The Basel Committee on Banking Supervision published Regulatory Consistency Assessment Programme (RCAP) reports on the United Kingdom’s implementation of the Net Stable Funding Ratio (NSFR) and the large exposures framework (LEX), concluding that UK regulations are largely compliant with the Basel standards. Both the NSFR and LEX assessments received a “largely compliant” grade, one notch below the highest overall rating. With these reports, the Committee has completed its jurisdictional assessments of the NSFR and large exposures framework across all Basel Committee member jurisdictions. The Committee has also initiated RCAP jurisdictional assessments of Basel III revisions to risk-weighted assets and the leverage ratio in the fourth quarter of 2025.
Bank for International Settlements 2025-12-03
Bank for International Settlements' Basel Committee on Banking Supervision publishes UK assessments finding largely compliant NSFR and large exposures implementation
The Basel Committee on Banking Supervision released reports rating the UK's implementation of the Net Stable Funding Ratio and large exposures framework as "largely compliant" with Basel standards. This completes assessments of these frameworks across all member jurisdictions. Additionally, the Committee has begun assessing Basel III revisions to risk-weighted assets and the leverage ratio.