Industry feedback supports final Basel III prudential rules
We have published our feedback statement on the near-final Basel III prudential rules. Respondents were broadly supportive of the proposed framework and our approach to aligning with the UK Prudential Regulation Authority's (PRA) implementation of Basel III, while making Jersey-specific adjustments where appropriate.
We will proceed with the proposed rules, incorporating minor drafting amendments, clarifications and additional guidance where necessary. The final rules will be published on 3 August 2026.
As implementation progresses, we will continue to engage with industry and consider feedback where appropriate to help ensure the prudential framework remains proportionate, simple and closely aligned with the PRA Basel III implementation, while recognising Jersey-specific circumstances.
Read a summary of the feedback we received.
See our final Basel III prudential requirements.
Next steps
We will publish supporting guidance where needed and continue our engagement with industry during implementation.
The final Basel III prudential rules were published on 3 August 2026 and will take effect from 1 July 2027, with optional early transition available from 1 January 2027. All aspects for Jersey Incorporated Banks will be live in H2 2027.
Contact us
Contact our Policy team if you have any questions or feedback.