Past & future changes to the Basel Framework

Browse changes to chapters below or use the time traveller link ( ) to view the framework as it was or will be on the date the below changes became or will become effective.

Paragraph CRE20.4(2) amended to remove reference to transitional provisions that expire by 1 January 2028 (as announced on 27 March 2020). Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

Paragraph CRE20.4(2) amended to remove reference to transitional provisions that expire by 1 January 2028 (as announced on 27 March 2020).

Paragraph CRE20.4(2) amended to remove reference to transitional provisions that expire by 1 January 2027.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020 and the technical amendments announced on 1 July 2021.

Updated Excel format tables to take account of DIS26 becoming effective, changes to DIS40, changes set out in the December 2018 Pillar 3 disclosure publication, the revised implementation date announced on 27 March 2020 and updated cross references due to the introduction of CRE45 announced on 26 November 2020.

Changes to output floor and approaches available to calculate credit and operational risk capital requirements, as set out in the December 2017 Basel III publication, including revised implementation date announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

First version in the format of the consolidated framework, updated to take account of new implementation date as announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

The 1.06 scaling factor has been removed to reflect its removal in the December 2017 publication of Basel III. The simple, transparent and comparable criteria related to credit risk of underlying exposures has been adapted to reflect the credit risk asset classes as defined in the December 2017 Basel III standardised approach for credit risk. The revised implementation date is as announced on 27 March 2020. A reference to the treatment of exposures to securitisations of non-performing loans (CRE45) is introduced in CRE40.48.

First version in the format of the consolidated framework updated to take account of the revised implementation date announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

First version in the format of the consolidated framework, introduced to give effect to the treatment of exposures to securitisations of non-performing loans published on 26 November 2020.

Changes to give effect to the target revisions to the CVA framework published on the 8 July 2020.

Updated to include the following FAQs: OPE25.18 FAQ3, OPE25.29 FAQ1 and OPE25.30 FAQ2.

Updated to include the following FAQ: MAR31.13 FAQ2.

Updated to include the following FAQ: MAR33.5 FAQ4.

Updated to include the following FAQ: CRE52.51 FAQ2.

Updated to include the following FAQ: CRE53.24 FAQ4.

Reflects revisions in the standardised and internal models approach for market risk, including the shift to an expected shortfall measure. Also reflects the revised implementation date announced on 27 March 2020.

Reflects revised standardised approach introduced in the December 2017 Basel III publication (including the revised implementation date announced on 27 March 20200) and removal of internal model approaches.

Reflects revised standardised approach introduced in the December 2017 Basel III publication (including the revised implementation date announced on 27 March 20200) and removal of internal model approaches.

Cross references to LEX30 updated.

Updated Excel format tables to take account of DIS26 becoming effective, changes to DIS40, changes set out in the December 2018 Pillar 3 disclosure publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework updated to take account of the revised implementation date announced on 27 March 2020.

Changes to output floor and approaches available to calculate credit and operational risk capital requirements, as set out in the December 2017 Basel III publication, including revised implementation date announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Introduces a revised approach based on expanded use of sensitivities as set out in the January 2019 market risk publication and updated to take account of the revised implementation date announced on 27 March 2020.

Calculation frequency specified for reporting and disclosure purposes. Also takes account of the revised implementation date announced on 27 March 2020.

Updated to include the disclosure of: (i) leverage and capital ratios that exclude the output floor in the computation of RWA (Template KM1); and (ii) the level of the output floor and the resultant floor adjustment (Template OV1). Updated to take account of new implementation date as announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of new implementation date as announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020. 

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

New standardised approach as set out in the December 2017 Basel III publication and revised implementation date announced on 27 March 2020.

Updated to take account of the January 2019 market risk publication and the revised implementation date announced on 27 March 2020.

Updated to include disclosure requirements for G-SIBs and the new implementation date announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

More rigorous model approval process that enables supervisors to remove internal modelling permission for individual trading desks. Updated to take account of the revised implementation date announced on 27 March 2020.

Refinements particularly affecting derivatives and off-balance-sheet exposures and a national discretion on the treatment of central bank reserves, as set out in the December 2017 publication of Basel III and the June 2019 publication on client cleared derivatives. Takes account of the revised implementation date announced on 27 March 2020.

