On 18 December 2024, the Financial Stability Board (FSB) issued a consultation report on proposed policy recommendations to its members and standard setting bodies on leverage in non-bank financial intermediation (NBFI).
Entities in scope of the proposed recommendations are non-bank financial firms that use leverage, either financial or synthetic, including hedge
On 11 December 2024, the Basel Committee on Banking Supervision (Basel Committee) published final guidelines for counterparty credit risk (CCR) management. The guidelines will replace the Basel Committee’s ‘Sound practices for banks’ interactions with highly leveraged institutions’ published in January 1999.
CCR
CCR is the risk that the counterparty to a
On 28 November 2024, the Basel Committee on Banking Supervision (Basel Committee) published a report which describes the range of practices in implementing a positive neutral countercyclical capital buffer (CCyB).
In 2010, the Basel Committee published guidance that detailed the key requirements for operating the CCyB, and in 2017 it published
On 27 November 2024, the Basel Committee on Banking Supervision (Basel Committee) published various finalised technical amendments to the Basel Framework.
The amendments, which relate to (i) the standardised approach to credit risk and (ii) cryptoasset exposures, were published for consultation in July 2024 and have been finalised as originally proposed.
The Basel Committee plans
On 20 November 2024, the Basel Committee on Banking Supervision issued a press release which stated that it members unanimously reaffirmed their expectation of implementing all aspects of the Basel III framework in full, consistently and as soon as possible. The press release added that the Basel Committee would be issuing its guidelines for counterparty
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 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:
On 3 July 2024, the Basel Committee on Banking Supervision (Basel Committee) issued a press release following its meeting on 2 and 3 July 2024.
At this meeting, the Basel Committee:
On 30 April 2024, the Basel Committee on Banking Supervision (Basel Committee) published a consultation on guidelines for counterparty credit risk (CCR) management.
The draft guidelines are intended to provide a supervisory response to the significant shortcomings that have been identified in banks’ management of CCR, including the lessons learned from