Basel members speed up implementation of banking reforms

Most rules now adopted by more than half of member jurisdictions

Capital and liquidity rules written by the Basel Committee were put into effect by a host of member jurisdictions over the six months to September, the organisation’s latest progress report shows.

Of the 11 key capital and liquidity standards set by the committee, eight had been issued as final rules in more than half of the 28 jurisdictions it represents by end-September. At end-March, just one standard had reached this level of adoption.

The standard on interest rate risk in the banking book