Basel 4

Despite the change in timelines, regulators currently remain committed to implementing the final Basel 4 reforms. However, they acknowledge that banks face unprecedented challenges as a result of the COVID-19 pandemic.

This paper considers the possible scenarios relating to the amended Basel 4 timeline and how these might play out given current regulatory and operational constraints. It also looks at how challenges arising from COVID-19 might impact the trajectory and regulatory imperatives for Basel 4 reforms going forward.