Transcription of Basel Committee on Banking Supervision
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Basel Committee on Banking Supervision Regulatory Consistency Assessment Programme (RCAP) Assessment of Basel III LCR regulations Australia October 2017 This publication is available on the BIS website ( ). Bank for International Settlements 2017. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. ISBN 978-92-9259-110-6 (online) Regulatory Consistency Assessment Programme Australia iii Contents Preface .. 2 Executive summary .. 4 Response from APRA .. 6 1. Assessment context and main findings .. 7 Context .. 7 Structure, enforceability and binding nature of prudential regulations.
The Basel Committee on Banking Supervision (Basel Committee) sets a high priority on the implementation of regulatory standards underpinning the Basel III framework.
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