Page 2 - Basel Framework News Today

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

St. Martin News Network - Latest News in and around the island of St. Maarten/St. Martin.

Guy Deillon of Prager Dreifuss considers the new FINMA Guidance 01/2023 and its impact on financial institutions

The collapse of numerous crypto businesses in 2022 has led to alarm and calls for increased regulation. Global Insight assesses what’s at stake and what should be done.

The Group of Central Bank Governors and Heads of Supervision GHOS, i.e., the oversight body of the Basel Committee on Banking Supervision, endorsed the finalized prudential standard on banks’ crypto-asset exposures in December 2022.

ECONOMIC AND FINANCIAL AFFAIRS - The Bank of International Settlement’s Group of Central Bank Governors and Heads of Supervision Endorses the Prudential Standard for Banks’ Crypto-Asset...

The updated Basel III framework is the principal response of the Basel Committee to the global financial crisis. The updated framework makes wide-ranging changes to the perceived...

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<li>The Basel Committees oversight body reiterates its expectation to implement all aspects of the Basel Framework consistently and as fast as possible.</li>
<li>Provides direction to the Basel Committee on its work on climate-related financial risks and cryptoassets. </li>
<li>Reviews the Committees work programme and reaffirms the importance of a stable regulatory framework to facilitate implementation.</li>&#xD...

MADISON, Wis.—The Basel Committee on Banking Supervision (Basel Committee) has issued guidance encouraging national-level regulators to consider tailoring its standards for less complex financial institutions such as credit unions—a position long-advocated for by World Council of Credit Unions that will benefit financial cooperatives and their members worldwide.

The European Securities and Markets Authority has published its final Market Abuse Guidelines on the disclosure of inside information and interactions with national prudential...