The Basel Committee on Banking Supervision has published an updated methodology for its jurisdiction-specific Regulatory Consistency Assessment Programme (RCAP).

The purpose of the RCAP is to promote full and consistent implementation of the Basel framework by its member jurisdictions and to help to highlight the potential of any gaps found in the regulatory regime to affect financial stability and the regulatory environment for internationally active banks.

The methodology will be updated periodically to reflect further refinements to the RCAP.