http://www.bis.org/list/bcbs/tid_22/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. Basel II 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/d299.htm Abstract of "Implementation of Basel standards", November 2014. Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internationally active banks. This report updates G20 Leaders on progress in the implementation of the Basel III regulatory reforms since the Basel Committee on Banking Supervision issued its August 2013 report. The report provides an update on the steps taken by Basel Committee member jurisdiction to adopt the Basel III standards and the banks' progress in bolstering their capital and liquidity positions. The report also highlights specific implementation-related challenges that are surfacing. Implementation of Basel standards 2014-11-12T11:01:00Z Abstract of "Implementation of Basel standards", November 2014. Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internationally active banks. This report updates G20 Leaders on progress in the implementation of the Basel III regulatory reforms since the Basel Committee on Banking Supervision issued its August 2013 report. The report provides an update on the steps taken by Basel Committee member jurisdiction to adopt the Basel III standards and the banks' progress in bolstering their capital and liquidity positions. The report also highlights specific implementation-related challenges that are surfacing. Implementation of Basel standards 2014-11-12T11:01:00Z BIS G20 Compliance level 1 level 2 level 2 assessments RCAP Regulatory Consistency Assessment Programme PDF version http://www.bis.org/bcbs/publ/d299.pdf November 2014 Bank for International Settlements: BCBS Publications 299 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/bcbs290.htm Abstract of "Seventh progress report on adoption of the Basel regulatory framework", October 2014: This report sets 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. It updates the Committee's previous progress reports, which have been published on a semiannual basis since October 2011. Seventh progress report on adoption of the Basel regulatory framework 2014-10-03T09:00:00Z Abstract of "Seventh progress report on adoption of the Basel regulatory framework", October 2014: This report sets 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. It updates the Committee's previous progress reports, which have been published on a semiannual basis since October 2011. Seventh progress report on adoption of the Basel regulatory framework 2014-10-03T09:00:00Z BIS G20 Compliance level 1 level 2 level 2 assessments RCAP Regulatory Consistency Assessment Programme PDF version http://www.bis.org/publ/bcbs290.pdf October 2014 Bank for International Settlements: BCBS Publications 290 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/bcbs281.htm Abstract of "Progress report on implementation of the Basel regulatory framework", April 2014: This updated Progress report on implementation of the Basel regulatory framework provides a high-level view of Basel Committee members' progress in adopting Basel II, Basel 2.5 and Basel III, as of end March 2014. Progress report on implementation of the Basel regulatory framework 2014-04-07T13:00:00Z Abstract of "Progress report on implementation of the Basel regulatory framework", April 2014: This updated Progress report on implementation of the Basel regulatory framework provides a high-level view of Basel Committee members' progress in adopting Basel II, Basel 2.5 and Basel III, as of end March 2014. It focuses on the status of domestic rule-making processes to ensure that the Committee's capital standards are transformed into national law or regulation according to the internationally agreed timeframes. The Committee believes that disclosure will provide additional incentive for members to fully comply with the international agreements. Progress report on implementation of the Basel regulatory framework 2014-04-07T13:00:00Z BIS G20 Compliance level 1 level 2 level 2 assessments RCAP Regulatory Consistency Assessment Programme PDF version http://www.bis.org/publ/bcbs281.pdf April 2014 Bank for International Settlements: BCBS Publications 281 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/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/publ/bcbs265.htm Abstract of "Fundamental review of the trading book - second consultative document", October 2013 The Basel Committee on Banking Supervision has today issued a second consultative paper on the fundamental review of capital requirements for the trading book. The paper comprises a detailed set of proposals for a comprehensive revision of the market risk framework. This initiative forms part of the Committee's broader agenda to reform regulatory standards for banks in response to the financial crisis. Fundamental