FSI Survey - Basel II, 2.5 and III Implementation

FSI Papers
July 2013

Introduction and background to the survey

The Financial Stability Institute (FSI) has previously conducted surveys 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 members of neither the Basel Committee on Banking Supervision (BCBS) nor the European Union (EU). The methodology used in the survey was similar to the one adopted by the BCBS. In line with the BCBS's approach, the FSI published the results of its 2012 survey by disclosing all information provided by individual jurisdictions.

As mentioned in the 2012 survey, the FSI will update the results of the survey every year. In 2013, the FSI contacted banking supervisory authorities in selected jurisdictions (see Annex 1) asking them to respond to the enclosed questionnaire (see Annex 2), so that the jurisdictions can provide up-to-date information regarding the status of their implementation of Basel II, 2.5 and III.

In line with the 2012 approach, the FSI is publishing the results of its 2013 survey by disclosing the information received from 74 non-BCBS/non-EU jurisdictions.1 Survey results are presented in three parts: Section One sets out responses in relation to Basel II implementation, which includes the Pillar 2 and Pillar 3 requirements released by the BCBS in 2006; Section Two presents information relating to implementation of Basel 2.5; and Section Three details responses in regard to Basel III.