The U.S., E.U. and Japan may be at risk of failing to adopt global standards that will greatly improve the quality and quantity of capital that banks must hold, according to global regulators on Monday.

In its latest progress report, the Basel Committee on Banking Supervision said it discovered deficiencies among the 27 member countries in how they were adopting Basel III, which regulators signed off on in September to help skirt a repeat of the 2008 financial crisis.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.