BIS, Prudential Treatment of CryptoAsset Exposure

BIS, Prudential Treatment of CryptoAsset Exposure

the LaLa Pete Show

01/03/2023 7:11AM

Episode Synopsis "BIS, Prudential Treatment of CryptoAsset Exposure"

In June 2022 the Basel Committee on Banking Supervision issued its second consultation on the prudential treatment of banks’ exposures to cryptoassets. The Committee has now finalised its prudential standard, which has been endorsed by the Committee’s oversight body, the Group of Governors and Heads of Supervision. This document sets out the final standard which the Committee has agreed to implement by 1 January 2025.

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