Basel 3.1: The time to act is now
The Prudential Regulation Authority (PRA) has extended the implementation deadline for the Basel 3.1 reforms to 1 July 2025, offering some relief to firms dealing with challenging implementation timelines. Notwithstanding the delay, both achieving compliance and making the necessary strategy and operating model decisions to support capital and operational optimisation remains a challenge.
Download our paper, 'Basel 3.1: The time to act is now', which provides an overview of industry-wide implementation progress and discusses some of the common challenges and capabilities required to achieve successful implementation.
Contact us
Peter El Khoury
Head of Banking Prudential Regulation & FS Digital Partner, PwC United Kingdom
Tel: +44 (0)7872 005506
Stefanie Aspden
Director, Financial Services Risk and Regulation, PwC United Kingdom
Tel: +44 (0)7483 407519
