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
CRE22
Standardised approach: credit risk mitigation
This chapter sets out the standardised approaches for the recognition of credit risk mitigation, such as collateral and guarantees.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
DIS25
Composition of capital and TLAC
The disclosures described in this chapter cover the composition of regulatory capital, the main features of regulatory capital instruments and, for global systemically important banks, the composition of total loss-absorbing capacity and the creditor hierarchies of material subgroups and resolution…
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
RBC25
Boundary between the banking book and the trading book
This chapter sets out guidance on instruments to be included in the trading book.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
OPE25
Standardised approach
This chapter sets out two standardised approaches (the Standardised Approach and the Alternative Standardised Approach) for calculating operational risk capital requirements, based on a division of a bank's activities into eight business lines.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
NSF30
Available and required stable funding
This chapter describes how to calculate the amount of available stable funding provided by a bank's liabilities and equity and how to calculate the amount of required stable funding for a bank's assets and off-balance-sheet activities.
  • Published 05 Jul 2024
  • Effective 15 Dec 2019
  • Status Current
MAR30
Internal models approach
This chapter sets out minimum requirements for banks to use internal models to calculate risk-weighted assets for market risk.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
OPE30
Advanced Measurement Approaches
This chapter describes the criteria that banks must meet to be able to calculate operational risk capital requirements based on internal risk measurement systems.
  • Published 27 Mar 2020
  • Effective 15 Dec 2019
  • Status Superseded
RBC30
Buffers above the regulatory minimum
This chapter describes buffers that banks are expected to maintain above the minimum risk-based capital requirements, as well as the capital conservation requirements that apply to banks that do not maintain such buffers.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
LCR30
High-quality liquid assets
This chapter defines the qualifying criteria for high-quality liquid assets.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Removed on 05 Jun 2020
LEX30
Exposure measurement
This chapter describes the value of exposures to counterparties used in the large exposures framework, including those for which a specific treatment is deemed necessary.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
NSF30
Available and required stable funding
This chapter describes how to calculate the amount of available stable funding provided by a bank's liabilities and equity and how to calculate the amount of required stable funding for a bank's assets and off-balance-sheet activities.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Removed on 30 Mar 2023
DIS30
Links between financial statements and regulatory exposures
This chapter describes requirements for banks to disclose reconciliations between elements of the calculation of regulatory capital to audited financial statements.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
OPE30
Advanced Measurement Approaches
This chapter describes the criteria that banks must meet to be able to calculate operational risk capital requirements based on internal risk measurement systems.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Removed on 27 Mar 2020
NSF30
Available and required stable funding
This chapter describes how to calculate the amount of available stable funding provided by a bank's liabilities and equity and how to calculate the amount of required stable funding for a bank's assets and off-balance-sheet activities.
  • Published 30 Mar 2023
  • Effective 15 Dec 2019
  • Status Removed on 05 Jul 2024
SCO30
Banking, securities and other financial subsidiaries
This chapter describes the treatment of financial subsidiaries within banking groups subject to the Basel framework.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
LEV30
Exposure measurement
This chapter defines the exposure measure used for calculating the leverage ratio. This generally follows the accounting values, complemented by specific treatments for exposures related to derivative transactions, securities financing transactions and off-balance sheet items.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
LCR30
High-quality liquid assets
This chapter defines the qualifying criteria for high-quality liquid assets.
  • Published 05 Jun 2020
  • Effective 15 Dec 2019
  • Status Current
CAP30
Regulatory adjustments
This chapter describes adjustments that must be made to the components of regulatory capital in order to calculate the amount of a bank's capital resources that may be used to meet prudential requirements.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
SRP30
Risk management
The risk management principles in this chapter reinforce how banks should manage and mitigate their risks that are identified through the Pillar 2 process.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
CRE30
IRB approach: overview and asset class definitions
This chapter sets out an overview of the internal ratings-based approach to credit risk, including the categorisation of exposures, a description of the available approaches and the roll-out requirements.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
SRP31
Interest rate risk in the banking book
This chapter describes requirements on assessing interest rate risk in the banking book, ie the current or prospective risk to a bank's capital and to its earnings, arising from the impact of adverse movements in interest rates on its banking book. Due to the heterogeneous nature of this risk, it…
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
CRE31
IRB approach: risk weight functions
This chapter sets out the calculation of risk-weighted assets for (1) corporate, sovereign and bank exposures; (2) retail exposures; and (3) equity exposures.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
LCR31
Alternative liquidity approaches
This chapter describes alternative liquidity approaches available in jurisdictions with an insufficient supply of Level 1 high-quality liquid assets in their domestic currency.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Current
SRP32
Credit risk
This chapter describes aspects of credit risk not fully captured under Pillar 1 that should be considered under Pillar 2, including counterparty credit risk and securitisation.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded
CRE32
IRB approach: risk components for each asset class
This chapter sets out the calculation of the risk components used (eg PD, LGD, EAD, M) for each asset class.
  • Published 15 Dec 2019
  • Effective 15 Dec 2019
  • Status Superseded

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.

You might also be interested in

DISCOVER
BCBS publications
LEARN MORE
About the BCBS
DISCOVER
Basel Standards