http://www.bis.org/list/bcbs/tid_127/index.rss Publications and updates by the Basel Committee on Banking Supervision (BCBS), including on topics related to the Basel II Framework and its implementation. Capital en http://www.bis.org/bcbs/publ/d306.htm Abstract of "Capital floors: the design of a framework based on standardised approaches - consultative document", December 2014. This consultative paper outlines the Basel Committee's proposals to design a capital floor based on standardised, non-internal modelled approaches. The proposed floor would replace the existing transitional capital floor based on the Basel I framework. The floor will be based on revised standardised approaches for credit, market and operational risk, which are currently under consultation. Capital floors: the design of a framework based on standardised approaches - consultative document 2014-12-22T10:55:00Z This consultative paper outlines the Basel Committee's proposals to design a capital floor based on standardised, non-internal modelled approaches. The proposed floor would replace the existing transitional capital floor based on the Basel I framework. The floor will be based on revised standardised approaches for credit, market and operational risk, which are currently under consultation. Capital floors: the design of a framework based on standardised approaches - consultative document 2014-12-22T10:55:00Z BIS standardised approach capital floors PDF version http://www.bis.org/bcbs/publ/d306.pdf December 2014 Bank for International Settlements: BCBS Publications 306 http://www.bis.org/bcbs/publ/d297.htm Abstract of "Basel capital framework national discretions", November 2014. The Basel standards include a number of national discretions that allow countries to adapt the international standards to reflect differences in the structure and development of financial systems. However, the use of national discretions can also impair comparability across jurisdictions and has been found to be a driver of variability in risk-weighted assets. The Committee is therefore reviewing the use of national discretions with a view to removing a number of them from the framework. Basel capital framework national discretions 2014-11-12T09:10:00Z Abstract of "Basel capital framework national discretions", November 2014. The Basel standards include a number of national discretions that allow countries to adapt the international standards to reflect differences in the structure and development of financial systems. However, the use of national discretions can also impair comparability across jurisdictions and has been found to be a driver of variability in risk-weighted assets. The Committee is therefore reviewing the use of national discretions with a view to removing a number of them from the framework. Basel capital framework national discretions 2014-11-12T09:10:00Z BIS capital framework national discretions variability PDF version http://www.bis.org/bcbs/publ/d297.pdf November 2014 Bank for International Settlements: BCBS Publications 297 http://www.bis.org/publ/bcbs293.htm Abstract of "Frequently asked questions on the Basel III leverage ratio framework", October 2014. This document sets out the first set of FAQs that relate to the Basel III leverage ratio framework. Frequently asked questions on the Basel III leverage ratio framework 2014-10-07T09:00:00Z Abstract of "Frequently asked questions on the Basel III leverage ratio framework", October 2014. This document sets out the first set of FAQs that relate to the Basel III leverage ratio framework. Frequently asked questions on the Basel III leverage ratio framework 2014-10-07T09:00:00Z BIS capital adequacy regulatory capital FAQs PDF version http://www.bis.org/publ/bcbs293.pdf October 2014 Bank for International Settlements: BCBS Publications 293 http://www.bis.org/publ/bcbs292.htm Abstract of "Review of the Principles for the Sound Management of Operational Risk", October 2014: a review of banks' implementation of the 2011 "Principles for the Sound Management of Operational Risk". The principles embody the lessons from the financial crisis and evolving sound practice in operational risk management. The review covered 60 systemically important banks (SIBs) in 20 jurisdictions and took the form of a questionnaire against which banks self-assessed the extent and quality of their implementation. Review of the Principles for the Sound Management of Operational Risk 2014-10-06T13:00:00Z Abstract of "Review of the Principles for the Sound Management of Operational Risk", October 2014: a review of banks' implementation of the 2011 "Principles for the Sound Management of Operational Risk". The principles embody the lessons from the financial crisis and evolving sound practice in operational risk management. The review covered 60 systemically important banks (SIBs) in 20 jurisdictions and took the form of a questionnaire against which banks self-assessed the extent