Governors and Heads of Supervision reiterate commitment to Basel III implementation and provide update on cryptoasset standard

Governors and Heads of Supervision reiterate commitment to Basel III implementation and provide update on cryptoasset standard

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Governors and Heads of Supervision reiterate commitment to Basel III implementation and provide update on cryptoasset standard

Press release | 13 May 2024The Basel Committee's oversight body welcomes progress made in implementing Basel-III.Reiterates expectation to implement all aspects of the Basel Framework in full, consistently and as soon as possible.Sets updated implementation timeline for the cryptoasset standard to 1 January 2026.

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