Basel Committee finds Australia, Japan, Korea, Switzerland compliant, and Canada, United Kingdom largely compliant with its leverage ratio framework

AI summary of the source article

The Basel Committee has assessed the implementation of its leverage ratio framework across six jurisdictions. Australia, Japan, Korea, and Switzerland were found compliant, while Canada and the United Kingdom were evaluated as largely compliant.

Key facts

• The Basel Committee published leverage ratio framework assessment reports for Australia, Canada, Japan, Korea, Switzerland, and the UK.
• Australia, Japan, Korea, and Switzerland were assessed as compliant, while Canada and the UK were assessed as largely compliant.
• The publication concludes the first round of multi-jurisdictional assessments of the leverage ratio.