Regulatory
Basel Committee RCAP leverage ratio grades: 4 compliant, 2 largely compliant
14 October 2026 · BIS
The Basel Committee published RCAP reports on leverage ratio framework implementation in six jurisdictions, concluding its first multi-jurisdictional LEV assessment round.
Points to Remember
- Assessed jurisdictions: Australia, Canada, Japan, Korea, Switzerland and the United Kingdom.
- Australia, Japan, Korea and Switzerland graded 'compliant' — the highest overall grade.
- Canada and the United Kingdom graded 'largely compliant' — one notch below the highest grade.
- Publication dated 13 October 2026; this concludes the first round of multi-jurisdictional leverage ratio assessments.
- Committee initiated jurisdictional assessments of Basel III revisions to risk-weighted assets in H1 2026.
Why it matters
Knowing which jurisdictions are graded compliant versus largely compliant helps gauge cross-border implementation risk when dealing with foreign counterparties and group entities.
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