| Basel III monitoring exerciseThe new supervisory framework developed by the Basel Committee on Banking Supervision (BCBS) and known as "Basel III" is a comprehensive set of regulatory measures, aimed at strengthening the supervision and risk management of the banking sector at global level. The European Banking Authority (EBA) has been monitoring and assessing the impact of the Basel III rules on a sample of EU banks since June 2011. This exercise is performed on a semi-annual basis with end-December and end-June reporting dates. It follows the Comprehensive Quantitative Impact Study (C-QIS) that was conducted by CEBS and published in December 2010. The participation of banks in the monitoring exercise is voluntary and data are only reported on an aggregate basis, in order to guarantee the anonymity and confidentiality of credit institutions. The exercise monitors and assesses the following aspects of the Basel III implementation:
After the finalisation of CRD IV, the Basel III monitoring exercise will assess the impact of the implementation of CRD IV. Basel III monitoring reports06 March 2018: CRDIV_CRR - Basel III Report monitoring exercise - June 2017 20 December 2017: Ad Hoc Cumulative Impact Assessment of the Basel reform package 07 December 2017: Cumulative impact assessment of the Basel reform package 12 September 2017: Report on the results CRDIV-CRR/ Basel III monitoring exercise as of 31 December 2016 28 February 2017: Report on the results CRDIV-CRR/ Basel III monitoring exercise as of 30 June 2016 13 September 2016: Report on the results CRDIV-CRR/ Basel III monitoring exercise as of 31 December 2015 02 March 2016: Report on the results CRDIV-CRR/ Basel III monitoring exercise as of 30 June 2015 15 September 2015: Report on the results Basel III monitoring exercise as of 31 December 2014 3 March 2015: Report on the results Basel III monitoring exercise as of 30 June 2014 11 September 2014: Report on the results Basel III monitoring exercise as of 31 December 2013. 6 March 2014: Report on the results Basel III monitoring exercise as of 30 June 2013 25 September 2013: Report on the results Basel III monitoring exercise as of 31 December 2012 19 March 2013: Report on the results of the Basel III monitoring exercise as of 30 June 2012 27 September 2012 : Report on the results of the Basel III monitoring exercise as of 31 December 2011 4 April 2012 : Report on the results of the Basel III monitoring exercise as of 30 June 2011 Comprehensive Quantitative Impact Study (C-QIS)To assess the impact of the new capital and liquidity requirements as set out in consultation published by the Basel Committee in June and December 2009, the Committee of European Banking Supervisors (CEBS), the EBA's predecessor, conducted a so-called comprehensive quantitative impact study (C-QIS) based on data as of 31 December 2009. The main results of this impact study have been published in December 2010. The C-QIS is not comparable to the Basel III monitoring reports, as it assessed the impact of policy proposals published in 2009 that differed significantly from the final Basel III framework. |