A Government Accountability Office report warns the Office of the Comptroller of the Currency to clarify which records from ...
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 ...
The UK’s long-delayed final Basel III capital rules will come into force on January 1 2027, ending years of uncertainty over ...
LONDON, Oct 5 (Reuters) - Global banking regulators on Thursday said supervisors need to up their game to better spot and tackle "outlier" banks with unsustainable business models to apply lessons ...
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 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 ...
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 ...
Experts and advocates reacted with concern and disappointment after the world’s top financial regulators agreed on Monday to shift the climate focus of the Basel Committee on Banking Supervision ...
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 on Banking Supervision has released draft guidelines stipulating that financial institutions should offer numerical and descriptive data concerning their cryptocurrency dealings.