The Basel Committee on Banking Supervision has launched a consultation and published a draft consolidated version of its guidelines and sound practices in a new section of the Bank for International Settlements website. The initiative is intended to make the Committee’s guidance more accessible by presenting it in a more user-friendly format, without introducing new expectations. The consolidated version reorganises existing guidelines and sound practices, previously published as separate PDF documents, into a modular structure that mirrors the approach used for the Basel Framework launched in December 2019. As part of the consolidation, the Committee removed material it considers outdated, duplicative, or superseded, reducing the overall volume of guidance by approximately 75%, and described the result as a more streamlined and “evergreen” set of expectations; it also intends to periodically review the content as standards, supervisory practices and the financial system evolve. Stakeholders are invited to respond to three questions in the consultative document by 26 June 2026, with responses to be published on the Bank for International Settlements website unless confidential treatment is requested.
Bank for International Settlements 2026-02-26
Basel Committee on Banking Supervision consults on consolidated guidelines and sound practices cutting guidance volume by about 75%
The Basel Committee on Banking Supervision has launched a consultation and published a draft consolidated version of its guidelines on the Bank for International Settlements website. This initiative aims to enhance accessibility by reorganizing existing guidelines into a modular structure, reducing content by about 75% and removing outdated material. The Committee plans periodic reviews to maintain relevance as standards and practices evolve.