With Basel IV implementation deadlines looming, banks in the Asia Pacific have generally been making good progress in meeting the targets for compliance with the updated regulatory framework. However, they still face challenges in critical areas including market risk and credit risk, while the varying implementation deadlines are creating additional complexity for banks with a presence in multiple jurisdictions.
This flyer provides a useful summary of the key dates for certain markets in the region, insights on some of the common challenges that banks are facing, and recommendations on what they should be doing to ensure they are in compliance.
