FITCH RATINGS REPORT: BASEL III RULES UPDATE
Canada confirmed that it will defer the go-live date under the new regime to between Q1, 2023 and Q3, 2023.
The EU is proposing to postpone even further to 2025. The UK’s publication of draft proposals has now been delayed until the second half of 2022.
The U.S. has not signalled when it will release its proposed draft rules.
Additional information is available here.