Global

  • FSB Modernisation Principles: Principle 8 and the Reporting Burden

    On 14 October 2026 the Financial Stability Board (FSB) opened consultation on eight FSB modernisation principles, published as the consultation report Regulatory and Supervisory Modernisation Principles and addressed to the financial authorities of its member jurisdictions. Responses are due by Friday 8 January 2027, and the FSB says the final report will follow in the…

  • G-SIB Methodology Review: The 66% Banking Union Rule Up for Comment

    On 16 October 2026 the Basel Committee on Banking Supervision opened a consultation under its G-SIB methodology review, asking whether to write its 2022 treatment of cross-border exposures inside the European Banking Union (EBU) into chapter SCO40 of the Basel Framework. Comments are due by 14 January 2027. The consultative document runs to ten pages…

  • PFMI General Business Risk: CPMI-IOSCO’s Final LNAFE Guidance

    On 14 October 2026 the BIS Committee on Payments and Market Infrastructures (CPMI) and the Board of IOSCO published their final report on FMIs’ management of general business risks and general business losses, a 29-page set of further guidance to Principle 15 of the Principles for financial market infrastructures (PFMI). The PFMI general business risk…

  • FSB AI Sound Practices Final Report: A Governance Gap Analysis

    On 15 October 2026 the Financial Stability Board (FSB) published the final report on its FSB AI sound practices: twelve practices for the responsible adoption of artificial intelligence by financial institutions, released alongside an overview of the roughly 160 responses to the June consultation. Its operative request goes to boards and senior management, which the…

  • G-SIB Window Dressing: Basel Moves Indicators to Annual Averages

    On 16 October 2026 the Basel Committee on Banking Supervision published final amendments to SCO40, the chapter of the Basel Framework that scores global systemically important banks (G-SIBs). The G-SIB window dressing amendments change what a bank reports for the ten stock indicators behind its score: an average across the reporting year, where the framework…

  • Leverage Ratio RCAP 2026: Where Six Jurisdictions Depart from Basel

    On 13 October 2026 the Basel Committee on Banking Supervision published six Regulatory Consistency Assessment Programme (RCAP) reports on how Australia, Canada, Japan, Korea, Switzerland and the United Kingdom implement its leverage ratio framework. Australia, Japan, Korea and Switzerland were graded compliant, the highest overall grade. Canada and the UK were graded largely compliant, one…

  • FSB Global Stablecoin Note: Tracking Where Tokens and Reserves Sit

    On 12 October 2026 the Financial Stability Board (FSB) published a five-page note to the G20, Global stablecoin arrangements: Cross-border vulnerabilities and financial stability monitoring, together with a letter from its Chair, Andrew Bailey, to G20 Finance Ministers and Central Bank Governors ahead of their 15 October meeting. The FSB global stablecoin note sets out…

  • Basel III Implementation by 2027: What the BCBS Tally Leaves Out

    The Basel Committee on Banking Supervision (BCBS) reported on 5 October 2026 that three quarters of its 27 member jurisdictions have published rules adopting the final Basel III standards, and that almost all of them have publicly announced that banks must apply Basel III by April 2027 or earlier. The figures come from the Committee’s…

  • CPMI-IOSCO Cyber Resilience Toolkit: What FMIs Should Review

    On 8 September 2026, the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published the CPMI-IOSCO cyber resilience toolkit for public comment. It sets out four voluntary tools and asks central counterparties, central securities depositories, securities settlement systems, payment systems and trade repositories to look hard at how…

  • Non-Maturity Deposit Stability: What BCBS Working Paper 47 Signals

    On 20 February 2026 the Basel Committee on Banking Supervision published Working Paper No 47, a 35-page literature review titled “Literature review on non-maturity deposit stability: established factors and recent developments”. Non-maturity deposit stability is the question of how reliably sight deposits, current accounts and savings balances stay put when a bank comes under stress,…