Report sets out compliance with Basel standards

Original news:

The latest Basel Report is issued, setting out the adoption status of Basel II, Basel 2.5 and Basel III regulations for each Basel Committee member jurisdiction as of end-September 2014.

The focus of this progress report by the Bank for International Settlements is to ensure Basel standards are transformed into national law or regulation according to internationally agreed timeframes.  This report updates the committee's previous progress reports, published on a semi-annual basis since October 2011.

Background

In 2012, the Basel Committee started the Regulatory Consistency Assessment Programme to monitor progress in introducing regulations, assess their consistency and analyse regulatory outcomes. As part of this programme, the committee periodically monitors the adoption status of the risk-based capital requirements and the requirements for global and domestic