Finalising post-crisis reforms: an update - A report to G20 Leaders
This report reviews the Basel Committee's work since the global financial crisis to strengthen the international regulatory framework for banks. The measures introduced by the Committee include:
- increasing the quality and level of capital;
- enhancing risk capture;
- constraining leverage and excessive concentration;
- adding a macroprudential dimension to the regulatory framework;
- addressing liquidity risk; and
- enhancing supervision and promoting consistent global implementation of the Basel framework.
The report also provides an update on the Committee's substantial progress towards finalising its post-crisis reforms, which includes revising the standardised approaches for determining regulatory capital and measures to reduce excessive variability in risk-weighted assets. The Committee is well on track to finalise the remaining elements of the regulatory reform agenda for global banks.