Final Basel III Compliance: 9.4 billion EUR of additional Tier 1 capital to be added by EU banks to ensure compliance

The European Banking Authority (EBA) published a Report on the impact of implementing the final Basel III reforms in the European Union. According to the report, the full Basel III implementation, in 2028, would result in an average increase of 15.4% on the current Tier 1 minimum required capital of EU banks.

In today's alert you will read about the need for the banks to increase their capital, in order to comply with the new framework. The alert also tackles the operational risk and assesses the impact of implementing the net stable funding ratio (NSFR) framework. You can read more about it below.