BCBS

Consolidated Basel Framework – core principles for effective banking supervision (BCP)

The Basel Core Principles provide a comprehensive standard for establishing a sound foundation for the regulation, supervision, governance and risk management of the banking sector.

Prudential treatment of cryptoasset exposures

This standard sets out how the Basel Framework is to be applied in respect of banks’ exposures to cryptoassets. The implementation date is 1 January 2025. The standard has been integrated into the consolidated Basel Framework.

Principles for the effective management and supervision of climate-related financial risks

This document is intended to promote a principles-based approach to improving both banks' risk management and supervisors' practices related to climate-related financial risks.

Principles for the Sound Management of Operational Risk

The document outlines a set of principles that provide a framework for the effective management and supervision of operational risk, for use by banks and supervisory authorities when evaluating operational risk management policies and practices. It updates the February 2003 Sound Practices for the Management and Supervision of Operational Risk.

Principles for operational resilience

The objective of these guidelines is to promote a principles-based approach to improving bank’s operational resilience.

Supplemental note to External audits of banks – audit of expected credit loss

The objective of these guidelines is to contribute to the high-quality audits of internationally active banks by communicating supervisory expectations for the audit of ECL estimates and providing questions that banks' audit committees may ask the external auditor.

Supervisory issues associated with benchmark transition: Report to the G20

Report on the remaining challenges in transitioning from LIBOR, with recommendations to support transition.

FSB and Basel Committee set out supervisory recommendations for benchmark transition

Report recommends actions to facilitate financial and non-financial firms’ transition from LIBOR by end-2021.

Financial policymakers discuss responses to COVID-19 with the private sector

Official and private sector participants discuss effectiveness of COVID-related financial policy measures.

Consolidated Basel Framework – scope and definitions (SCO)

This standard describes the scope of application of the Basel Framework.
Last updated: December 2022

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