FSI Survey - Basel II, 2.5 and III Implementation
Introduction and background to the survey
The Financial Stability Institute (FSI) has conducted surveys in the past on subjects of supervisory interest and shared the findings with the supervisory community. The FSI conducted a survey on Basel II implementation in 2004, which was followed by updates in 2006, 2008 and 2010.
In 2012, the FSI carried out a survey on the implementation of Basel II, 2.5 and III in jurisdictions that are neither members of the Basel Committee on Banking Supervision (BCBS) nor members of the European Union. The methodology used in this survey is similar to the one adopted by the BCBS in October 2011 for its progress report on Basel III implementation. The FSI sent out an email (see Annex 1) to banking supervisory authorities in selected jurisdictions asking them to submit their responses to the enclosed questionnaire (see Annex 2).
In line with the BCBS's approach, the FSI is publishing the results of its survey by disclosing the information received from 70 countries. Therefore, the results of this survey are being treated differently from those of past surveys, where the FSI published only the aggregated results.
The FSI will be updating the results of this survey every year from March 2013 onwards so that the jurisdictions (which are not members of the BCBS and/or the European Union) can provide up-to-date information regarding the status of their implementation of Basel II, 2.5 and III.