Basel Committee work programme and strategic priorities for 2023/24
16 December 2022
The Basel Committee maintains a two-year work programme that outlines the strategic priorities for its policy, supervision and implementation activities. The programme is endorsed by the Group of Governors and Heads of Supervision and is developed under the direction of the Committee Chair.
In pursuing its work programme, the Committee will be guided by the following principles:
About the Committee's work
The core of the work undertaken by the Basel Committee focuses on:
- exchanging information on developments in the banking sector and financial markets to help identify current or emerging risks for the global financial system
- sharing supervisory issues, approaches and techniques to promote common understanding and improve cross-border cooperation
- establishing and promoting global standards for the regulation and supervision of banks, as well as guidelines and sound practices
- addressing regulatory and supervisory gaps that pose risks to financial stability
- monitoring the implementation of BCBS standards in member countries and beyond to encourage their timely, consistent and effective implementation
- consulting with central banks and bank supervisory authorities which are not members of the BCBS to benefit from their input into the BCBS policy formulation process and to promote the implementation of BCBS standards, guidelines and sound practices beyond BCBS member countries
- coordinating and cooperating with other financial sector standard setters and international bodies, particularly those involved in promoting financial stability