July 04, 2017

BCBS published a report for the G20 Leaders updating them on the implementation of Basel III regulatory reforms by its 27 member jurisdictions. The report summarizes steps taken by the 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 last report, and the Committee's implementation work plan.

The report reveals that further progress has been made in implementing the Basel III standards. The implementation of capital and liquidity standards has generally been timely and consistent, with banks continuing to build higher and better capital and liquidity buffers. Member jurisdictions continue their efforts to implement other Basel III standards, with good progress in some areas, such as margin requirements for non-centrally cleared derivatives and the net stable funding ratio or NSFR. However, challenges remain in timely regulatory adoption of standards such as the standardized approach for measuring counterparty credit risk (SA-CCR), capital requirements for exposures to central counterparties, and capital requirements for equity investments in funds. Additionally, a considerable number of Basel standards remain due to be transposed into domestic regulations over the next couple of years, including those on market risk capital requirements, limits on large exposures, and securitization.

 

This report updates G20 Leaders on progress and challenges in the implementation of the Basel III regulatory reforms since August 2016, when the Basel Committee last reported to the G20. This is the sixth such annual report and it summarizes the outcomes of the Regulatory Consistency Assessment Program, or RCAP, of BCBS. Full, timely, and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios, and providing a level playing field for internationally active banks.

 

Related Links

Report on Basel III Implementation, July 2017 (PDF)

Progress Report, August 2016 (PDF)

RCAP Overview

Keywords: International, BCBS, Basel III, RCAP, Regulatory Reforms, G20, Banking

Related Articles
News

APRA Releases Minor Changes to Reporting Standards on SA-CCR for Banks

APRA released minor changes to the three reporting standards for the standardized approach for measuring counterparty credit risk exposures (SA-CCR).

May 22, 2019 WebPage Regulatory News
News

APRA Proposes to Amend Guidance on Residential Mortgage Lending

APRA is consulting on revisions to the prudential practice guide APG 223 on residential mortgage lending in Australia.

May 21, 2019 WebPage Regulatory News
News

ESAs Amend Technical Standards on Mapping of ECAIs Under CRR

ESAs published a second amendment to the implementing technical standards on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk under the Capital Requirements Regulation (CRR).

May 20, 2019 WebPage Regulatory News
News

OCC Consults on Information Collection for Home Mortgage Disclosures

OCC is soliciting comment on the revision of the information collection titled “Regulation C—Home Mortgage Disclosure.” OCC also notes that it has sent the collection to OMB for review.

May 20, 2019 WebPage Regulatory News
News

EIOPA Updates Q&A on Regulations in May 2019

EIOPA published additional questions and answers (Q&A) on guidelines, directives, and regulations applicable to insurers in Europe.

May 17, 2019 WebPage Regulatory News
News

FSB Publishes Update on Meeting of RCG for Americas

FSB published a summary of the meeting of its Regional Consultative Group (RCG) in Americas.

May 17, 2019 WebPage Regulatory News
News

ESRB Paper on Impact of Business Model Similarities on Risk Capture

ESRB published a working paper on whether information contagion and business model similarities explain bank credit risk commonalities.

May 17, 2019 WebPage Regulatory News
News

CBM Notifies ESRB and ECB on Imposing Borrower-Based Measures in Malta

CBM notified ESRB and ECB regarding its decision to impose borrower-based measures on lenders in Malta.

May 17, 2019 WebPage Regulatory News
News

IASB Issues Work Plan and Meeting Updates for May 2019

IASB published an updated work plan, along with the update of its meeting in May 2019.

May 17, 2019 WebPage Regulatory News
News

FCA Publishes Its Business Plan for the Coming Year

FCA published its Business Plan, which sets out the main areas of focus and priorities for 2019/20.

May 17, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 3103