Reflects changes in market risk requirements published January 2017 and the revised implementation date announced on 27 March 2020.

Changes due to December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of new implementation date as announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication, including the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

Updated to reflect changes in market risk standards published in January 2019, including the revised implementation date announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

The 1.06 scaling factor has been removed to reflect its removal in the December 2017 publication of Basel III. The simple, transparent and comparable criteria related to credit risk of underlying exposures has been adapted to reflect the credit risk asset classes as defined in the December 2017 Basel III standardised approach for credit risk. The revised implementation date is as announced on 27 March 2020.

First version in the format of the consolidated framework updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, reflects the requirements introduced in the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Updated to include additional disclosure requirements related to the prudential treatment of problem assets (Table CRB-A), updated cross references and other changes to take account of changes in the credit risk standard in the December 2017 Basel III publication. Reflects revised implementation date announced on 27 March 2020.

Removes the CVA template (CCR2), which is now specified in a separate chapter (DIS51). Updated to take account of new implementation date as announced on 27 March 2020.

References have been updated and the 1.06 scaling factor has been removed to reflect its removal in the December 2017 publication of Basel III. Chapter reflects the revised implementation date announced on 27 March 2020.

New framework that is more risk-sensitive, more robust and consistent with revisions to the market risk requirements, updated to take account of the revised implementation date announced on 27 March 2020.

Reflects change in underlying market risk capital requirements published in January 2019. Updated to take account of new implementation date as announced on 27 March 2020.

Changes to introduce minimum haircut floors, as set out in the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework. Updated to take account of new implementation date as announced on 27 March 2020.

Cross reference in FAQ1 of CRE52.10 updated to account of the new credit risk rules coming into effect in CRE22 and the revised implementation date announced on 27 March 2020.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Cross references updated and references to own estimates of haircuts deleted to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework updated to take account of the revised implementation date announced on 27 March 2020.

Consequential changes resulting from changes to scope of internal ratings-based approach for credit risk that come into effect due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Updated to take account of the new standardised approach to operational risk introduced in the December 2017 Basel III publication. Updated to take account of new implementation date as announced on 27 March 2020.

Updated to take account of the revised leverage ratio exposure definition that was introduced in the December 2017 Basel III publication. Updated to take account of new implementation date as announced on 27 March 2020.

Implementation date changed to 1 January 2023 and output floor phase-in arrangements updated as announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework. Sets out the transitional arrangements for the G-SIB leverage ratio buffer introduced in the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Updated to include new terminology introduced in the December 2017 Basel III publication with revised implementation date announced on 27 March 2020.

Updated cross references and illustrative examples to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Reflects revisions to internal models approach and updated to take account of the revised implementation date announced on 27 March 2020.

Reflects revisions in the standardised and internal models approach for market risk, including the shift to an expected shortfall measure.

Cross references updated to take account of the revised standards that come into effect due to the December 2017 Basel III publication.

Reflects revised standardised approach introduced in the December 2017 Basel III publication and removal of internal model approaches.

Cross references to LEX30 updated.

Updated Excel format tables to take account of the changes set out in the December 2018 Pillar 3 disclosure publication.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

Calculation frequency specified for reporting and disclosure purposes.

Updated to include the disclosure of: (i) leverage and capital ratios that exclude the output floor in the computation of RWA (Template KM1); and (ii) the level of the output floor and the resultant floor adjustment (Template OV1).

Changes due to the December 2017 Basel III publication.

Changes to output floor and approaches available to calculate credit and operational risk capital requirements, as set out in the December 2017 Basel III publication.

Introduces a revised approach based on expanded use of sensitivities as set out in the January 2019 market risk publication.

First version in the format of the consolidated framework.

Changes due to the December 2017 Basel III publication.

First version in the format of the consolidated framework.

Changes due to the December 2017 Basel III publication.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

New standardised approach as set out in the December 2017 Basel III publication.

Updated to take account of the January 2019 market risk publication. Provides more objective boundary aims to reduce incentives to arbitrage between the regulatory banking and trading books, while still being aligned with banks' risk management practices.

Updated to include disclosure requirements for G-SIBs.

