Financial Regulatory Developments 14 November - Bank for International Settlements/Basel Committee of Banking Supervision (BIS/Basel Committee)

Basel Committee publishes national discretions report: The Basel Committee has published its findings following a review of how its members have implemented national discretions in the Basel capital framework. It will now consider whether to remove any of the discretions. (Source: Basel Committee Publishes National Discretions Report)

BIS publishes cyber resilience report: BIS' Committee on Payments and Market Infrastructures has published a report on cyber resilience in financial market infrastructures (FMIs). It notes this is a high priority for FMIs and identifies as a particular risk the interconnectedness of the entities. (Source: BIS Publishes Cyber Resilience Report)

Basel publishes update reports: The Basel Committee has published reports for the G-20 to consider in advance of the Brisbane Summit. The reports address:

• measures to reduce excessive variability in banks' regulatory capital ratios; and 
• implementation of Basel III standards since the 2013 progress report to G-20 Leaders. 

(Source: Basel Publishes Update Reports)