JD Supra

Basel 3.1 Implementation in the UK: An Update on PRA Reforms

On 12 December 2023, the UK Prudential Regulation Authority (PRA) published the first of two near-final policy statements on the implementation of revisions to the Basel 3 standards, known in the U.K.
JD Supra

The UK’s Banking Regulator Consults on the First Draft of Final Rules for Aspects of Basel 3.1

The Prudential Regulation Authority ("PRA") has published its near-final policy statement (the "PS") setting out feedback to seven chapters of its consultation paper 16/22 (CP16/22) on implementation ...
Nasdaq

Basel IV in the U.S: Key Takeaways from the Fed’s NPR

On July 27, 2023, the U.S. Federal Reserve released its long-anticipated Notice of Proposed Rulemaking (NPR), introducing sweeping changes to capital management and regulatory reporting. The proposal ...