- Over the past 12 months, the final Basel III standards came into effect in more than 40% of the Basel Committee’s 27 member jurisdictions.
- The revised credit risk and operational risk standards as well as the output floor are now in effect in around 80% of member jurisdictions.
- The Committee will continue to closely monitor and assess the full and consistent implementation of Basel III standards.
Member jurisdictions of the Basel Committee on Banking Supervision have made significant progress in implementing the Basel III reforms over the past year, according to the Committee’s latest progress update published today.
The update and monitoring dashboard set out the jurisdictional adoption status of the Basel III standards as of end-September 2025 and show where the standards are already implemented by banks. They cover the final elements of Basel III published by the Committee in December 2017 and the finalised minimum capital requirements for market risk of January 2019. The implementation date for these reforms was 1 January 2023, as announced by the Governors and Heads of Supervision (GHOS) – the Basel Committee’s oversight body – in March 2020.
Since the previous annual update, the final Basel III standards came into effect in more than 40% of the 27 member jurisdictions. Consequently, the revised credit risk and operational risk standards, as well as the output floor are now in effect in around 80% of member jurisdictions, the CVA standard in nearly 70%, and the revised market risk standards in nearly 40%.
The monitoring dashboard provides the implementation history of Basel standards by member jurisdictions, including the publication and implementation dates of their domestic regulations.
At the 12 May 2025 meeting of the GHOS, members unanimously reaffirmed their expectation of implementing all aspects of the Basel III framework in full, consistently and as soon as possible. The series of shocks to financial markets over the past few years have highlighted the importance of having a prudent global regulatory framework in place. The GHOS tasked the Committee with continuing to monitor and assess the full and consistent implementation of Basel III.
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Source:
BIS | The Basel Committee
bis.org
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