Deferral of Basel III implementation in response to Covid-19
Initiative
Official name
Governors and Heads of Supervision announce deferral of Basel III implementation to increase operational capacity of banks and supervisors to respond to Covid-19
Type
Order/Decision
Level 3 / Other
Initiator
BIS
Submitted
27.03.2020
Doc. code
Summary
Status
Status
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Current version
Final version
Next step
Entry into force and application
Entry into force
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Application date
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Scope
Relevant for
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Associated initiatives
Level 1
–
Level 2
–
Level 3 / Other
Finalising Basel III
(non-binding, INT)
Revisions to the minimum capital requirements for market risk
(non-binding, INT)
Pillar 3 disclosure requirements - updated framework
(non-binding, INT)
Measures to reflect the impact of Covid-19
(non-binding, INT)
Consolidated Basel Framework
(non-binding, INT)
Source: BIS, Governors and Heads of Supervision announce deferral of Basel III implementation to increase operational capacity of banks and supervisors to respond to Covid-19, 2020