The Basel Committee on Banking Supervision has published a report on the regulations that implement the Basel capital framework in China. The report found that China’s implementation of the framework was closely aligned with the Basel III global standards, assigning an overall grading of compliant. The assessment comes as part of the Committee’s Regulatory Consistency Assessment Programme (RCAP), which monitors the timely adoption of regulations by its members, assesses their consistency with the Basle framework and analyses the quality of intended regulatory outcomes.