Changes due to the December 2017 Basel III publication.

Reflects changes in market risk requirements.

More rigorous model approval process that enables supervisors to remove internal modelling permission for individual trading desks.

Refinements particularly affecting derivatives and off-balance-sheet exposures and a national discretion on the treatment of central bank reserves, as set out in the December 2017 publication of Basel III and the June 2019 publication on client cleared derivatives.

Changes due to December 2017 Basel III publication.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

Changes due to the December 2017 Basel III publication.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication.

First version in the format of the consolidated framework.

Updated to reflect changes in Pillar 1 market risk standards.

Changes due to the December 2017 Basel III publication.

Changes due to the December 2017 Basel III publication.

Changes due to the December 2017 Basel III publication.

The 1.06 scaling factor has been removed to reflect its removal in the December 2017 publication of Basel III. The simple, transparent and comparable criteria related to credit risk of underlying exposures has been adapted to reflect the credit risk asset classes as defined in the December 2017 Basel III standardised approach for credit risk.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

Updated cross references and other changes to take account of changes in the credit risk standard in the December 2017 Basel III publication.

Removes the CVA template (CCR2), which is now specified in a separate chapter (DIS51).

References have been updated and the 1.06 scaling factor has been removed to reflect its removal in the December 2017 publication of Basel III. 

New framework that is more risk-sensitive, more robust and consistent with revisions to the market risk requirements.

Reflects change in underlying market risk capital requirements published in January 2019.

Changes to introduce minimum haircut floors, as set out in the December 2017 Basel III publication.

First version in the format of the consolidated framework.

Cross reference in FAQ1 of CRE52.10 updated to account of the new credit risk rules coming into effect in CRE22.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication.

Cross references updated and references to own estimates of haircuts deleted to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication.

First version in the format of the consolidated framework.

Consequential changes resulting from changes to scope of internal ratings-based approach for credit risk that come into effect due to the December 2017 Basel III publication.

Updated to take account of the new standardised approach to operational risk introduced in the December 2017 Basel III publication.

Updated to take account of the revised leverage ratio exposure definition that was introduced in the December 2017 Basel III publication.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

Updated to include new terminology introduced in the December 2017 Basel III publication.

Updated cross references and illustrative examples to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication.

Reflects revisions to internal models approach.

Methodology updated to give effect to the changes to the G-SIB framework published in July 2018.

Updated Excel format tables to take account of DIS26 becoming effective and changes to DIS40.

First version in the format of the consolidated framework.

Updated to include additional disclosure requirements related to the prudential treatment of problem assets (Table CRB-A).

Amended transitional arrangements for the regulatory capital treatment of ECL accounting as set out in the 3 April 2020 publication.

MGN90 Transition

Transitional arrangements updated to reflect 3 April 2020 publication by BCBS and IOSCO.

Updated to include the following FAQs: CAP10.11 FAQ24 and CAP10.16 FAQ10.

Updated to include the following FAQ: LCR30.1 FAQ1.

Updated to include the following FAQ: CRE52.51 FAQ2.

Updated to include the following FAQ: CRE53.24 FAQ4.

Updated the out of force date to 31 Dec 2022, given the revised implementation date of Basel III announced on 27 March 2020.

Updated the out of force date to 31 Dec 2022, given the revised implementation date of Basel III announced on 27 March 2020.

Updated the out of force date to 31 Dec 2022, given the revised implementation date of Basel III announced on 27 March 2020.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in format of consolidated framework.

SCO10 Introduction

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in format of consolidated framework.

First version in the format of the consolidated framework.

MGN20 Requirements

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

LEV20 Calculation

First version in the format of the consolidated framework.

LCR20 Calculation

First version in format of consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

LEX20 Requirements

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

SRP32 Credit risk

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

SRP33 Market risk

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

DIS35 Remuneration

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

DIS40 Credit risk

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

DIS50 Market risk

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

DIS85 Liquidity

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

LCR90 Transition

First version in format of consolidated framework.

SRP90 Transition

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in format of consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework. 

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020 and the technical amendments announced on 1 July 2021.

