South Korea compliant with Basel standards
These evaluations are part of the committee’s Regulatory Consistency Assessment Programme.
The Basel Committee on Banking Supervision found South Korea's NSFR regulations to be "compliant" and its large exposures framework to be "largely compliant" with Basel standards.
The committee has released its assessment reports evaluating South Korea's implementation of the Net Stable Funding Ratio and the large exposures frameworks.
These evaluations are part of the committee’s Regulatory Consistency Assessment Programme, an ongoing initiative that reviews and monitors the implementation of Basel standards across the committee’s member jurisdictions.