and quality of their implementation. Review of the Principles for the Sound Management of Operational Risk 2014-10-06T13:00:00Z BIS peer review three lines of defence PSMOR PDF version http://www.bis.org/publ/bcbs292.pdf October 2014 Bank for International Settlements: BCBS Publications 292 http://www.bis.org/publ/bcbs289.htm Abstract of "Basel III Monitoring Report", September 2014. This report is the sixth publication of results from the Basel III monitoring exercise and summarises the aggregate results using data as of 31 December 2013. Basel III Monitoring Report as of 31 December 2013 2014-09-11T09:00:00Z To assess the impact of the Basel III framework on banks, the Basel Committee on Banking Supervision monitors the effects and dynamics of the reforms. For this purpose, a semiannual monitoring framework has been set up on the risk-based capital ratio, the leverage ratio, and the liquidity metrics using data collected by national supervisors on a representative sample of institutions in each country. This report is the sixth publication of results from the Basel III monitoring exercise and summarises the aggregate results using data as of 31 December 2013. The Committee believes that the information contained in the report will provide relevant stakeholders with a useful benchmark for analysis. Basel III Monitoring Report as of 31 December 2013 2014-09-11T09:00:00Z BIS quantitative impact study Monitoring QIS basel iii PDF version http://www.bis.org/publ/bcbs289.pdf September 2014 Bank for International Settlements: BCBS Publications 289 http://www.bis.org/bcbs/implementation/l2_ca.pdf "Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Canada", June 2014 Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Canada 2014-06-13T13:00:00Z 253 kb Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Canada, June 2014 Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Canada 2014-06-13T13:00:00Z BIS implementation Basel III level 2 RCAP capital regime Canada June 2014 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs283.htm This Basel Committee on Banking Supervision standard sets out a supervisory framework for measuring and controlling large exposures. The framework is scheduled to take effect from 1 January 2019 and will supersede the Committee's 1991 standard on this topic. Since publication of the original standard, the financial system has changed dramatically. While many jurisdictions modelled their national rules after the Committee's 1991 guidance, there have been inconsistent results across jurisdictions due to differences in measures of exposure, measures of capital and numerical limits. The revised framework will help ensure a common minimum standard for measuring, aggregating and controlling single name concentration risk across jurisdictions. Supervisory framework for measuring and controlling large exposures - final standard 2014-04-15T09:55:00Z This Basel Committee on Banking Supervision standard sets out a supervisory framework for measuring and controlling large exposures. The framework is scheduled to take effect from 1 January 2019 and will supersede the Committee's 1991 standard on this topic. Since publication of the original standard, the financial system has changed dramatically. While many jurisdictions modelled their national rules after the Committee's 1991 guidance, there have been inconsistent results across jurisdictions due to differences in measures of exposure, measures of capital and numerical limits. The revised framework will help ensure a common minimum standard for measuring, aggregating and controlling single name concentration risk across jurisdictions. Supervisory framework for measuring and controlling large exposures - final standard 2014-04-15T09:55:00Z BIS risk exposures large exposures risk concentrations concentration risk connected counterparties PDF version http://www.bis.org/publ/bcbs283.pdf April 2014 Bank for International Settlements: BCBS Publications 283 http://www.bis.org/publ/bcbs282.htm Abstract of "Capital requirements for bank exposures to central counterparties - final standard", April 2014. The Basel Committee completed its work on the capital treatment of bank exposures to central counterparties, following a collaborative effort between the BCBS, the CPSS, and IOSCO to improve upon the interim capital requirements that were published in July 2012. The final standard will take effect on 1 January 2017. The interim requirements will continue to apply until that time. The final standard differs from the interim requirements by: ... Capital requirements for bank exposures to central counterparties - final standard 2014-04-10T08:00:00Z The Basel Committee completed its work on the capital treatment of bank exposures to central counterparties, following a collaborative effort between the BCBS, the Committee on Payment and Settlement Systems (CPSS), and the International Organization of Securities Commissions (IOSCO) to improve upon the interim capital requirements that were published in July 2012. The final standard will take effect on 1 January 2017. The interim requirements will continue to apply until that time. The final standard differs from the interim requirements by: including a single approach for calculating capital requirements for a bank's exposure that arises from its contributions to the mutualised default fund of a qualifying CCP (QCCP); employing the standardised approach for counterparty credit risk (as opposed to the Current Exposure Method) to measure the hypothetical capital requirement of a CCP; including an explicit cap on the capital charges applicable to a bank's exposures to a QCCP; specifying how to treat multi-level client structures whereby an institution clears its trades through intermediaries linked to a CCP; and incorporating responses to frequently asked questions posed to the Basel Committee in the course of its work on the final standard. Capital requirements for bank exposures to central counterparties - final standard 2014-04-10T08:00:00Z BIS capital CCPs PDF version http://www.bis.org/publ/bcbs282.pdf April 2014 Bank for International Settlements: BCBS Publications 282 http://www.bis.org/publ/bcbs279.htm Abstract of "The standardised approach for measuring counterparty credit risk exposures - final document", March 2014 The Basel Committee's final standard on "The standardised approach for measuring counterparty credit risk exposures" includes a comprehensive, non-modelled approach for measuring counterparty credit risk associated with OTC derivatives, exchange-traded derivatives, and long settlement transactions. The new standardised approach (SA-CCR) replaces both the Current Exposure Method (CEM) and the Standardised Method (SM) in the capital adequacy framework. In addition, the IMM shortcut method will be eliminated from the framework once the SA-CCR takes effect, which is scheduled for 1 January 2017. The standardised approach for measuring counterparty credit risk exposures 2014-03-31T09:00:00Z The Basel Committee's final standard on "The standardised approach for measuring counterparty credit risk exposures" includes a comprehensive, non-modelled approach for measuring counterparty credit risk associated with OTC derivatives, exchange-traded derivatives, and long settlement transactions. The new standardised approach (SA-CCR) replaces both the Current Exposure Method (CEM) and the Standardised Method (SM) in the capital adequacy framework. In addition, the IMM shortcut method will be eliminated from the framework once the SA-CCR takes effect, which is scheduled for 1 January 2017. The standardised approach for measuring counterparty credit risk exposures 2014-03-31T09:00:00Z BIS OTC derivatives counterparty credit risk exposure at default standardised method current exposure method CEM potential future exposure EAD IMM shortcut method SA-CCR exchange-traded derivatives SM long settlement transations NIMM non-internal model method replacement cost PDF version http://www.bis.org/publ/bcbs279.pdf March 2014 Bank for International Settlements: BCBS Publications 279 http://www.bis.org/bcbs/implementation/l2_au.pdf Abstract of "Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Australia", March 2014 Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Australia 2014-03-17T09:00:00Z 695 kb Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Australia, March 2014 Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Australia 2014-03-17T09:00:00Z BIS implementation Basel III level 2 RCAP capital regime Australia March 2014 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs278.htm Abstract of "Results of the Basel III monitoring exercise as of 30 June 2013", March 2014. This report presents the results of the Basel Committee's Basel III monitoring exercise. The study is based on the rigorous reporting processes set up by the Committee to periodically review the implications of the Basel III standards for financial markets. Results of the Basel III monitoring exercise as of 30 June 2013 2014-03-06T10:00:00Z This report presents the results of the Basel Committee's Basel III monitoring exercise. The study is based on the rigorous reporting processes set up by the Committee to periodically review the implications of the Basel III standards for financial markets. The results of previous exercises in this series were published in September 2013, March 2013, September 2012 and April 2012. A total of 227 banks participated in the current study, comprising 102 large internationally active banks ("Group 1 banks", defined as internationally active banks that have Tier 1 capital of more than €3 billion) and 125 Group 2 banks (ie representative of all other banks). Results of the Basel III monitoring exercise as of 30 June 2013 2014-03-06T10:00:00Z BIS Monitoring QIS basel iii impact PDF version http://www.bis.org/publ/bcbs278.pdf March 2014 Bank