Basel Committee publishes report on Basel III implementation
June 11, 2012 - The Basel Committee on Banking Supervision published on 11 June its "Report to G20 Leaders on Basel III Implementation".
The interim report details the progress that the members of the Basel Committee have made to date in implementing the Basel III regulatory framework (including Basel II and Basel 2.5, which now form integral parts of Basel III) on three levels: Level 1: timely adoption of Basel III; Level 2: regulatory consistency with Basel III; Level 3: consistency of outcomes, initially focusing on risk-weighted assets. The Basel Committee's implementation review process forms part of the FSB's Coordination Framework for Implementation Monitoring.
Read the full report.
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