The Basel Committee on Banking Supervision has published its third progress report on the implementation of Basel III. This report will be the final report of the committee before January 1, 2013, which is the agreed start date for implementing Basel III.
The report focuses on the status of rule-making processes in individual countries as of the end of September 2012. The Committee will continue to provide progress updates on implementation through 2013 and beyond.
According to the report, the United States ranks slightly behind the middle of the pack in implementation.