During the next two to three years, major financial institutions that must meet the New Basel Capital Accord (Basel II) guidelines must work to ensure that they have the appropriate IT infrastructure ...

The pledge by the Federal Reserve and other U.S. banking agencies to set capital levels at or above those required by the Basel framework proves that the results of the notice and comment period have ...

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 ...

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 ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Cryptoassets The Committee reviewed the comments received on its ...

The Basel Committee on Banking Supervision (BCBS) has endorsed its global crypto banking rules for implementation by Jan. 1, 2025, according to an emailed statement on Friday. An accompanying document ...

The Basel Committee on Banking Supervision approved a disclosure framework for banks' exposure to crypto that must be implemented by the start of 2026 as the world's central banks look to support ...