Finalisation of various technical amendments

This document sets out various technical amendments to the Basel Framework. The amendments relate to: (i) the standardised approach to operational risk; (ii) the disclosure standards for credit valuation adjustment (CVA) risk; (iii) the description of the calculation of indicator scores for global systemically important banks (G-SIBs); (iv) terminology used in the countercyclical capital buffer. The amendments were published for consultation in March 2023 and have been finalised as originally proposed. Basel Committee members have agreed to implement the technical amendments set out in this document as soon as practical and within three years at the latest.

Technical amendments are defined as changes in standards that are not substantial in nature but that cannot be unambiguously resolved based on the current text.