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.

9 items
BCP01
Foreword
This chapter sets out the foreword to the Core Principles.
  • Published 25 Apr 2024
  • Effective 25 Apr 2024
  • Status Current
BCP02
Introduction to the Core Principles
This chapter outlines the objectives of the Core Principles and describes how to read the standard.
  • Published 25 Apr 2024
  • Effective 25 Apr 2024
  • Status Current
BCP10
Explanation of certain terms used in the Core Principles
This chapter provides an explanation of certain key terms that are used throughout the Core Principles.
  • Published 25 Apr 2024
  • Effective 25 Apr 2024
  • Status Current
BCP20
Assessment methodology
This chapter describes the assessment methodology.
  • Published 25 Apr 2024
  • Effective 25 Apr 2024
  • Status Current
BCP30
Preconditions for effective banking supervision
This chapter describes the preconditions for effective banking supervision.
  • Published 25 Apr 2024
  • Effective 25 Apr 2024
  • Status Current
BCP40
The Core Principles and assessment criteria
This chapter describes the criteria for assessing compliance with the Core Principles.
  • Published 25 Apr 2024
  • Effective 25 Apr 2024
  • Status Current
BCP98
Update on Committee standards, guidelines and sound practices
This chapter lists Committee standards, guidelines and sound practices that have been published since the last substantive review of the Core Principles.
  • Published 25 Apr 2024
  • Effective 25 Apr 2024
  • Status Current
BCP99
Structure and guidance for assessment reports prepared by the International Monetary Fund and World Bank
This chapter outlines guidance for the preparation of assessment reports by the International Monetary Fund and World Bank.
  • Published 25 Apr 2024
  • Effective 25 Apr 2024
  • 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

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