Basel Committee work programme and strategic priorities for 2025/2026

The Basel Committee work programme for 2025/2026 outlines the strategic priorities for its policy, supervisory and implementation activities for the two-year period.

The key themes of the committee’s 2025-2026 work programme include:

  1. Basel III implementation
  2. Risk assessment and safeguarding resilience
  3. Digitalisation of finance; and
  4. Liquidity.

The work programme builds on its mandate to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing global financial stability. The Committee will also continue to pursue its long-established approach of seeking the views and inputs of a wide range of external stakeholders.

Basel III implementation

The committee will prioritise the full, timely and consistent implementation of Basel III. It will monitor and evaluate the impact of its standards, ensure accessibility of its outputs, and oversee the adoption of Basel III standards in member jurisdictions. Additionally, it will complete assessments related to the net stable funding ratio and large exposures framework, and initiate assessments for the remaining Basel III standards.

Risk assessment and safeguarding assessment

The Committee will continue a forward-looking approach to identify and analyse risks to the banking system, ensuring resilience. It will investigate banks’ interconnections with non-bank financial intermediation and respond to the 2023 banking turmoil by strengthening supervisory practices and assessing the Basel Framework’s performance, particularly regarding liquidity and interest rate risks.

Digitalisation of finance

The committee will pursue various initiatives related to the digitisation of finance, including:

  • Horizon scanning: Monitoring developments in digitalisation, including AI-related issues.
  • Crypto assets: Tracking market developments and implementing prudential standards and disclosure frameworks
  • Digital fraud: Monitoring from a prudential perspective

Supervisory initiatives will include finalising principles for managing third-party risk and working on ICT risk management.

Liquidity

The committee will focus on developing practical supervisory tools for banks’ liquidity risk, drawing lessons from the 2023 banking turmoil. It will also consider potential additional measures to revise liquidity risk regulation over the medium term.

Credit risk management consultation

In addition, on February 5, the BCBS also released a public consultation on a targeted update of the Principles for management of credit risk (‘Credit Risk Principles’), which were initially published in 2000.

The BCBS recently reviewed the Credit Risk Principles and found that, while they continue to relevant, there are certain aspects that have “become either obsolete, superseded and redundant, or are not fully aligned with the current Basel Framework” necessitating a limited set of technical amendments that are not intended to change the content of the Principles.

The deadline for comments on the consultation is 21 March 2025.