The revised MAS Notice 637 will be effective from 1 July 2024. An additional year is provided for compliance with revised market risk and CVA standards.
September 21, 2023The HKMA asks the banking industry for comments on the latest timetable by 4 September 2023.
August 7, 2023Elements of the final Basel III reforms would be phased in starting in January 2025, two years after the globally agreed deadline.
June 28, 2023All the reforms will be effective in Singapore from 1 July 2024, except the revised market risk framework and CVA standards. The output floor will be phased in over five years.
June 14, 2023ISLA expresses concerns about the potential adverse impact of Basel III on the global securities lending market.
June 13, 2023The consultation focuses on the implementation of the revised credit risk framework and the output floor.
June 5, 2023FIs are asked to provide feedback and complete an accompanying Quantitative Impact Study reporting template.
January 25, 2023MAS said it will defer the implementation of the final Basel III reforms in Singapore, to between 1 January 2024 and 1 January 2025.
December 20, 2022The BOE says its approach is consistent with the "vast majority" of major financial jurisdictions, with "appropriate but limited" adjustments for the UK market.
December 1, 2022Hong Kong's implementation of the Basel III final reform package is being deferred to allow the industry more time to prepare.
November 28, 2022