The implementation of Basel III and its consequences for Polish and European banking
Started in 2010, the form of actions on the implementation of European law regulations Basel III is
becoming more and more advanced. However, despite the anticipated starting date of the new
regulations on January 1, 2013, still there are discussions and numerous details to be clarified.
These delays are not only due to the European system’s possible unpreparedness for rules ofCRDIV/
CRR, but also because of the heated discussions on the plans to introduce a banking union, which
would obligatorily include all countries of the euro zone. Lack of consensus on the forms of uniform
international supervision of banks is also a serious problem in Poland. Although the country
would like to participate in the creation of a banking union, its participation in it is not recommended
by reason of the possible high costs. The purpose of this article is to show the degree of
preparedness of European and Polish banking sector to adopt the Basel III regulations, and to
show the risks that may arise in connection with the Polish accession to the banking union. In the
paper bases on an analysis of reports from research centers and institutions as well as on the
analysis of data provided by national supervisors and banks.

Started in 2010, the form of actions on the implementation of European law regulations Basel III is
becoming more and more advanced. However, despite the anticipated starting date of the new
regulations on January 1, 2013, still there are discussions and numerous details to be clarified.
These delays are not only due to the European system’s possible unpreparedness for rules ofCRDIV/
CRR, but also because of the heated discussions on the plans to introduce a banking union, which
would obligatorily include all countries of the euro zone. Lack of consensus on the forms of uniform
international supervision of banks is also a serious problem in Poland. Although the country
would like to participate in the creation of a banking union, its participation in it is not recommended
by reason of the possible high costs. The purpose of this article is to show the degree of
preparedness of European and Polish banking sector to adopt the Basel III regulations, and to
show the risks that may arise in connection with the Polish accession to the banking union. In the
paper bases on an analysis of reports from research centers and institutions as well as on the
analysis of data provided by national supervisors and banks.