Basel III implementation: Basel Committee reports to G20 Leaders

4 July 2017

Press release

The Basel Committee on Banking Supervision has today published a report for the G20 Leaders at their Summit in Hamburg on 7-8 July. The report is an update on the implementation of Basel III regulatory reforms since the Committee's last progress report to G20 Leaders in August 2016.

Overall, further progress has been made in implementing Basel III standards. The implementation of capital and liquidity standards has generally been timely and consistent, and banks continue to build higher and better capital and liquidity buffers.

Member jurisdictions continue their efforts to implement other Basel III standards, with good progress in some areas, such as margin requirements for non-centrally cleared derivatives and the Net Stable Funding Ratio (NSFR). However, there are challenges in other areas, such as the standardised approach for measuring counterparty credit risk (SA-CCR) and capital requirements for exposures to central counterparties (CCPs).