The Basel Committee has proposed revisions to its 2006 bank supervision principles, adding four new principles and 36 new assessment criteria. While the overarching standards remain largely the same, many of the modifications will provide a more robust supervisory framework and granular evaluation process. Notable among the changes are new principles on “resolvability,” concentration risk, corporate governance, disclosure and transparency.

The full report is available to retainer clients.  To find out how you can sign up for the service, click here.