The framework brings together all of the Basel Committee’s global standards for the regulation and supervision of banks.
The BCBS (Basel Committee on Banking Supervision) has launched its consolidated Basel Framework.
The framework brings together all of the BCBS’s global standards for the regulation and supervision of banks and presents them on a new section of its website.
In April 2019, a draft version of the consolidated Basel Framework was published using a new format which focused on reorganising existing requirements. The draft version was published alongside a consultative document outlining some of the inconsistencies and ambiguities that were revealed during preparation of the standards in the new format.
The BCBS has reviewed the feedback to the consultation and finalised the first (non-draft) version of the consolidated framework. The publication sets out the changes that the BCBS agreed to make relative to the draft version of the framework and lists the new FAQs added to the framework since the draft version.
An overview of the structure and features of the Basel Framework is available here.
The complete Basel Framework is now available for download here (1625 pages).