Events listed in [BIS] Bank for International Settlements
Basel Committee publishes assessment reports on the implementation of its global ...
ID 26232
The BCBS published assessment reports evaluating the implementation of its global standards in Mexico and Switzerland. The assessments are conducted as part of the Committee’s RCAP, a comprehensive initiative aimed at evaluating the adherence of member jurisdictions to Basel standards. These assessment reports provide valuable insights into the regulatory frameworks of Mexico and Switzerland concerning NSFR, LEX, and LCR standards. The publication of such ...
Basel Committee consults on a disclosure framework for climate-related financial ...
ID 25992
The BCBS issued a consultative document on developing a Pillar 3 disclosure framework for climate-related financial risks. This effort is part of the Committee’s comprehensive strategy to manage climate-related financial risks facing the global banking system The BCBS, a key player in the global financial regulatory landscape, continues to address climate-related financial risks through a three-pillar approach, focusing on regulation, supervision, and disclosure. Back . ...
Basel Committee publishes discussion paper on digital fraud
ID 25820
The BCBS has published a discussion paper on digital fraud and its impact on the banking sector. The paper aims to provide a high-level assessment of the supervisory and financial stability implications of digital fraud for the global banking system. The paper defines digital fraud as the use of digital technologies to commit fraudulent activities, such as online fraud, cybercrime, and fraudulent use of ...
Basel Committee consults on disclosure of banks‘ cryptoasset exposures
ID 25367
The BCBS has issued a public consultation on banks‘ Disclosure of cryptoasset exposures, with a proposed implementation date of 1 January 2025. As a reminder, following a prior consultation, in December 2022 the BCBS published Prudential treatment of cryptoasset exposures, setting out the prudential treatment of banks‘ exposures to cryptoassets, including tokenised traditional assets, stablecoins and unbacked cryptoassets. As stated above, the present consultative ...
CPMI sets out harmonised ISO 20022 data requirements for enhancing cross-border ...
ID 25357
The BIS‘ CPMI has published its Harmonised ISO 20022 data requirements for enhancing cross-border payments – Final Report to the G20 to establish a consistent minimum set of messaging standards for more efficient processing of cross-border payments. These data requirements aim to facilitate straight-through processing of end-to-end payments, making them faster and more reliable. The report presents the CPMI’s harmonised ISO 20022 data requirements ...
Basel Committee publishes report on 2023 banking turmoil, agrees to consult on ...
ID 25222
The Basel Committee on Banking Supervision held a meeting in Basel on 4-5 October 2023, to assess recent developments and risks in the global banking system and discuss various policy and supervisory initiatives. One significant point of discussion was the risks and vulnerabilities facing the global banking system. Higher interest rates, while potentially beneficial for banks‘ net interest margins and income, can also expose ...
Basel Committee reports on Basel III implementation progress
ID 25192
The BCBS has released an update on the progress of Basel III implementation as of end-September 2023. This update covers the Basel III post-crisis reforms published in December 2017 and the final minimum capital requirements for market risk issued in January 2019. The implementation date for these reforms was 1 January 2023, as confirmed by the GHOS in March 2020. **Member jurisdictions have shown ...
Basel III capital ratios for largest global banks increased above pre-pandemic ...
ID 25075
The BIS-BCBS’s latest Basel III Monitoring Report, as of 31 December 2022, highlights the impact of the Basel III framework. This framework includes the December 2017 finalization of the Basel III reforms and the January 2019 finalization of the market risk framework. The report notes that after a downturn at the end of June 2022, **initial Basel III capital ratios have increased and surpassed ...
Basel Committee finds the United States largely compliant with its Net Stable ...
ID 24183
The BCBS has found that the United States is largely compliant with the global standards for the NSFR and LEX frameworks. These assessments are part of the committee’s RCAP, which monitors the implementation of Basel standards by member jurisdictions. The review process includes the assessment of initial risk-based capital standards and LCR for all member countries, as well as the framework for **G-SIBs and ...
Core principles for effective banking supervision
ID 24075
The BCBS has issued a public consultation on revisions to the Core Principles for effective banking supervision. These Core Principles serve as the minimum standards for sound prudential regulation and supervision of banks and banking systems. They are universally applicable and are used by supervisors to assess the effectiveness of their regulatory and supervisory frameworks. **The Core Principles were first issued in 1997 and ...