Early adoption of Basel III across Asia causes tech headaches for bank risk managers

Strong balance sheets mean Asian banks are well placed to meet Basel III increased capital requirements but the disparate state of the regional regulatory framework means the technological challenges of meeting the rules could be significant

The evolution of the Basel Committee on Banking Supervision's Basel III rules has provoked debate on a global basis. But for Asian banks an extra issue is the sheer diversity of local regulations – and while firms in the region are more able to meet the liquidity and capital requirements of the latest Basel iteration, the assessment and reporting infrastructure this requires is entirely new.

“We are seeing some of the strictest implementations of Basel III coming out of Asia, including Singapore