Basel III regulatory consistency assessment (Level 2) - Preliminary report: United States of America

This report presents the conclusions of an assessment by the Basel Committee of the progress of the United States in implementing the Basel capital standards. 

The assessment is based mainly on draft proposals issued by the US regulatory agences in 2012. Considering the draft nature of these regulations and in accordance with the Committee's agreed procedures for conducting a Level 2 assessment, this assessment is considered preliminary. A follow-up assessment will take place once the US authorities have published the final rules that implement Basel III.