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ActiveInternational Standardupdate Standard Updated: December 2017fact_check Fact checked: Jun 28, 2026

Basel III / Basel III Endgame

Basel III: Finalising post-crisis reforms (BCBS d424) — Global bank capital, leverage and liquidity framework

apartmentPublishing Organization:Basel Committee on Banking Supervision (BCBS)

Standard Introduction

Basel III / Basel III Endgame is an active standard published by Basel Committee on Banking Supervision (BCBS). It is commonly used across Finance & Banking and applies in Global, United States, European Union, United Kingdom.

Use this page to review the official documentation, current status, and the certification or assessment bodies most commonly associated with Basel III / Basel III Endgame.

Implementation Roadmap

1
Phase 1schedule Duration: 3-6 weeks

Define bank regulatory capital reform scope

Identify the products, services, systems, entities, jurisdictions, teams, vendors, data flows, and stakeholders covered by Basel III / Basel III Endgame. Confirm owners, boundaries, applicable obligations, documentation, and evidence expectations for credit risk standardized approach, internal ratings-based constraints, operational risk standardized measurement, CVA risk, market risk, leverage ratio, output floor, capital calculations, data lineage, model governance, regulatory reporting, and implementation monitoring.

2
Phase 2schedule Duration: 4-10 weeks

Assess obligations and gaps

Compare current practices with the expected bank regulatory capital reform approach. Review regulatory interpretation, capital impact assessment, exposure classification, data sourcing, RWA calculation, model change governance, operational risk loss data, CVA and market risk controls, output floor monitoring, reporting controls, and board oversight, then prioritize gaps by legal exposure, safety or security impact, customer commitments, operational dependency, reporting deadlines, and assurance readiness.

3
Phase 3schedule Duration: 8-24 weeks

Implement controls and evidence

Deploy required procedures, technical controls, review gates, training, supplier workflows, reporting paths, and operational records. Maintain regulatory mapping, capital impact models, data lineage records, exposure classifications, calculation workpapers, model approvals, validation reports, regulatory reports, board materials, issue logs, change approvals, and supervisory correspondence as traceable evidence.

4
Phase 4schedule Duration: Ongoing

Review, report, and improve

Run management reviews, internal checks, testing or independent assessments where applicable, corrective actions, and change reviews. Refresh the program when products, vendors, laws, incidents, reporting cycles, or stakeholder expectations change.

Compliance Checklist

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checklist Scope and accountability

checklist Controls and records

checklist Monitoring and assurance

Frequently Asked Questions

Who needs Basel III / Basel III Endgame?

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Basel III / Basel III Endgame is most relevant to internationally active banks, large banking organizations, risk and finance teams, model governance teams, and regulatory reporting functions implementing Basel final reforms through local rules. The exact scope depends on products, services, jurisdictions, reporting duties, customer commitments, technical requirements, and the organization's role in the relevant ecosystem.

Is Basel III / Basel III Endgame certifiable?

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Basel III final reforms are international banking standards, not a certification. They become binding through national or regional implementation, and timing varies by jurisdiction.

What should implementation focus on first?

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Start by defining scope, obligations, accountable owners, and the evidence expected by regulators, customers, auditors, assurance providers, certification bodies, or governance bodies. Then perform a gap assessment against current controls and prioritize remediation by risk and deadline.

What evidence is useful for Basel III / Basel III Endgame?

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Useful evidence includes regulatory mapping, capital impact models, data lineage records, exposure classifications, calculation workpapers, model approvals, validation reports, regulatory reports, board materials, issue logs, change approvals, and supervisory correspondence. Evidence should be version-controlled, attributable to owners, linked to obligations and controls, and retained for the required review or audit period.

How often should the program be reviewed?

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Review it at planned intervals and whenever laws, standards, products, vendors, incidents, reporting cycles, customer commitments, technical requirements, or assurance expectations change.

Official Documentation

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