The Basel Committee on Banking Supervision today announced that it will delay the implementation of outstanding capital standards—commonly referred to as “Basel IV”—to allow banks to focus their resources on navigating the coronavirus pandemic.
The Basel Committee on Banking Supervision today issued updated Pillar 3 disclosure requirements reflecting the “Basel IV” capital framework released in December 2017.
As the federal banking agencies weigh the implementation of Basel IV standards in the United States, ABA on Friday urged them not to implement haircut floors for securities financing transactions.