The ongoing COVID-19 pandemic may have delayed the rollout of the controversial Basel IV by at least one year, but that doesn’t mean that banks shouldn’t continue preparing for the inevitable. While the delay provides much-needed capacity for banks to address pressing challenges in the here and now, there is still work to be done to ensure the latest iteration of the guidelines can be applied smoothly across different jurisdictions when the time comes. So what are the remaining challenges that need to be addressed before the new implementation date?
