On 13 March 2025, the Basel Committee on Banking Supervision (Basel Committee) issued a press release following its virtual meeting.

At the meeting, the Basel Committee discussed a range of initiatives including the following:

• Lessons learned from the 2023 banking turmoil. The Basel Committee took stock of its work to develop practical tools to support supervisors and an update on the outcome of this work will be published by mid-2025.
• Information and communication technology. The Basel Committee will be analysing recent developments and global practices related to banks’ information and communication technology risk management. The Basel Committee plans to publish in 2026 a range of practices report summarising its findings.
• Non-bank financial intermediation. Over the coming year the Basel Committee will conduct a deep-dive investigation on synthetic risk transfers.

Basel III. The Basel Committee reviewed and approved the assessment reports on the implementation of the net stable funding ratio and large exposures framework by Türkiye. The reports will be published next month.