EBA has published its second report on the Basel 3 monitoring exercise. The report is based on data as of 31 December and assumes full implementation of Basel 3, therefore not taking into account its phase-in of deductions and grandfathering arrangements. The report finds that, compared with the previous exercise, the larger and internationally active banks (Group 1 banks) show an average increase of 0.4% in their CET1 ratio. (Source: EBA Publishes Results of the Basel 3 Monitoring Exercise)