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BCBS reports progress on adoption of Basel III reforms

Road sign to Basel
Photo: Getty Images

Latest update shows 80% of member jurisdictions have adopted at least one standard.

With the Basel III reforms set to come into effect on 1 January 2023, the Basel Committee on Banking Supervisions (BCBS) has published its latest summary of progress towards full implementation across its 28 jurisdictions.

The update finds “more than 80% of member jurisdictions have published rules for at least one of these

BCBS