FSI Survey - Basel II, 2.5 and III Implementation

FSI Papers
July 2014

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. In 2004, the FSI conducted a survey on Basel II implementation, which was followed by updates in 2006, 2008 and 2010.

In 2013, the FSI conducted a survey to ascertain the status/plans regarding 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 2013 survey by disclosing all information provided by individual jurisdictions.

As mentioned in the 2013 survey, the FSI will update the results of this survey every year. In 2014, the FSI contacted banking supervisory authorities in non-BCBS/non-EU jurisdictions (see Annex 1) asking them to provide a current status report on the implementation of Basel II, 2.5 and III in their jurisdictions (see Annex 2 for the related questionnaire).

In line with the 2013 approach, the FSI is publishing the results of its 2014 survey by disclosing the information received from 90 non-BCBS/non-EU jurisdictions. 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 the implementation of Basel 2.5; and Section Three details responses in regard to Basel III.