Regulatory Alerts2014-03-31
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BRPD Circular No. 07: Implementation of Basel-III in Bangladesh
Bangladesh Bank finalizes an Action Plan and Roadmap for the implementation of the Basel III regulatory framework, requiring all scheduled banks in Bangladesh to prepare for compliance based on a Quantitative Impact Study. The plan mandates the issuance of specific guidelines by June 2014 and sets July 2014 as the commencement date for the implementation process, with full implementation initiated by January 2019. The document establishes phase-in arrangements for capital ratios, including Minimum Common Equity Tier-1 (CET-1) Capital Ratio starting at 4.00% in July 2014 and rising to 4.50% by December 2015, alongside a Capital Conservation Buffer that reaches 2.50% by 2019. It also specifies deadlines for liquidity metrics, such as the Liquidity Coverage Ratio test from June 2014 to June 2015, and notes that the Countercyclical Capital Buffer regime will become effective from January 2016.
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