derivation rules for authorized deposit-taking institutions, insurers, and superannuation entities.
December 13, 2019
WebPage
Regulatory News
|
News
APRA Finalizes Prudential Standard for Credit Risk Management of BanksAPRA updated the prudential standard on credit risk management requirements (APS 220) for authorized deposit-taking institutions, post a public consultation.
December 12, 2019
WebPage
Regulatory News
|
News
EIOPA Consults on Guidelines on ICT Security and GovernanceEIOPA issued a consultation on guidelines on the Information and Communication Technology (ICT) security and governance by insurers.
December 12, 2019
WebPage
Regulatory News
|
News
BCBS Consults on Design of Prudential Treatment for Crypto-AssetsBCBS published a discussion paper on the design of prudential treatment for crypto-asset exposures of banks.
December 12, 2019
WebPage
Regulatory News
|
News
NCUA Approves Delay of Risk-Based Capital Rules Until January 2022The NCUA Board held its eleventh open meeting of 2019 and approved a final rule to delay the effective date of the risk-based capital rules for credit unions to January 01, 2022.
December 12, 2019
WebPage
Regulatory News
|
News
APRA Issues Operational Risk Rules, Consults on Reporting RequirementsAPRA published an updated prudential standard APS 115 that sets out operational risk requirements for authorized deposit-taking institutions in Australia.
December 11, 2019
WebPage
Regulatory News
|
News
ESMA Updates Q&A on European Benchmarks Regulation in December 2019ESMA updated the question and answers (Q&A) document on the European Benchmarks Regulation.
December 11, 2019
WebPage
Regulatory News
|
News
APRA Decides to Keep Countercyclical Capital Buffer for Banks at 0%APRA announced its decision to keep the countercyclical capital buffer (CCyB) for authorized deposit-taking institutions on hold at zero percent.
December 11, 2019
WebPage
Regulatory News
|
News
ESMA on Draft Amendments to Indices and Recognized Exchanges Under CRRESMA issued the final report on draft amendments to the Implementing Regulation (EU) 2016/1646, which specifies the main indices and recognized exchanges, under the Capital Requirements Regulation (CRR), that are relevant to credit institutions and investment firms subject to prudential requirements and trading venues.
December 11, 2019
WebPage
Regulatory News
|
News
FED Extends Consultation Period for Capital Requirements for InsurersFED is extending comment period for the proposed rule establishing risk-based capital requirements for depository institution holding companies that are significantly engaged in insurance activities.
December 10, 2019
WebPage
Regulatory News
|