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Basel Committee Publishes Follow-Up Reports

The Basel Committee on Banking Supervision has published overviews of follow-up actions taken or planned by member jurisdictions as of end-2018.

The overviews address deviations from the Basel standards identified as part of the Committee’s Regulatory Consistency Assessment Programme (RCAP).

According to the committee, the follow-up actions pertain to assessments of risk-based capital and liquidity coverage ratio regulations that were completed and published as of end 2017.

The follow-up reports are published on the same Basel Committee webpage as the original RCAP reports. They were prepared by authorities in each of the jurisdictions that were assessed.

Meanwhile, a summary of follow-up actions taken or planned by member jurisdictions is also on the Basel Committee’s website, it was noted.

Follow-up reports for assessments completed and published as of end-2018 will be published in 2020.

This will cover for the first time assessments of Basel Committee members’ regulations to implement the global standards for the Net Stable Funding Ratio and the framework for measuring and controlling large exposures.

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