Revised standardised approach for credit risk (Basel III)
Implementation of Basel III reforms to enhance risk sensitivity, granularity and consistency in credit risk calculations.

No data available for the deliverable: Implementation of Basel III reforms to enhance risk sensitivity, granularity and consistency in credit risk calculations.

Summary

The reform introduces revised risk weights, output floors and phased implementation for banks, with full compliance required by July 2025.

Canvas not supported.

Is it working?

The reform is almost complete, with all major steps taken and final compliance due in July 2025. Output floors will be phased in until 2028 to ensure a smooth transition.

Actions

Banks are on track to achieve compliance, with manageable capital impacts and strong regulatory oversight.

Are there plans?

Regulatory amendments have been published, QIS conducted and industry training provided.

Is it on the agenda?

The SARB and PA have made this a central pillar of Basel III reforms, with detailed regulatory guidance.

Goals

To improve the risk sensitivity and consistency of credit risk capital requirements, aligning with Basel III international standards.

Departments / Govt Institutions

South African Reserve Bank (SARB)

Summary

The reform introduces revised risk weights, output floors and phased implementation for banks, with full compliance required by July 2025.

Canvas not supported.

Is it working?

The reform is almost complete, with all major steps taken and final compliance due in July 2025. Output floors will be phased in until 2028 to ensure a smooth transition.

Actions

Banks are on track to achieve compliance, with manageable capital impacts and strong regulatory oversight.

Are there plans?

Regulatory amendments have been published, QIS conducted and industry training provided.

Is it on the agenda?

The SARB and PA have made this a central pillar of Basel III reforms, with detailed regulatory guidance.

Goals

To improve the risk sensitivity and consistency of credit risk capital requirements, aligning with Basel III international standards.

Departments / Govt Institutions

South African Reserve Bank (SARB)

Summary

The reform introduces revised risk weights, output floors and phased implementation for banks, with full compliance required by July 2025.

Canvas not supported.

Is it working?

The reform is almost complete, with all major steps taken and final compliance due in July 2025. Output floors will be phased in until 2028 to ensure a smooth transition.

Actions

Banks are on track to achieve compliance, with manageable capital impacts and strong regulatory oversight.

Are there plans?

Regulatory amendments have been published, QIS conducted and industry training provided.

Is it on the agenda?

The SARB and PA have made this a central pillar of Basel III reforms, with detailed regulatory guidance.

Goals

To improve the risk sensitivity and consistency of credit risk capital requirements, aligning with Basel III international standards.

Departments / Govt Institutions

South African Reserve Bank (SARB)

No data available for the deliverable: Implementation of Basel III reforms to enhance risk sensitivity, granularity and consistency in credit risk calculations.

No data available for the deliverable: Implementation of Basel III reforms to enhance risk sensitivity, granularity and consistency in credit risk calculations.

No data available for the deliverable: Implementation of Basel III reforms to enhance risk sensitivity, granularity and consistency in credit risk calculations.

No data available for the deliverable: Implementation of Basel III reforms to enhance risk sensitivity, granularity and consistency in credit risk calculations.

Analyst: Tinashe Kambadza
Status: In progress
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