1. Bank regulation -

1.1 Prudential Regulation -

(a) General -

(i) International -

BCBS: Consultation on report regarding various technical amendments and FAQs -

Status: Consultation -

Deadline for the submission of comments 19/08/2024 -

The BCBS has launched a consultation on proposals for certain technical amendments to the Basel framework. The proposed amendments: (i) address an inconsistency in the definition of specialised lending between the standardised and internal ratings-based approaches to credit risk; and (ii) align the formula for aggregating curvature positions for Group 2a crypto-asset exposures with the formula applied to other asset classes under the market risk framework. The BCBS has also published a set of finalised FAQs on certain implementation issues which can be clarified without the need for changes to the standard. The FAQs are set out in the annex to the consultation and will be added to the Basel framework. As they do not change the standards themselves, the FAQs are issued in final form and are not subject to consultation.

Date of publication: 05/07/2024 -