Bank Supervision

Basel II and III Implementation Program

The Central Bank of The Bahamas (‘the Central Bank’) has adopted a Basel Implementation Program comprising elements of both the Basel II and III frameworks. The Central Bank’s Basel Implementation Program is expected to be both pragmatic and flexible, thus taking into account the types of banks and the scale of their operations within this jurisdiction.

The Central Bank proposes to stage the execution of its Basel Implementation Program in three phases with a full roll-out over a 30-month timeline. The formal program commenced in Q3 of 2013 and is expected to end Q4 of 2015, with the effective ‘go live’ implementation set for Q1 of 2016.

 

Second Basel II/III Quantitative Impact Study Results

Published Wednesday October 19th, 2016

In an effort to further assess the potential effects of the changes in capital reporting requirements under the Basel II/III framework, the Central Bank conducted its second Quantitative Impact Study (QIS 2) based on the 31st March 2016 quarterly unaudited financial submissions. The QIS 2 is a follow up to the first study conducted in 2015.

The results of the survey can be accessed below.

Bank Supervision