Should longer-term assets be allowed as reserve assets, the committee thinks these must overcollateralize the claims of stablecoin holders. In a consultative document published on Dec. 14, the Basel ...
The report highlights a number of important issues for effective implementation of the international resolution framework to examine further, including the need for an ‘effective public sector ...
The Basel Committee on Banking Supervision, in an effort to increase transparency and oversight in the banking sector, wants banks to disclose their crypto asset holdings. What Happened: The committee ...
LONDON (Reuters) -The world's forum for banking regulators published a framework for disclosing climate-related risks on Friday, making the implementation voluntary, following pushback from the U.S.
The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said. The fallout from the ...
The Basel Committee has published a summary of its latest meeting in which members discussed a range of initiatives. The Committee reaffirmed its commitment to full and consistent implementation of ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. When the cryptoasset standard was published in December 2022, the ...
The Basel Committee has agreed to publish a report on buffer usability and cyclicality in the Basel framework, following consideration of a 2021 interim evaluation report. The committee met in July ...