Theme: BIS Basel 3 regulatory consistency assessment

BIS Basel 3 regulatory consistency assessment

The BIS preliminary report on the progress of the implementation of Basel 3 on capital requirements in the EU, the US and Japan drew sharp criticism from the European Commission.

We find the BIS’ findings, on the whole, fair and measured.

We have made no changes to our normalised RWA and Capital models.

Theme: BIS Basel 3 regulatory consistency assessment