European Union banks would see their risk-weighted assets (RWAs) rise by €500.2 billion ($577.3 billion) if the Basel III output floor were in effect as of March 31, Risk Quantum analysis shows. The floor – set to be fully implemented in the EU by January 1, 2033 – establishes a minimum RWA level equal to 72.5% of the figure calculated under the standardized approach. Risk Quantum analyzed 23 banks for the assessment.
