The Basel Committee on Banking Supervision has today published assessment reports on the implementation of the Net Stable Funding Ratio (NSFR) and the large exposures framework (LEX) in Hong Kong SAR (NSFR, LEX), Indonesia (NSFR, LEX) and Singapore (NSFR, LEX).
The assessments found that the NSFR and LEX regulations in each of these jurisdictions are compliant with the Basel Committee’s global standards.
These publications form part of the Committee’s Regulatory Consistency Assessment Programme (RCAP), a series of reports on the implementation of Basel standards by member jurisdictions of the Basel Committee. The Committee plans to complete its review of the implementation of the NSFR and LEX standards for all member jurisdictions in 2021.