Basel Committee reports slow progress ahead of G-20 meeting

bank-for-international-settlements

Just six out of 29 global systemically important banks (G-Sibs) are likely to be covered by Basel III rules when the official implementation deadline passes on January 1, the Basel Committee on Banking Supervision said today (October 29).

In a report submitted to G-20 leaders ahead of the summit on November 4–5 in Mexico City, the Basel Committee noted a number of jurisdictions were still behind on implementing final rules. Just eight have published final rules – Australia, China, Hong Kong, Ind

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: