The Basel Committee has published a report to the G20 Finance Ministers and Central Bank Governors on the results of its assessment of members’ implementation of Basel 3. This assessment is looking at the timely and consistent implementation of Basel 3. Only eight of the 27 Basel Committee member jurisdictions have so far issued final regulations, and the EU May compromise versions are non-compliant in their definition of capital and provisions on the internal risk-based approach to credit risk. As well as regulatory consistency, Basel 3 will analyse consistency of outcomes, with special focus on the calculation of risk-weighted assets (RWA). In early 2013 the Basel Committee will publish a final report on whether differences in RWA are driven by underlying differences in risk. (Source: Report to G20 on Basel 3 Implementation)