On 8 November 2023, the Basel Committee on Banking Supervision (Basel Committee) published a document containing final technical amendments which have been integrated into the consolidated Basel Framework.
The amendments relate to: (i) the standardised approach to operational risk; (ii) the disclosure standards for credit valuation adjustment risk; (iii) the description of the calculation of indicator scores for global systemically important banks (G-SIBs); (iv) terminology used in the countercyclical capital buffer. The amendments were published for consultation in March 2023 and have been finalised as originally proposed. Basel Committee members have agreed to implement the technical amendments set out in this document as soon as practical and within three years at the latest.