Category: Implementer.org

Governors and Heads of Supervision announce deferral of Basel III implementation to increase operational capacity of banks and supervisors to respond to Covid-19

The Basel Committee’s oversight body, the Group of Central Bank Governors and Heads of Supervision (GHOS), has endorsed a set of measures to provide additional operational capacity for banks and supervisors to respond to the immediate financial stability priorities resulting from the impact of the coronavirus disease (Covid-19) on the global banking system. “It is important that banks and supervisors...

READ MORE Governors and Heads of Supervision announce deferral of Basel III implementation to increase operational capacity of banks and supervisors to respond to Covid-19

Basel Committee discusses policy and supervisory initiatives and approves implementation reports

The Basel Committee on Banking Supervision met in Madrid on 30-31 October 2019 to discuss a range of policy and supervisory issues, and to take stock of its members’ implementation of post-crisis reforms. At its meeting, the Committee: agreed to consult on a final set of limited and targeted adjustments to the credit valuation adjustment risk framework. The paper will...

READ MORE Basel Committee discusses policy and supervisory initiatives and approves implementation reports