Hong Kong amongst highly compliant with Basel 3 liquidity rules

Check out the progress level of Hong Kong compared with the rest of the world.

Basel III liquidity rules have not been  implemented as yet, and liquidity was not covered in  Basel II or 2.5. Below is an excerpt from the International Monetary Fund's Global Financial Stability Report showing how economies comply with the new rules.

They are given a score from 1 to 4 (increasing in implementation) for domestic regulatory initiatives regarding liuqidity in the table.

These are (1) quantitative liquidity requirements, (2) liquidity risk management requirements, and (3) foreign exchange liquidity monitoring and management. The scores are then averaged across the three categories. 

Hong Kong scored 0.75 which fared competitively with others.