The Basel Committee has reported to the G20 leaders on progress in implementing Basel III. Of the 27 Basel Committee jurisdictions, it says 25 have now issued the final set of Basel III based capital regulations, while the remaining jurisdictions, Indonesia and Turkey, have draft rules in place. It also notes that some jurisdictions have begun to introduce regulations for liquidity and leverage ratios, and requirements for global and domestic systemically important banks. Its periodic monitoring of Basel III’s quantitative impact shows internationally active banks continue to build capital, and should be able to meet the full minimum Basel III capital requirements before 2019. (Source: Basel Committee Reports on Basel III Implementation)