Basel Committee on Banking Supervision

Basel Framework

The Basel Framework is the full set of standards of the Basel Committee on Banking Supervision (BCBS), which is the primary global standard setter for the prudential regulation of banks. The membership of the BCBS has agreed to fully implement these standards and apply them to the internationally active banks in their jurisdictions. The background page describes the framework's structure and how to navigate it.

Recent changes that came into effect on:

Future changes to come into effect on:

View all past / future changes to the Basel Framework
Basel Framework

Past & future changes to the Basel Framework

Browse changes to chapters below or use the time traveller to view the framework as it was or will be on the date the below changes became or will become effective.

308 items
CRE33
IRB approach: supervisory slotting approach for specialised lending
This chapter sets out the calculation of risk-weighted assets and expected losses for specialised lending exposures subject to the supervisory slotting approach.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Removed on 08 Dec 2022
CRE33
IRB approach: supervisory slotting approach for specialised lending
This chapter sets out the calculation of risk-weighted assets and expected losses for specialised lending exposures subject to the supervisory slotting approach.
  • Published 08 Dec 2022
  • Effective 15 Dec 2019
  • Status Current
SRP33
Market risk
This chapter describes risks that supervisors should consider when evaluating banks' market risk practices under Pillar 2.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
SRP34
Operational risk
Under Pillar 2, supervisors should consider whether the Pillar 1 operational risk capital requirement is consistent with its risk exposure and peers.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Removed on 27 Mar 2020
SRP34
Operational risk
Under Pillar 2, supervisors should consider whether the Pillar 1 operational risk capital requirement is consistent with its risk exposure and peers.
  • Published 27 Mar 2020
  • Effective 15 Dec 2019
  • Status Superseded
CRE34
IRB approach: RWA for purchased receivables
This chapter sets out the calculation of risk-weighted under the internal ratings-based approach for purchased receivables.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
CRE35
IRB approach: treatment of expected losses and provisions
This chapter sets out the treatment of expected losses and provisions within the internal ratings-based approach.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
SRP35
Compensation practices
Compensation practices are an important element of banks' risk management. They should be subject to rigorous and sustained review.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
DIS35
Remuneration
The disclosures described in this chapter provide information on a bank's remuneration policy, the fixed and variable remuneration awarded during the financial year, details of any special payments made, and information on a bank's total outstanding deferred and retained remuneration.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
CRE36
IRB approach: minimum requirements to use IRB approach
This chapter sets out the minimum requirements for banks to use the internal ratings-based approach, including requirements for initial adoption and for ongoing use.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
SRP36
Risk data aggregation and risk reporting
These principles for effective risk data aggregation and internal risk reporting practices apply to systemically important banks and support internal risk management and decision-making processes.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
CRE40
Securitisation: general provisions
This chapter describes the scope, definitions, operational and due diligence requirements and structure of capital requirements used to calculate risk-weighted assets for securitisation exposures in the banking book.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
RBC40
Systemically important bank buffers
This chapter describes the higher loss absorbency requirements applying to global and domestic systemically important banks.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
LEX40
Large exposure rules for global systemically important banks
This chapter describes the tighter limits applying to exposures between global systemically important banks.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
SCO40
Global systemically important banks
This chapter describes the indicator-based measurement approach for assessing the systemic importance of global systemically important banks (G-SIBs).
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
LCR40
Cash inflows and outflows
This chapter defines the denominator of the Liquidity Coverage Ratio: net cash outflows in the specified stress scenario for the subsequent 30 calendar days.
  • Published 30 Mar 2023
  • Effective 15 Dec 2019
  • Status Current
DIS40
Credit risk
This chapter describes disclosure requirements for credit risk.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
LCR40
Cash inflows and outflows
This chapter defines the denominator of the Liquidity Coverage Ratio: net cash outflows in the specified stress scenario for the subsequent 30 calendar days.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Removed on 30 Mar 2023
CRE41
Securitisation: standardised approach
This chapter describes how to calculate capital requirements for securitisation exposures using a standardised approach (SEC-SA).
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
CRE42
Securitisation: External-ratings-based approach (SEC-ERBA)
This chapter describes how to calculate capital requirements for securitisation exposures that are externally rated or for which an inferred rating is available (SEC-ERBA).
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Removed on 31 Dec 2022
DIS42
Counterparty credit risk
This chapter describes counterparty credit risk and credit valuation adjustment disclosure requirements.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
DIS43
Securitisation
This chapter describes the disclosure requirements applying to securitisation exposures.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
CRE43
Securitisation: Internal assessment approach (SEC-IAA)
This chapter describes how to calculate capital requirements for short-term securitisation exposures according to the internal assessment by the bank of the credit quality of the exposures (SEC-IAA).
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
CRE44
Securitisation: Internal-ratings-based approach
This chapter describes how to calculate capital requirements for securitisation exposures under the SEC-IRBA.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
CAP50
Prudent valuation guidance
This chapter provides banks with guidance on prudent valuation for positions that are accounted for at fair value, whether they are in the trading book or in the banking book.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current

Background to the Basel Framework

The Basel Framework is a consolidated version of the full set of standards of the Basel Committee on Banking Supervision (BCBS), which is the primary global standard setter for the prudential regulation of banks. The membership of the BCBS has agreed to fully implement these standards and apply them to the internationally active banks in their jurisdictions.

Structure

The framework comprises the 14 standards listed below. Each standard is divided into chapters, and many chapters have multiple versions, eg a chapter may have a version that is applicable now and one that will become applicable after the Basel III reforms have been implemented. The full breakdown of all chapters and versions is available here.

If you would like to explore the source material for the consolidated Basel Framework, there is a mapping table that links each of the paragraphs of the BCBS's original published standards to their locations within the first published version the framework.

Other features of the framework include:

  • Interactive cross-references to make it easier to navigate.
  • A "time traveller" feature, which lets you select a future date and see the framework as it is due to apply at that date.
  • Answers to frequently asked questions displayed directly underneath the paragraphs to which they relate.
  • A section to view all past and future planned changes to the Basel Framework.
  • An improved search function, which makes it easier to find specific content in each standard.

If you have any questions or suggestions regarding the consolidated Basel Framework, please let us know at baselcommittee@bis.org.

The Basel Framework homepage lists all 14 standards together with a short description of their content. The "effective as of" date is the date by which the members of the BCBS have agreed to implement the standards. By default, this date is set to the launch date of the consolidated framework for standards that were already in force at the launch of the framework. For standards that have chapters that are due to change in the future, a "next version" date is shown.

Click on the name of any standard to get the list of chapters that it contains. By default, you will see the current versions of the standards that are in effect as of the day you are using the website. In cases where new chapter versions are due to come into effect in the future, the chapter can be accessed by clicking the "new future version" link shown at the bottom of the chapter description.

00:02:27
Navigating the Basel Framework
Navigating the Basel Framework
Video 9 April 2019
Navigating the Basel Framework
This tutorial explains the features of the Basel Committee's consolidated framework, bringing global standards for bank regulation and supervision together in one place.

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