Basel Committee advances work on addressing climate-related financial risks, specifying cryptoassets prudential treatment and reviewing G-SIB assessment methodology

Basel Committee advances work on addressing climate-related financial risks, specifying cryptoassets prudential treatment and reviewing G-SIB assessment methodology

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Basel Committee advances work on addressing climate-related financial risks, specifying cryptoassets prudential treatment and reviewing G-SIB assessment methodology

Press release | 09 November 2021Basel Committee agrees to consult on principles for the effective management and supervision of climate-related financial risks.Considers feedback regarding consultation on cryptoasset exposures, reiterates importance of conservative risk-based approach and agrees next steps.

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