Paragraph CRE20.4(2) amended to remove reference to transitional provisions that expire by 1 January 2028 (as announced on 27 March 2020). Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

Updated Excel format tables to take account of DIS26 becoming effective, changes to DIS40, changes set out in the December 2018 Pillar 3 disclosure publication, the revised implementation date announced on 27 March 2020 and updated cross references due to the introduction of CRE45 announced on 26 November 2020.

Changes to output floor and approaches available to calculate credit and operational risk capital requirements, as set out in the December 2017 Basel III publication, including revised implementation date announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

First version in the format of the consolidated framework, updated to take account of new implementation date as announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

The 1.06 scaling factor has been removed to reflect its removal in the December 2017 publication of Basel III. The simple, transparent and comparable criteria related to credit risk of underlying exposures has been adapted to reflect the credit risk asset classes as defined in the December 2017 Basel III standardised approach for credit risk. The revised implementation date is as announced on 27 March 2020. A reference to the treatment of exposures to securitisations of non-performing loans (CRE45) is introduced in CRE40.48.

First version in the format of the consolidated framework updated to take account of the revised implementation date announced on 27 March 2020. Also, cross references to the securitisation chapters updated to include a reference to the chapter on NPL securitisations (CRE45) published on 26 November 2020.

First version in the format of the consolidated framework, introduced to give effect to the treatment of exposures to securitisations of non-performing loans published on 26 November 2020.

Changes to give effect to the target revisions to the CVA framework published on the 8 July 2020.

Updated to include the following FAQs: OPE25.18 FAQ3, OPE25.29 FAQ1 and OPE25.30 FAQ2.

Updated to include the following FAQ: MAR31.13 FAQ2.

Updated to include the following FAQ: MAR33.5 FAQ4.

Updated to include the following FAQ: CRE52.51 FAQ2.

Updated to include the following FAQ: CRE53.24 FAQ4.

Updated to include the following FAQs: CAP10.11 FAQ24 and CAP10.16 FAQ10.

Updated to include the following FAQ: LCR30.1 FAQ1.

Updated to include the following FAQ: CRE52.51 FAQ2.

Updated to include the following FAQ: CRE53.24 FAQ4.

Amended transitional arrangements for the regulatory capital treatment of ECL accounting as set out in the 3 April 2020 publication.

MGN90 Transition

Transitional arrangements updated to reflect 3 April 2020 publication by BCBS and IOSCO.

Paragraph CRE20.4(2) amended to remove reference to transitional provisions that expire by 1 January 2028 (as announced on 27 March 2020).

Reflects revisions in the standardised and internal models approach for market risk, including the shift to an expected shortfall measure. Also reflects the revised implementation date announced on 27 March 2020.

Reflects revised standardised approach introduced in the December 2017 Basel III publication (including the revised implementation date announced on 27 March 20200) and removal of internal model approaches.

Reflects revised standardised approach introduced in the December 2017 Basel III publication (including the revised implementation date announced on 27 March 20200) and removal of internal model approaches.

Cross references to LEX30 updated.

Updated Excel format tables to take account of DIS26 becoming effective, changes to DIS40, changes set out in the December 2018 Pillar 3 disclosure publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework updated to take account of the revised implementation date announced on 27 March 2020.

Changes to output floor and approaches available to calculate credit and operational risk capital requirements, as set out in the December 2017 Basel III publication, including revised implementation date announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Introduces a revised approach based on expanded use of sensitivities as set out in the January 2019 market risk publication and updated to take account of the revised implementation date announced on 27 March 2020.

Calculation frequency specified for reporting and disclosure purposes. Also takes account of the revised implementation date announced on 27 March 2020.

Updated to include the disclosure of: (i) leverage and capital ratios that exclude the output floor in the computation of RWA (Template KM1); and (ii) the level of the output floor and the resultant floor adjustment (Template OV1). Updated to take account of new implementation date as announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of new implementation date as announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020. 

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

New standardised approach as set out in the December 2017 Basel III publication and revised implementation date announced on 27 March 2020.

Updated to take account of the January 2019 market risk publication and the revised implementation date announced on 27 March 2020.

Updated to include disclosure requirements for G-SIBs and the new implementation date announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

More rigorous model approval process that enables supervisors to remove internal modelling permission for individual trading desks. Updated to take account of the revised implementation date announced on 27 March 2020.

