Basel Committee Reviews AI Cyber Risks, Cryptoasset Standards, and Liquidity Frameworks at Latest Meeting

The Basel Committee on Banking Supervision reviewed emerging risks at its latest meeting in Basel, including artificial intelligence-driven cyber threats, cryptoasset prudential standards, and liquidity risk frameworks. The Committee confirmed it is accelerating its targeted review of cryptoasset exposure elements and plans to provide updates later this year. Banking conditions remain resilient overall, but the Committee warned that geopolitical tensions, inflationary pressures, and technological risks could test resilience over time. The Committee also agreed to consider targeted updates to its 2008 Principles for Sound Liquidity Risk Management and Supervision to address structural changes in modern banking environments, including digital adoption and faster funding flows.
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