review of the trading book - second consultative document 2013-10-31T10:00:00Z Basel Committee's Fundamental review of the trading book - second consultative document The Basel Committee on Banking Supervision has today issued a second consultative paper on the fundamental review of capital requirements for the trading book. The paper comprises a detailed set of proposals for a comprehensive revision of the market risk framework. This initiative forms part of the Committee's broader agenda to reform regulatory standards for banks in response to the financial crisis. Fundamental review of the trading book - second consultative document 2013-10-31T10:00:00Z BIS market risk Trading Book Basel III Basel 2.5 Basel II.5 PDF version http://www.bis.org/publ/bcbs265.pdf October 2013 Bank for International Settlements: BCBS Publications 265 http://www.bis.org/publ/bcbs263.htm Abstract of "Progress report on implementation of the Basel regulatory framework", October 2013 Progress report on implementation of the Basel regulatory framework 2013-10-09T08:00:00Z This updated Progress report on implementation of the Basel regulatory framework provides a high-level view of Basel Committee members' progress in adopting Basel II, Basel 2.5 and Basel III, as of end September 2013. Progress report on implementation of the Basel regulatory framework 2013-10-09T08:00:00Z BIS G20 Compliance level 1 level 2 level 2 assessments RCAP Regulatory Consistency Assessment Programme PDF version http://www.bis.org/publ/bcbs263.pdf October 2013 Bank for International Settlements: BCBS Publications 247 http://www.bis.org/publ/bcbs260.htm Abstract of "Report to G20 Leaders on monitoring implementation of Basel III regulatory reforms", August 2013 Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internationally active banks. This report updates G20 Leaders on progress in adopting the Basel III regulatory reforms since the Basel Committee on Banking Supervision issued its April 2013 report... Report to G20 Leaders on monitoring implementation of Basel III regulatory reforms 2013-08-27T08:00:00Z Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internationally active banks. This report updates G20 Leaders on progress in adopting the Basel III regulatory reforms since the Basel Committee on Banking Supervision issued its April 2013 report... Report to G20 Leaders on monitoring implementation of Basel III regulatory reforms 2013-08-27T08:00:00Z BIS peer review level 1 level 2 level 3 RCAP PDF version http://www.bis.org/publ/bcbs260.pdf August 2013 Bank for International Settlements: BCBS Publications 260 http://www.bis.org/publ/bcbs258.htm Abstract of "The regulatory framework: balancing risk sensitivity, simplicity and comparability - discussion paper", July 2013 The Basel Committee on Banking Supervision today released a Discussion Paper to initiate discussion on the topic of balancing risk sensitivity, simplicity and comparability within the Basel capital standards. The Basel Committee, in response to the financial crisis that began in 2007, introduced a number of reforms to substantially raise the resilience of the financial system to shocks. While some of these measures strengthen the bank capital adequacy framework itself, others are designed to ... The regulatory framework: balancing risk sensitivity, simplicity and comparability - discussion paper 2013-07-08T10:00:00Z The Basel Committee on Banking Supervision today released a Discussion Paper to initiate discussion on the topic of balancing risk sensitivity, simplicity and comparability within the Basel capital standards. The Basel Committee, in response to the financial crisis that began in 2007, introduced a number of reforms to substantially raise the resilience of the financial system to shocks. While some of these measures strengthen the bank capital adequacy framework itself, others are designed to complement it in ensuring the soundness of banks. These measures include the introduction of a leverage ratio, an additional capital surcharge for global systemically important banks (G-SIBs), a proposed framework for measuring and controlling large exposures, and minimum liquidity and funding standards. The Committee has also introduced a comprehensive regulatory consistency assessment programme with a view to ensuring consistent implementation of Basel III across banks and jurisdictions. The regulatory framework: balancing risk sensitivity, simplicity and comparability - discussion paper 2013-07-08T10:00:00Z BIS complexity Task Force on Simplicity and Comparability risk sensitivity PDF version http://www.bis.org/publ/bcbs258.pdf July 2013 Bank for International Settlements: BCBS Publications 258 http://www.bis.org/publ/bcbs256.htm Abstract of "Regulatory Consistency Assessment Programme (RCAP) - Analysis of risk-weighted asets for credit risk in