Australia
1 January 2023
Implementation of Basel 3.1, with exception of FRTB and CVA. No date yet specified publications of draft rules/consultations.
1 January 2027
Implementation of Basel 3.1, including FRTB, with exception of FRTB-IMA. Transitional provisions relating to certain areas (including phase-in for output floor).
UK
1 January 2028
Proposed implementation of FRTB-IMA.
UK
1 January 2030
Full implementation of Basel 3.1 (end of transitional period).
UK
1 January 2025
Implementation of Basel 3.1. with exception of FRTB. Transitional arrangements in place for some areas (including phase-in for output floor).
EU
1 January 2027
Implementation of FRTB, subject to potential introduction of temporary targeted relief for up to three years, ending in 2029 (European Commission is currently consulting on proposals).
EU
End of 2032
Full implementation of Basel 3.1 (end of transitional period).
EU
No date specified
TBC
US
Basel 3.1 — The key dates
