The Basel Committee on Banking Supervision ("BCBS") conducted a monitoring exercise that determined all large internationally active banks meet Basel III minimum and Common Equity Tier 1 target capital requirements. Additionally, the monitoring report examined: (i) bank data on Basel III's liquidity requirements; and (ii) a longer-term structural liquidity standard – the Net Stable Funding Ratio. BCBS explained that the monitoring exercise is part of a "rigorous reporting process to regularly review the implications of the Basel III standards for banks . . . since 2012."

The BCBS monitoring exercise data is still subject to further analysis and the key results will be published at the end of the year.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.