Basel 3.1: Navigating the New Regulatory Landscape

FinTalk by VERMEG

Welcome to FinTalk by Vermeg, the leading podcast in Financial Services that addresses the most pressing topics in the regulatory reporting industry.

In this episode, our host Jawad Akhtar is joined by regulatory experts Steve Nagle (Regulatory SME) and Andrew Sylvester (Regulatory Product Analyst). Together, they unpack the significant changes in Basel 3.1 implementation, credit risk frameworks, and the new SDDT regime.

This episode of FinTalk covers:

• The shift to 2027 implementation timeline and interim capital regime arrangements
• Comprehensive changes to credit risk frameworks and property exposure classifications
• Introduction of the SDDT banking framework and its operational implications
• Technical updates to regulatory reporting taxonomy and validation rules

Episode Highlights:
Steve Nagle: "The SDDT doesn't kick in till January 27th. So it is that year interim capital regime option... if companies want to opt into the SDDT regime, then for that year, they can also opt to go into the interim capital regime as well."

Andrew Sylvester: "The PRA have removed the 100 percent risk weight floor for regulatory commercial real estate exposures to corporates, including SMEs, where repayment is not materially dependent on cash flows from the property."

Listen to the full episode now on your favourite podcast platform and stay informed about the latest trends and regulations affecting your business.