Refinements particularly affecting derivatives and off-balance-sheet exposures and a national discretion on the treatment of central bank reserves, as set out in the December 2017 publication of Basel III and the June 2019 publication on client cleared derivatives. Takes account of the revised implementation date announced on 27 March 2020.

Reflects changes in market risk requirements published January 2017 and the revised implementation date announced on 27 March 2020.

Changes due to December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of new implementation date as announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication, including the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

Updated to reflect changes in market risk standards published in January 2019, including the revised implementation date announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Changes due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

The 1.06 scaling factor has been removed to reflect its removal in the December 2017 publication of Basel III. The simple, transparent and comparable criteria related to credit risk of underlying exposures has been adapted to reflect the credit risk asset classes as defined in the December 2017 Basel III standardised approach for credit risk. The revised implementation date is as announced on 27 March 2020.

First version in the format of the consolidated framework updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, reflects the requirements introduced in the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Updated to include additional disclosure requirements related to the prudential treatment of problem assets (Table CRB-A), updated cross references and other changes to take account of changes in the credit risk standard in the December 2017 Basel III publication. Reflects revised implementation date announced on 27 March 2020.

Removes the CVA template (CCR2), which is now specified in a separate chapter (DIS51). Updated to take account of new implementation date as announced on 27 March 2020.

References have been updated and the 1.06 scaling factor has been removed to reflect its removal in the December 2017 publication of Basel III. Chapter reflects the revised implementation date announced on 27 March 2020.

New framework that is more risk-sensitive, more robust and consistent with revisions to the market risk requirements, updated to take account of the revised implementation date announced on 27 March 2020.

Reflects change in underlying market risk capital requirements published in January 2019. Updated to take account of new implementation date as announced on 27 March 2020.

Changes to introduce minimum haircut floors, as set out in the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework. Updated to take account of new implementation date as announced on 27 March 2020.

Cross reference in FAQ1 of CRE52.10 updated to account of the new credit risk rules coming into effect in CRE22 and the revised implementation date announced on 27 March 2020.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Cross references updated and references to own estimates of haircuts deleted to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework updated to take account of the revised implementation date announced on 27 March 2020.

Consequential changes resulting from changes to scope of internal ratings-based approach for credit risk that come into effect due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Updated to take account of the new standardised approach to operational risk introduced in the December 2017 Basel III publication. Updated to take account of new implementation date as announced on 27 March 2020.

Updated to take account of the revised leverage ratio exposure definition that was introduced in the December 2017 Basel III publication. Updated to take account of new implementation date as announced on 27 March 2020.

Implementation date changed to 1 January 2023 and output floor phase-in arrangements updated as announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework, updated to take account of the revised implementation date announced on 27 March 2020.

First version in the format of the consolidated framework. Sets out the transitional arrangements for the G-SIB leverage ratio buffer introduced in the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Updated to include new terminology introduced in the December 2017 Basel III publication with revised implementation date announced on 27 March 2020.

Updated cross references and illustrative examples to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication and the revised implementation date announced on 27 March 2020.

Reflects revisions to internal models approach and updated to take account of the revised implementation date announced on 27 March 2020.

Updated the out of force date to 31 Dec 2022, given the revised implementation date of Basel III announced on 27 March 2020.

Updated the out of force date to 31 Dec 2022, given the revised implementation date of Basel III announced on 27 March 2020.

Updated the out of force date to 31 Dec 2022, given the revised implementation date of Basel III announced on 27 March 2020.

Paragraph CRE20.4(2) amended to remove reference to transitional provisions that expire by 1 January 2027.

Reflects revisions in the standardised and internal models approach for market risk, including the shift to an expected shortfall measure.

Cross references updated to take account of the revised standards that come into effect due to the December 2017 Basel III publication.

Reflects revised standardised approach introduced in the December 2017 Basel III publication and removal of internal model approaches.

Cross references to LEX30 updated.

Updated Excel format tables to take account of the changes set out in the December 2018 Pillar 3 disclosure publication.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

Calculation frequency specified for reporting and disclosure purposes.

