Basel Committee finalises principals on climate-related financial risks and progresses work on specifying crypto-assets’ prudential treatment
June 13, 2022
On 27 May 2022, the Basel Committee met and approved a finalised set of principles for the effective management and supervision of climate-related financial risks. The Committee also progressed work on specifying crypto-asset prudential treatment and issuing a second consultation paper. Additionally, the Committee finalised the review of the treatment of cross-border exposures within the European Banking Union (EBU) on the G-SIB methodology.
