Banking

On 14 January 2025, the Bank for International Settlements (BIS) updated its webpage regarding its innovation hub.

The update includes information regarding the 2025-2026 work programme which includes:

  • At the start of 2025, the innovation hub’s project portfolio consisted of 26 active projects and 31 projects completed since its establishment in 2019. BIS

On 5 December 2024, the Financial Stability Board (FSB) published its 2024 Resolution Report.

The Resolution Report takes stock of the FSB resolution-related work of the past year as well as of the progress made by FSB members in implementing resolution reforms and enhancing resolvability across the banking, financial market infrastructure, and

On 26 November 2024, the Financial Stability Board (FSB) published the 2024 list of global systemically important banks (G-SIBs) and the Basel Committee on Banking Supervision (Basel Committee) published additional information relating to the 2024 G-SIB assessment.

The FSB confirmed that no banks have been removed or added to

On 13 November 2024, the Financial Stability Board (FSB) issued a public statement that sought to clarify the importance of resolution preparedness for those banks that are not global systemically important (G-SIB) but may be systemically significant or critical if they fail.

The public statement is informed by a workshop that

On 23 October 2024, the Financial Stability Board (FSB) published a report on depositor behaviour and interest rate and liquidity risks in the financial system, drawing on lessons from the March 2023 banking turmoil.

In the report the FSB summarises its main findings from its work over the past year to:

  • Assess vulnerabilities

On 11 October 2024, the Basel Committee on Banking Supervision (Basel Committee) published a report providing an update to G20 Finance Ministers and Central Bank Governors on its analytical work of the 2023 banking turmoil. Specifically, the report provides an update on the analytical work on liquidity risk dynamics that were observed during the turmoil

On 17 July 2024, the Basel Committee on Banking Supervision (Basel Committee) published its final disclosure framework for banks’ cryptoasset exposures and targeted amendments to its cryptoasset standard. Both standards have an implementation date of 1 January 2026.

The final disclosure framework (DIS55) is based on the disclosure requirements contained in the final

On 16 July 2024, the Basel Committee on Banking Supervision (Basel Committee) announced that it had made targeted adjustments to the specified interest rate shocks in the interest rate risk in the banking book (IRRBB) standard.

The IRRBB standard requires banks to calculate measures of interest rate risk for their banking

On 9 July 2024, the Basel Committee on Banking Supervision published a consultative document on Principles for the sound management of third-party risk.

The Principles contained in the consultative document are intended to supersede those in the 2005 Joint Forum paper Outsourcing in financial services specifically for the banking sector. There are 12 high-level principles

On 5 July 2024, the Basel Committee on Banking Supervision issued a consultation on two technical amendments to the Basel Framework and seven new FAQs and one updated FAQ.

The two technical amendments:

  • Align the formula