the banking book", July 2013 This report presents the findings of the Committee's initial analysis of RWA outcomes for banks that have adopted the IRB approach for credit risk in the banking book. It complements the preliminary findings for RWAs in the trading book published by the Committee in January 2013 and the on-going work on RWAs for operational risk. Collectively, these findings on RWA variations will inform ... Regulatory consistency assessment programme (RCAP) - Analysis of risk-weighted assets for credit risk in the banking book 2013-07-05T21:00:00Z This report presents the findings of the Committee's initial analysis of RWA outcomes for banks that have adopted the IRB approach for credit risk in the banking book. It complements the preliminary findings for RWAs in the trading book published by the Committee in January 2013 and the on-going work on RWAs for operational risk. Collectively, these findings on RWA variations will inform other work streams of the Committee including how to increase the robustness of the risk-based capital framework and the fundamental review of prudential requirements for the trading book. Regulatory consistency assessment programme (RCAP) - Analysis of risk-weighted assets for credit risk in the banking book 2013-07-05T21:00:00Z BIS Banking book RWA Basel III RCAP test portfolio exercise SIGBB PDF version http://www.bis.org/publ/bcbs256.pdf July 2013 Bank for International Settlements: BCBS Publications 256 http://www.bis.org/publ/bcbs257.htm Abstract of "Capital requirements for banks' equity investments in funds - consultative document", July 2013 The Basel Committee on Banking Supervision today published a set of proposals that would revise the prudential treatment of banks' equity investments in funds. The Basel II framework outlines the current treatment of banks' equity investments in funds under the Standardised Approach and the Internal Ratings-Based (IRB) approaches for credit risk and the Committee believes that the existing standard would benefit from further ... Capital requirements for banks' equity investments in funds - consultative document 2013-07-05T09:10:00Z The Basel Committee on Banking Supervision today published a set of proposals that would revise the prudential treatment of banks' equity investments in funds. The Basel II framework outlines the current treatment of banks' equity investments in funds under the Standardised Approach and the Internal Ratings-Based (IRB) approaches for credit risk and the Committee believes that the existing standard would benefit from further clarity in some areas. In addition, it does not require banks to reflect a fund's leverage when determining capital requirements associated with their investments in a fund, even though leverage is an important risk driver. In reviewing the existing Basel II standard for banks' equity investments in funds, the Committee's objective was to develop an appropriately risk sensitive and consistently applied risk-based capital regime. The Committee believes the revised standard will more appropriately reflect the risk of a fund's underlying investments and its leverage. Capital requirements for banks' equity investments in funds - consultative document 2013-07-05T09:10:00Z BIS Basel III shadow banking PDF version http://www.bis.org/publ/bcbs257.pdf July 2013 Bank for International Settlements: BCBS Publications 257 http://www.bis.org/publ/bcbs249.htm Abstract of "Report to G20 Finance Ministers and Central Bank Governors on monitoring implementation of Basel III regulatory reform", April 2013 Report to G20 Finance Ministers and Central Bank Governors on monitoring implementation of Basel III regulatory reform 2013-04-12T08:00:00Z Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internationally active banks. This report updates G20 Finance Ministers and Central Bank Governors on progress in adoption of the Basel III regulatory reforms since the Basel Committee on Banking Supervision issued its October 2012 report. The scope of this update is broader than previous progress reports to the G20. In addition to reporting on the steps taken by Basel Committee member jurisdictions towards implementing the Basel III capital standards, which was the focus of the last report, this update also covers developments in other Basel III regulatory standards, and banks' progress in bolstering their capital bases. The report also highlights specific implementation-related shortcomings that are surfacing, which require continued policy and operational attention. Report to G20 Finance Ministers and Central Bank Governors on monitoring implementation of Basel III regulatory reform 2013-04-12T08:00:00Z BIS peer review level 1 level 2 level 3 RCAP PDF version http://www.bis.org/publ/bcbs249.pdf April 2013 Bank for International Settlements: BCBS Publications 249