Basel Committee on Banking Supervision issues FAQs on Basel III countercyclical capital buffer

BASEL, 22-10-2015 — /EuropaWire/ — To promote consistent implementation of the Basel III countercyclical capital buffer, the Basel Committee on Banking Supervision has issued frequently asked questions and other supporting information.

The information published today includes a list of all prevailing and pre-announced buffers, as well as developments related to domestic rule-making. The information is presented for both Basel Committee member jurisdictions, as well as select non-member jurisdictions. The dedicated website can be found here. This webpage will be updated as jurisdictions inform the Committee of changes to domestic countercylical capital buffer requirements. Interested stakeholders can sign up for a email alert when information is updated.

The countercyclical capital buffer requirement, when activated by member jurisdictions, will be phased in from 1 January 2016.

Media enquiries
Margaret Critchlow and Bettina Eberhard

E-mail: press@bis.org
Telephone: (+41 61) 280 8188
Fax: (+41 61) 280 9100 or (+41 61) 280 8100

SOURCE: BIS

EDITOR'S PICK:

EuropaWire PR Editors

Recent Posts

Kapsch TrafficCom AG Sells Non-core Assets, Generates Close to EUR 11 Million

(IN BRIEF) Kapsch TrafficCom AG has successfully divested assets not aligned with its strategic core…

6 hours ago

Rheinmetall Expands Electromobility Reach with Major Orders for Heat Pump Solution

(IN BRIEF) Rheinmetall has secured significant new orders for its plug-and-play heat pump solution, signaling…

7 hours ago