The Basel Committee on Banking Supervision has issued a public consultation on banks' disclosure of cryptoasset exposures.
The consultation is based on the disclosure requirements contained in the final prudential standard on the treatment of bank's cryptoasset exposures published in December 2022.
The consultative document proposes a standardised disclosure table and set of templates for banks' cryptoasset exposures, with a proposed implementation date of 1 January 2025.
The Committee expects that the use of the common disclosure table and templates will support the exercise of market discipline and help to reduce information asymmetry amongst banks and market participants.
Comments received
The Committee wishes to thank those who have taken the time and effort to express their views on the above consultation. The comments received are available in PDF format below.