On 20 September 2018, the Basel Committee on Banking Supervision (BCBS) published a press release on the outcome of their meeting  of 19 and 20 September 2018 (the Press Release).  The Press Release notes that the BCBS discussed:

  • the results of the annual assessment exercise for global systemically important banks (G-SIBs). The BCBS also agreed to publish the high-level indicator values of all the banks that are part of the G-SIB assessment exercise;
  • progress on revising the market risk framework. The BCBS expects to finalise these revisions around the end of the year;
  • banks’ responses to regulatory change, including potential arbitrage transactions. In relation to this, the BCBS intends to release a newsletter on leverage ratio window-dressing behaviour; and
  • the outcome of the BCBS review on the impact of the leverage ratio on client clearing. A consultation paper will be published in October to seek the views of stakeholders as to whether the exposure measure should be revised and, if so, on targeted revision options.

Moreover, the BCBS will also publish a revised version of its principles on stress testing, following a December 2017 consultation. Further, the BCBS exchanged views on banks’ exposures to crypto assets and associated risks: further work on this topic was agreed. The next meeting of the BCBS is scheduled for 26-27 November 2018.