This progress report to the G20 Finance Ministers and Central Bank Governors provides an update on the Basel Committee's analytical work on the 2023 banking turmoil. It includes updated empirical analysis on a range of liquidity-related issues highlighted by the turmoil, including distressed...

Implementation of the Basel III framework is a key global regulatory reform priority. Full and consistent implementation within the internationally agreed timeframe is aimed at strengthening the resilience of the banking system, improving market confidence in regulatory ratios and promoting a...