Chat GPT : The claim in that video — that a binding global BIS regulation reclassifying gold/silver as Tier 1 assets goes live starting 13 January 2026 — is not factually accurate based on official Basel Committee and LBMA statements....................

Final phase of Basel III = “Basel III endgame” (a.k.a. Basel 3.1).

What it is — direct:

• Issued by: Basel Committee on Banking Supervision under the Bank for International Settlements.
• Agreed: December 2017.
• Purpose: Close loopholes. Limit banks’ internal risk models. Standardize capital.

Core elements of the final phase:

1. Output floor

   • Bank capital requirements cannot fall below 72.5% of the standardized approach.
   • This is the heart of the endgame.

2. Revised credit risk framework

   • Tougher risk weights for:

     • Mortgages
     • Corporates
     • Specialized lending

3. Operational risk overhaul

   • Internal models abolished.
   • One standardized formula based on income + loss history.

4. Market risk (FRTB)

   • Fundamental Review of the Trading Book.
   • Much higher capital for trading desks.

5. Leverage ratio buffer

   • Extra leverage requirements for G-SIBs.

Implementation status (reality):

• EU: In force Jan 2025, phased to 2030.
• UK: Delayed, now 2027.
• US: Not implemented yet (political and banking resistance).
• Global: Fragmented. No single global “go-live” date.

Critical clarification (important):

• No new rule in the final phase that suddenly makes gold or silver “new Tier 1 assets.”
• Allocated gold already had 0% risk weight long before Basel III.
• The endgame is about capital discipline, not metal reclassification.

Bottom line: The final phase of Basel III is about forcing banks to hold more real capital, reducing model manipulation. That’s the structural shift.