Basel III has been saved
The calm before the reform
The publication of the Basel III 2017 reforms was a watershed moment for capital regulation globally. In contrast to the fundamental changes which the reforms represent for firms of all sizes, there has been a surprisingly muted response across the industry.
This paper, written half a year on from the publication of the final Basel III reforms, explores the wide-ranging impacts which the proposed changes signify for firms of all sizes, as well as underlines the need for a strategic and early response. The paper sets out a high-level roadmap and the areas where Deloitte believes focus is required between now and implementation. Lessons drawn from the implementation of previous revisions to the Basel framework teach us not to underestimate the size and complexity of the challenge ahead.
Find out more by downloading the report or by contacting one of the team listed below.