Work programme
The Basel Committee maintains a two-year work programme that outlines the strategic priorities for its policy, supervisory and implementation activities.
The programme is endorsed by the Group of Governors and Heads of Supervision and is developed under the direction of the Committee Chair.
Basel Committee work programme and strategic priorities for 2025/26
The key themes of the Committee's 2025-26 work programme include the following:
- Basel III implementation;
- Risk assessment and safeguarding resilience;
- Digitalisation of finance; and
- Liquidity.
The Committee's work programme builds on its mandate to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing global financial stability. In undertaking its work, the Committee will continue to collaborate and cooperate with a wide range of stakeholders. This includes ongoing collaboration with other standard-setting bodies and international fora on cross-sectoral financial initiatives. The Committee will also continue to pursue its long-established approach of seeking the views and inputs of a wide range of external stakeholders.
Basel III implementation
The full, timely and consistent implementation of Basel III continues to be the highest priority for the Committee. To that end, the Committee will pursue a range of initiatives aimed at promoting this objective, including monitoring and evaluating the impact of its standards and facilitating the accessibility of its outputs. It will continue to monitor the adoption of all Basel III standards in member jurisdiction. It will also complete the jurisdictional assessments related to the net stable funding ratio and large exposures framework and initiate those related to the outstanding Basel III standards.
Risk assessment and safeguarding resilience
Against the backdrop of an uncertain outlook and a range of growing risks, the Committee will continue to pursue a forward-looking approach to identifying and analysing risks and vulnerabilities to the banking system with a view to safeguarding banks' resilience.
As part of this work, the Committee will pursue a deep dive analytical investigation on banks' interconnections with non-bank financial intermediation. In addition, the Committee will continue its twin-tracked response to the 2023 banking turmoil, which consist of: (i) strengthening supervisory practices; and (ii) assessing whether specific features of the Basel Framework performed as intended during the turmoil, such as liquidity risk and interest rate risk in the banking book and whether there is a need to explore policy options over the medium-term.
Digitalisation of finance
The Committee will pursue various analytical and supervisory initiatives related to the digitalisation of finance.
The Committee will continue its horizon scanning of recent digitalisation developments, including on artificial intelligence-related issues. It will also continue to monitor cryptoasset market developments and the implementation of its finalised cryptoasset prudential standard and related disclosure framework. The Committee will also continue to monitor developments related to digital fraud from a prudential perspective.
Supervisory initiatives will include the finalisation of the Committee' supervisory principles for the sound management of third-party risk and work on information and communication technology risk management.
Liquidity
Drawing on the lessons from the 2023 banking turmoil, the Committee will pursue a range of analytical, supervisory and potential regulatory initiatives related to banks' liquidity. This will prioritise work on developing practical supervisory tools related to the supervision of banks' liquidity risk. Consideration of potential additional measures aimed at revising the regulation of liquidity risk may be considered over the medium term.