Australia weighs up move to adopt Basel III early

The Australian prudential supervisor wants the country’s banks to adopt the new Basel III capital adequacy rules two years earlier than their global peers. What are the benefits and costs of early adoption?


Following the global financial crisis in 2008–2009, the Basel Committee on Banking Supervision embarked on a programme to revise its existing capital adequacy guidelines with the aim of preventing another financial crisis. The resulting framework was Basel III, a set of capital and liquidity requirements endorsed by the G-20 at the November 2010 summit in Seoul. With the core framework in place, the focus has now shifted to implementation.

In Australia, the country’s banking regulator, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here