Basel Committee Reports to G20 Leaders
OREANDA-NEWS. The Basel Committee on Banking Supervision has today published a report for the G20 Leaders at their Summit in Hangzhou on 4-5 September.
The report is an update on the implementation of Basel III regulatory reforms since the Committee's progress report to G20 Leaders in November 2015. All Basel Committee member jurisdictions have now put in place the key components of the Basel III capital and liquidity frameworks but some report challenges in implementing certain upcoming standards. Efforts are continuing to adopt the Basel III standards for the leverage ratio and the Net Stable Funding Ratio.
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