Editing Basel II (section)

===Implementation progress===
Regulators in most jurisdictions around the world plan to implement the new accord, but with widely varying timelines and use of the varying methodologies being restricted. The [[United States]]' various regulators have agreed on a final approach.<ref>[http://www.occ.treas.gov/fr/fedregister/71fr55830.pdf OCC Notice of Proposed Rulemaking]</ref> They have ''required'' the Internal Ratings-Based approach for the largest banks, and the standardized approach will be available for smaller banks.<ref>[http://www.federalreserve.gov/newsevents/press/bcreg/20080626b.htm FRB: Press Release, June 26, 2008]</ref>

In India, [[Reserve Bank of India]] has implemented the Basel II standardized norms on 31 March 2009 and is moving to internal ratings in credit and AMA (Advanced Measurement Approach) norms for operational risks in banks.

Existing RBI norms for banks in India (as of September 2010): Common equity (incl of buffer): 3.6% (Buffer Basel 2 requirement requirements are zero); Tier 1 requirement: 6%. Total Capital: 9% of risk-weighted assets.

According to the draft guidelines published by RBI the capital ratios are set to become: Common Equity as 5% + 2.5% (Capital Conservation Buffer) + 0–2.5% (Counter Cyclical Buffer), 7% of Tier 1 capital and minimum capital adequacy ratio (excluding Capital Conservation Buffer) of 9% of Risk Weighted Assets. Thus the actual capital requirement is between 11 and 13.5% (including Capital Conservation Buffer and Counter Cyclical Buffer).<ref>{{cite web |url=http://rbidocs.rbi.org.in/rdocs/content/pdfs/DRA301211.pdf |title=Archived copy |access-date=2012-01-20 |url-status=dead |archive-url=https://web.archive.org/web/20120522153622/http://rbidocs.rbi.org.in/rdocs/content/pdfs/DRA301211.pdf |archive-date=2012-05-22 }}</ref>

In response to a questionnaire released by the [[Financial Stability Institute]] (FSI), 95 national regulators indicated they were to implement Basel II, in some form or another, by 2015.<ref>{{cite journal|url=http://www.bis.org/fsi/fsipapers06.htm|title=Implementation of the new capital adequacy framework in non-Basel Committee member countries: Summary of responses to the 2006 follow-up Questionnaire on Basel II implementation|website=Bis.org|date=2006-09-25}}</ref>

The European Union has already implemented the Accord via the EU [[Capital Requirements Directive]]s and many European banks already report their capital adequacy ratios according to the new system. All the credit institutions adopted it by 2008–09.

Australia, through its [[Australian Prudential Regulation Authority]], implemented the Basel II Framework on 1 January 2008.<ref>{{Cite web |url=http://www.apra.gov.au/adi/Documents/APRA_IP_PillarII_122007_v3.pdf |title=Information Paper: Implementation of the Basel II Capital Framework |access-date=2011-09-27 |archive-url=https://web.archive.org/web/20111108140552/http://www.apra.gov.au/adi/Documents/APRA_IP_PillarII_122007_v3.pdf |archive-date=2011-11-08 |url-status=dead }}</ref>