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The Basel Committee publishes Basel III monitoring results obtained from end June 2019 data

13 April 2020
Knowledge Base

Prior to the outbreak of the COVID-19 virus, large active banks operating on an international scale made more progress towards satisfying the Basel III capital requirements. Their liquidity ratios remained stable in comparison to the ratios reported in the end of 2018, but there is a need to increase the operational capacity of banks and supervisors to adequately respond to the pandemic. The Basel Committee has made a decision to not collect Basel III monitoring data for the end June 2020 reporting date set. Continue reading…

Changes to the implementation timeline of the outstanding Basel III standards

02 April 2020
Knowledge Base

The Basel Committee’s oversight body, the Group of Central Bank Governors and Heads of Supervision (GHOS), has endorsed a set of measures to provide additional operational capacity for banks and supervisors to respond to the immediate financial stability priorities resulting from the impact of the coronavirus disease (Covid-19) on the global banking system. “It is important that banks and supervisors are able to commit their full resources to respond to the impact of Covid-19. This includes providing critical services to the real economy and ensuring that the banking system remains financially and operationally resilient. The measures endorsed by GHOS today aim to prioritise these objectives and we remain ready to act further if necessary,” said François Villeroy de Galhau, Chairman of the GHOS and Governor of the Bank of France. 
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Basel Committee reports on Basel III implementation progress

17 October 2019
Knowledge Base

The Basel Committee on Banking Supervision has issued the Seventeenth progress report on adoption of the Basel regulatory framework. As noted by the Group of Central Bank Governors and Heads of Supervision, the Committee’s oversight body, member jurisdictions are expected to ensure a full, timely and consistent implementation of the finalised Basel III reforms.

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Basel Committee reports on Basel III implementation progress

13 May 2019
Knowledge Base

The Basel Committee on Banking Supervision issued the Sixteenth progress report on adoption of the Basel regulatory framework. As noted by the Group of Central Bank Governors and Heads of Supervision (GHOS), the Committee’s oversight body, its members expect full, timely and consistent implementation of the finalised Basel III reforms by member jurisdictions. The progess report sets out the adoption status of Basel III standards for each Committee member jurisdiction as of end-March 2019. It includes the Basel III post-crisis reforms published by the Committee in December 2017 and the finalised market risk framework published in January 2019. These reforms will take effect from 1 January 2022.
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Basel III monitoring results published by the Basel Committee

05 October 2018
Knowledge Base

The Basel Committee published the results of its latest Basel III monitoring exercise based on data as of 31 December 2017. The Committee established a rigorous reporting process to regularly review the implications of the Basel III standards for banks, and has been publishing the results of such exercises since 2012. For the first time, the report sets out the impact of the Basel III framework that was initially agreed in 2010 as well as the effects of the Committee’s December 2017 finalisation of the Basel III reforms.
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Basel Committee urges full, timely and consistent implementation of Basel III post-crisis reforms

01 May 2018
Knowledge Base

The Basel Committee on Banking Supervision (BCBS) issued the Fourteenth progress report on adoption of the Basel regulatory framework. The report sets out the adoption status of Basel III standards for each BCBS member jurisdiction as of end-March 2018. It includes for the first time the finalised Basel III post-crisis reforms published by the Committee in December 2017. These recent reforms will take effect from 1 January 2022.
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Basel Committee discusses its work programme, current policy work, implementation of its standards, and initiatives to promote strong supervision

27 March 2018
Knowledge Base

The Basel Committee on Banking Supervision on Friday published an outline of discussions at its meeting on 15–16 March 2018 in Basel and announced it will publish summaries of each meeting in future. “The Basel Committee is committed to transparency and accountability in its role as the global standard setter for the prudential regulation of banks,” said Stefan Ingves, Chairman of the Basel Committee and Governor of Sveriges Riksbank.

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Basel III monitoring results published by the Basel Committee

07 March 2018
Knowledge Base

The Basel Committee published the results of its latest Basel III monitoring exercise based on data as of 30 June 2017. The Committee established a rigorous reporting process to regularly review the implications of the Basel III standards for banks, and it has published the results of previous exercises since 2012. The Committee’s finalisation of the Basel III reforms is not yet reflected in the results; the collection of relevant data for those reforms started for the end-2017 reporting date.

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The Basel Committee consults on revisions to the Pillar 3 disclosure framework

01 March 2018
Knowledge Base

The Basel Committee on Banking Supervision has issued for consultation Pillar 3 disclosure requirements – updated framework. Pillar 3 of the Basel framework seeks to promote market discipline through regulatory disclosure requirements. Many of the proposed disclosure requirements published today are related to the finalisation of the Basel III post-crisis regulatory reforms in December 2017.
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