There has been “limited progress” on some Basel III standards that were required to be adopted in 2017
New review from the Basel Committee on Banking Supervision finds that all banks meet their Tier 1 common equity requirement
Net Stable Funding Ratio rule pushed to 2020
The revised requirements for banks will begin to be phased in during the second quarter
The revised capital rules for global banks will start to take effect in January 2022, and will be phased in over five years
Countries report challenges in implementing new disclosure requirements
The rules, which come into place next year, are part of the global reform effort following the global financial crisis
Basel Committee issues eleventh progress report
Global banking regulators aims to spell out rules for firms dealing with unserved or underserved clients
Proposals would harm economic growth