What Basel 3.1 changes for UK banks on 1 January 2027
Basel 3.1, the PRA's version of the final Basel III reforms, applies to UK banks and building societies from 1 January 2027. It reworks the standardised approaches and phases in an output floor that reaches 72.5% of standardised risk-weighted assets on 1 January 2030.
By Mark Dougherty · 8 min read