On 8 April 2020, the European Banking Authority (EBA) published two reports measuring the impact of implementing the final Basel III reforms and monitoring the current implementation of liquidity measures in the EU. Overall, the EBA estimates that the Basel III reforms, once fully implemented in 2028 after the additional delay of one year agreed by the Basel Committee on Banking Supervision, would determine an average increase by 16.1% of EU banks’ tier 1 minimum required capital. The liquidity coverage ratio of EU banks, which was fully implemented in January 2018, stood at around 147% on average in June 2019.