for International Settlements: BCBS Publications 278 http://www.bis.org/publ/bcbs277.htm Abstract of "A Sound Capital Planning Process: Fundamental Elements", January 2014 The Basel Committee has issued these sound practices to foster overall improvement in banks' capital planning practices. Indeed, an important lesson from the financial crisis concerned the need for banks to improve and strengthen their capital planning. Some of the observed ... A sound capital planning process: fundamental elements 2014-01-23T10:00:00Z The Basel Committee has issued these sound practices to foster overall improvement in banks' capital planning practices. Indeed, an important lesson from the financial crisis concerned the need for banks to improve and strengthen their capital planning. Some of the observed weaknesses reflected processes that were not sufficiently comprehensive, appropriately forward-looking or adequately formalised. As a consequence, some banks underestimated the risks inherent in their business strategies and, in turn, misjudged their capital needs. A sound capital planning process: fundamental elements 2014-01-23T10:00:00Z BIS Stress testing Pillar 2 governance Capital policy ICCAP Risk capture Pillar II Internal control PDF version http://www.bis.org/publ/bcbs277.pdf January 2014 Bank for International Settlements: BCBS Publications 277 http://www.bis.org/publ/bcbs270.htm Abstract of "Revised Basel III leverage ratio framework and disclosure requirements - final document", January 2014 A simple leverage ratio framework is critical and complementary to the risk-based capital framework that will help ensure broad and adequate capture of both the on- and off-balance sheet sources of banks' leverage. This simple, non-risk based "backstop" measure will ... Basel III leverage ratio framework and disclosure requirements 2014-01-12T16:50:00Z The Basel Committee has issued the full text of Basel III's leverage ratio framework and disclosure requirements following endorsement on 12 January 2014 by its governing body, the Group of Central Bank Governors and Heads of Supervision (GHOS). A simple leverage ratio framework is critical and complementary to the risk-based capital framework that will help ensure broad and adequate capture of both the on- and off-balance sheet sources of banks' leverage. This simple, non-risk based "backstop" measure will restrict the build-up of excessive leverage in the banking sector to avoid destabilising deleveraging processes that can damage the broader financial system and the economy. Basel III leverage ratio framework and disclosure requirements 2014-01-12T16:50:00Z BIS capital adequacy regulatory capital Basel III PDF version http://www.bis.org/publ/bcbs270.pdf January 2014 Bank for International Settlements: BCBS Publications 270 http://www.bis.org/publ/bcbs266.htm Abstract of "Capital requirements for banks' equity investments in funds - final standard", December 2013 The Basel Committee on Banking Supervision has revised its policy framework for the prudential treatment of banks' investments in the equity of funds that are held in the banking book. The revised policy framework will take effect from 1 January 2017 and will apply to investments in all types of funds (eg hedge funds, managed funds, investment funds). The framework will be applicable to all banks, irrespective of whether they apply the Basel framework's Standardised Approach or an Internal Ratings-Based (IRB) approach for credit risk. Capital requirements for banks' equity investments in funds - final standard 2013-12-13T09:00:00Z The Basel Committee on Banking Supervision has revised its policy framework for the prudential treatment of banks' investments in the equity of funds that are held in the banking book. The revised policy framework will take effect from 1 January 2017 and will apply to investments in all types of funds (eg hedge funds, managed funds, investment funds). The framework will be applicable to all banks, irrespective of whether they apply the Basel framework's Standardised Approach or an Internal Ratings-Based (IRB) approach for credit risk. Capital requirements for banks' equity investments in funds - final standard 2013-12-13T09:00:00Z BIS shadow banking Mandate-based approach Fall-back approach Look-through approach FBA LTA MBA PDF version http://www.bis.org/publ/bcbs266.pdf December 2013 Bank for International Settlements: BCBS Publications 266 http://www.bis.org/bcbs/implementation/l2_br.pdf Abstract of "Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Brazil ", December 2013 Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Brazil 2013-12-10T11:00:00Z 517 kb Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Brazil, December 2013 Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III regulations in Brazil 2013-12-10T11:00:00Z BIS Basel III level 2 RCAP capital regime Brazil December 2013 Bank for International Settlements: BCBS Publications