The Basel Committee on Banking Supervision (BCBS) has published Regulatory Consistency Assessment Programme (RCAP) reports on the implementation of the net stable funding ratio (NSFR) and large exposures framework in the EU under the Basel III regulatory framework. The BCBS places a high priority on the implementation of regulatory standards underpinning the Basel III framework, and says the prudential benefits from adopting the Basel standards can only fully accrue if these are implemented in a full, timely and consistent manner by all member jurisdictions. The Committee established the RCAP to monitor, assess and evaluate its members’ implementation of the Basel III framework.

The Basel Committee on Banking Supervision (BCBS) has published details of a range of initiatives that were discussed at a virtual meeting on 12 and 13 March 2025. Amongst other things, the BCBS took stock of the work it had carried out to strengthen supervisory effectiveness based on the lessons learned from the 2023 banking turmoil.  It also agreed to analyse global practices and recent developments related to information and communication technology risk management. Finally, it agreed to further investigate banks' interconnections with non-bank financial intermediation, with a particular focus on synthetic risk transfers.

The Basel Committee on Banking Supervision (BCBS) has issued a discussion paper on how climate scenario analysis (CSA) can be practically used to help strengthen the management and supervision of climate-related financial risks. It looks at the objectives of CSA exercises and relevant features to design and use them. Responses are sought by July 2024.

The Basel Committee on Banking Supervision (BCBS) has revised its ‘Core principles for effective banking supervision’—the de facto minimum standards for the sound prudential regulation and supervision of banks and banking systems. They are universally applicable and accommodate a range of banking systems and a broad spectrum of banks. They are also used by supervisors to assess the effectiveness of their regulatory and supervisory frameworks, and by the International Monetary Fund (IMF) and World Bank as part of the Financial Sector Assessment Program (FSAP) to evaluate the effectiveness of countries' banking supervisory systems and practices.

The Basel Committee on Banking Supervision (BCBS) met in Basel on 19–20 November 2024 and unanimously reaffirmed its expectation of implementing all aspects of the Basel III framework in full, consistently and expeditiously. Such a commitment was also recently reiterated by G20 Finance Ministers and Central Bank Governors.

The Basel Committee on Banking Supervision (BCBS) has published a report on the implications of the digitalisation of finance for banks and supervision. It considers the benefits and risks of new technologies and the emergence of new technologically enabled suppliers for the provision of banking services, and identifies eight implications for banks and supervisors relating to macro-structural elements, specific digitalisation themes, and capacity building and co-ordination.

The Basel Committee on Banking Supervision (BCBS) has published details of its 28–29 February 2024 meeting, in which it approved revisions to ‘Core principles for effective banking supervision’, and agreed to consult (in March 2024) on potential measures to address window-dressing behaviour by some banks in the context of the framework for global systemically important banks (G-SIBs). The BCBS has also reaffirmed its expectation that all aspects of Basel III will be implemented in full, consistently and as soon as possible.

The Basel Committee on Banking Supervision (BCBS) has updated its principles for the management of credit risk, following a review to align them with the current Basel Framework and the latest BCBS guidelines. The update does not intend to change the content of the principles or cover new topics.

The Basel Committee on Banking Supervision (BCBS), the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have published a consultative report on transparency and responsiveness of initial margin in centrally cleared markets. It contains ten policy proposals which aim to increase the resilience of the centrally cleared ecosystem by improving participants’ understanding of central counterparty (CCP) initial margin calculations and potential future margin requirements. Responses are sought by 16 April 2024.

The Basel Committee on Banking Supervision (BCBS), the BIS Committee on Payments and Market Infrastructures (CPMI), and the International Organization of Securities Commissions (IOSCO) have published jointly their final reports on initial and variation margin in centrally cleared and non-centrally cleared markets. The reports propose practices to improve transparency, streamline margin processes, and increase the predictability of margin requirements.

Burst Can Detection

The Building Control Independent Panel (BCIP) has launched a call for evidence to gather stakeholder views on the future of England's building control system. Building on its recently published problem statement, the call for evidence sets out 16 questions covering areas such as Building Safety Regulator oversight, the balance between advice and enforcement, potential centralisation of enforcement functions and minimum inspection requirements. The feedback received will inform BCIP's recommendations to the government on reforming the building control system. The call for evidence closes on 29 August 2025.