BCBS consults on consequential amendments to the Basel framework

The Basel Committee on Banking Supervision (BCBS) has published a consultation on consequential amendments to the Basel framework, following the finalisation of a new section of its website that brings together its guidelines and sound practices for banks and supervisors in a modular format, replacing PDF versions.

The BCBS proposes to amend the Basel framework by updating cross-references so that they refer to the relevant chapters of the consolidated guidelines and to migrate certain "application guidance" chapters from the Basel Framework to the consolidated guidelines. This is intended to reduce the proliferation of guidance materials across the BCBS's website and to more clearly distinguish between standards and guidelines. The deadline for comments is 21 December.

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