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
CRE51
Counterparty credit risk overview
This chapter explains the meaning of counterparty credit risk and sets out the various approaches within the Basel framework that banks can use to measure counterparty credit risk exposures.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
CRE52
Standardised approach to counterparty credit risk
This chapter sets out the standardised approach for counterparty credit risk (SA-CCR).
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
CRE53
Internal models method for counterparty credit risk
This chapter sets out the internal models method for counterparty credit risk.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
CRE54
Capital requirements for bank exposures to central counterparties
This chapter sets out the calculation of capital requirements for bank exposures to central counterparties.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
CRE55
Counterparty credit risk in the trading book
This chapter describes how to calculate risk-weighted assets for counterparty credit risk exposures in the trading book, which is treated separately from the capital requirements for market risk.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
CRE56
Minimum haircut floors for securities financing transactions
This chapter sets out the minimum haircut floors for securities financing transactions and the treatment of portfolios that breach the floors.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
CRE60
Equity investments in funds
This chapter sets out the approaches that a bank can use to calculate the risk-weighted assets for equity investments in funds.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
DIS60
Operational risk
This chapter describes disclosure requirements for operational risk.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
DIS80
Leverage ratio
This chapter describes disclosure requirements for the leverage ratio.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
CRE90
Transition
This chapter sets out the various transitional arrangements that apply to the credit risk standard.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
RBC90
Transitional arrangements
This chapter describes transitional arrangements for the output floor.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
LEV90
Transition
This chapter describes transitional arrangements that apply to the leverage ratio buffer requirement for global systemically important banks.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
MAR90
Transitional arrangements
This chapter sets out transitional arrangements for the Pillar 1 consequences of the outcomes of the P&L attribution test that apply until 1 January 2023.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
SCO95
Glossary and abbreviations
This chapter lists the abbreviations used in the Basel Framework.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
CRE99
Application guidance
This chapter provides guidance on various aspects of the credit risk standard, including illustrative examples.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
MAR99
Guidance on use of the internal models approach
This chapter sets out application guidance for backtesting requirements and principles for risk factor modellability under the internal models approach for market risk capital requirements.
  • Published 15 Dec 2019
  • Effective 01 Jan 2022
  • Status Removed on 27 Mar 2020
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 09 Nov 2021
  • Effective 09 Nov 2021
  • 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 01 Jan 2021
  • Status Current
DIS10
Definitions and applications
This chapter describes the scope of application of disclosure requirements, along with requirements on the location, frequency, timing of reporting, assurance considerations and guiding principles on high-quality disclosures.Download all of the disclosure templates and tables of the DIS standard in…
  • Published 15 Dec 2019
  • Effective 31 Dec 2020
  • Status Removed on 27 Mar 2020
DIS26
Capital distribution constraints
This chapter covers disclosures on capital distribution constraints, when required by national supervisors at a jurisdiction level.
  • Published 15 Dec 2019
  • Effective 31 Dec 2020
  • Status Removed on 27 Mar 2020
DIS40
Credit risk
This chapter describes disclosure requirements for credit risk.
  • Published 15 Dec 2019
  • Effective 31 Dec 2020
  • Status Removed on 27 Mar 2020
CAP90
Transitional arrangements
This chapter describes transitional arrangements applying to certain capital instruments, as well as transitional arrangements that may be used by jurisdictions applying expected credit loss accounting.
  • Published 03 Apr 2020
  • Effective 03 Apr 2020
  • Status Current
MGN90
Transition
This chapter sets out the transitional arrangements that apply to the margin requirements.
  • Published 03 Apr 2020
  • Effective 03 Apr 2020
  • Status Current
BCP01
The core principles
This chapter describes the Core Principles, the preconditions for effective banking supervision, the assessment methodology and criteria for assessing compliance.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
LCR10
Definitions and application
This chapter describes the scope of application of the Liquidity Coverage Ratio (LCR), the treatment of home / host liquidity requirements and liquidity transfer restrictions, and the currency in which the LCR should be met and reported.
  • 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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