Governors and Heads of Supervision reaffirm expectation to implement Basel III and discuss work on financial impact of extreme weather events

Governors and Heads of Supervision reaffirm expectation to implement Basel III and discuss work on financial impact of extreme weather events

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Governors and Heads of Supervision reaffirm expectation to implement Basel III and discuss work on financial impact of extreme weather events

Press release | 12 May 2025Group of Central Bank Governors and Heads of Supervision (GHOS) unanimously reaffirm their expectation to implement Basel III in full and consistently and as soon as possible.The Basel Committee will publish a voluntary disclosure framework on climate-related financial risks for jurisdictions to consider.

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