BIS Basel Committee approval of a disclosure framework and capital standard for banks’ crypto-asset exposures and amendments to interest rate risk in the banking book standard, and agreement to consult on third-party risk principles, 3 July 2024

On 3 July 2024, the Bank for International Settlements (BIS) published an item on the Basel Committee on Banking Supervision’s (BCBS) approval of a finalised disclosure framework with a standardised set of tables and templates covering banks’ crypto-asset exposures, as well as a set of targeted revisions to the crypto-asset prudential standard. A framework for banks’ crypto-asset exposures, the updated crypto-asset prudential standard, and the updated standard on IRRBB will be published later in July 2024, with an implementation date of 1 January 2026. A consultation on principles for the sound management of third-party risk will be published later in July 2024.