Capital Review Consultation Timeline

May – Oct 2017

July – Nov 2017

Dec 2017 – July 2018

Dec 2018

January 2019

February 2019

March 2019

  • Briefing for UBS analysts and clients
  • Briefing for ACT party

April 2019

May – June 2019

  • Round four of public consultation closes
  • Publish submissions and summary of what they say
  • Presentation at IMF / World Bank conference

September quarter 2019

  • Publish a response to submissions
  • Publish a Regulatory Impact Statement
  • Decisions on appropriate risk appetite for banking crises and level of capital required
  • Decisions on which financial instruments qualify as ‘high quality’ (Tier 1), and which financial instruments will remain eligible as capital
  • Decisions on changes to the risk-weighted assets framework
  • Decisions on transition – i.e. how much time banks have to comply with decisions