Updated to include the disclosure of: (i) leverage and capital ratios that exclude the output floor in the computation of RWA (Template KM1); and (ii) the level of the output floor and the resultant floor adjustment (Template OV1).

Changes due to the December 2017 Basel III publication.

Changes to output floor and approaches available to calculate credit and operational risk capital requirements, as set out in the December 2017 Basel III publication.

Introduces a revised approach based on expanded use of sensitivities as set out in the January 2019 market risk publication.

First version in the format of the consolidated framework.

Changes due to the December 2017 Basel III publication.

First version in the format of the consolidated framework.

Changes due to the December 2017 Basel III publication.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

New standardised approach as set out in the December 2017 Basel III publication.

Updated to take account of the January 2019 market risk publication. Provides more objective boundary aims to reduce incentives to arbitrage between the regulatory banking and trading books, while still being aligned with banks' risk management practices.

Updated to include disclosure requirements for G-SIBs.

Changes due to the December 2017 Basel III publication.

Reflects changes in market risk requirements.

More rigorous model approval process that enables supervisors to remove internal modelling permission for individual trading desks.

Refinements particularly affecting derivatives and off-balance-sheet exposures and a national discretion on the treatment of central bank reserves, as set out in the December 2017 publication of Basel III and the June 2019 publication on client cleared derivatives.

Changes due to December 2017 Basel III publication.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

Changes due to the December 2017 Basel III publication.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication.

First version in the format of the consolidated framework.

Updated to reflect changes in Pillar 1 market risk standards.

Changes due to the December 2017 Basel III publication.

Changes due to the December 2017 Basel III publication.

Changes due to the December 2017 Basel III publication.

The 1.06 scaling factor has been removed to reflect its removal in the December 2017 publication of Basel III. The simple, transparent and comparable criteria related to credit risk of underlying exposures has been adapted to reflect the credit risk asset classes as defined in the December 2017 Basel III standardised approach for credit risk.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

Updated cross references and other changes to take account of changes in the credit risk standard in the December 2017 Basel III publication.

Removes the CVA template (CCR2), which is now specified in a separate chapter (DIS51).

References have been updated and the 1.06 scaling factor has been removed to reflect its removal in the December 2017 publication of Basel III. 

New framework that is more risk-sensitive, more robust and consistent with revisions to the market risk requirements.

Reflects change in underlying market risk capital requirements published in January 2019.

Changes to introduce minimum haircut floors, as set out in the December 2017 Basel III publication.

First version in the format of the consolidated framework.

Cross reference in FAQ1 of CRE52.10 updated to account of the new credit risk rules coming into effect in CRE22.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication.

Cross references updated to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication.

Cross references updated and references to own estimates of haircuts deleted to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication.

First version in the format of the consolidated framework.

Consequential changes resulting from changes to scope of internal ratings-based approach for credit risk that come into effect due to the December 2017 Basel III publication.

Updated to take account of the new standardised approach to operational risk introduced in the December 2017 Basel III publication.

Updated to take account of the revised leverage ratio exposure definition that was introduced in the December 2017 Basel III publication.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

Updated to include new terminology introduced in the December 2017 Basel III publication.

Updated cross references and illustrative examples to take account of the revised credit risk standards that come into effect due to the December 2017 Basel III publication.

Reflects revisions to internal models approach.

Methodology updated to give effect to the changes to the G-SIB framework published in July 2018.

Updated Excel format tables to take account of DIS26 becoming effective and changes to DIS40.

First version in the format of the consolidated framework.

Updated to include additional disclosure requirements related to the prudential treatment of problem assets (Table CRB-A).

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in format of consolidated framework.

SCO10 Introduction

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in format of consolidated framework.

First version in the format of the consolidated framework.

MGN20 Requirements

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

LEV20 Calculation

First version in the format of the consolidated framework.

LCR20 Calculation

First version in format of consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

LEX20 Requirements

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

SRP32 Credit risk

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

SRP33 Market risk

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

DIS35 Remuneration

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

DIS40 Credit risk

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

DIS50 Market risk

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

DIS85 Liquidity

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

LCR90 Transition

First version in format of consolidated framework.

SRP90 Transition

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in format of consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.

First version in the format of the consolidated framework.