Final Guideline D-12: Public Disclosure Requirements related to Basel III Leverage Ratio

Document Properties

  • Type of Publication: Letter
  • Date: September 22, 2014
  • Audiences: Banks / BHC / T&L / Retail Associations

On January 12, 2014, the Basel Committee on Banking Supervision (BCBS) issued its final rules on the Basel III leverage ratio framework and disclosure requirementsFootnote 1 (the BCBS LR Framework).  The BCBS LR Framework introduces a simple, transparent, non-risk based leverage ratio to act as a credible supplementary measure to the risk-based capital requirements and includes public disclosure requirements (BCBS LR disclosure requirements) starting January 1, 2015.

This guideline provides clarification on the implementation of the BCBS LR disclosure requirements for all institutionsFootnote 2 and builds on OSFI’s November 2007 AdvisoryFootnote 3 on Pillar 3 Disclosure Requirements.

Questions regarding this guideline should be addressed to Catherine Girouard, Capital Division by email at or by telephone at (613) 991‑0604 or to Kenneth Leung, Accounting Policy Division by email at by telephone at (416) 973‑2103. 

Yours truly,

Mark Zelmer
Deputy Superintendent


Footnote 1

BCBS January 12, 2014: Basel III leverage ratio framework and disclosure requirements

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Footnote 2

Banks and bank holding companies, to which the Bank Act applies; federally regulated trust or loan companies, to which the Trust and Loan Companies Act applies; and cooperative retail associations, to which the Cooperative Credit Associations Act applies; are collectively referred to as “institutions”.

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Footnote 3

OSFI Advisory November 2007:  

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