Welcome to the KPMG Global Insights page for Basel 4. Here you will find regulatory updates and analysis, links to KPMG solutions and details of key contacts across KPMG’s international network.

Although final rules have been agreed in most jurisdictions, including the EU and UK (Basel 3.1), the US position remains uncertain. The original Basel III Endgame proposals were expected to undergo material updates, and it is possible that under the new Administration they will be substantially watered down or scrapped altogether. The PRA’s decision to delay UK implementation by a further year to 1 January 2027, pending further clarity from the US, has reignited challenges from the EU around the level playing field. Mandated EBA reviews in 2028 may result in further EU-specific amendments.

Banks face a significant book of work and multiple challenges as they stand up or refresh their Basel programmes - ranging from gap analysis assessments against existing rules, to identifying and making necessary changes to operating models, to building new RWA calculators, sourcing data and submitting model applications. KPMG member firms are actively supporting banks across all aspects of their Basel implementations, leveraging our global expertise – reach out to your local contacts below to discuss.

Key dates

  • Standards published 2017

  • Proposed implementation timeline from 1 January 2023 with phasing in of output floor to 1 January 2028

How KPMG can help

Basel 4 is broad in scope and impact. KPMG has the credentials and expertise to support you in all aspects of your Basel 4 implementation including:

  • Carrying out gap assessments and implementation plans
  • Planning for and managing any increase in capital requirements
  • Upgrading data, systems and (internal and external) reporting
  • Applications to use internal model approaches (where these are still available)
  • Asset portfolio adjustments and balance sheet optimisation in response to changes in risk weightings
  • Assessing the revised capital standards in the context of all other regulatory reforms and market developments

Our insights

A balanced approach to credit risk, the output floor and disclosure requirements

A streamlined approach to capital for Small Domestic Deposit Takers

Near-final rules for market, CVA, counterparty credit and operational risk

Don't delay: the time for action is now

Banking perspectives and insights

What are the significant changes and impacts for firms in these publications?

Regulatory Insights

Providing pragmatic and insightful intelligence on regulatory developments.

Frequently asked questions

KPMG is developing a bank of frequently asked questions to share with our clients. If you would like to submit a question for our industry experts, please send it to mailto: go-fmemafsriskandreg@kpmg.com.

Please note that this forum is for technical or regulatory questions. Please do not submit client-specific enquiries via this link.

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