Sat, Dec 7, 2024

The official Financial Regulation Journal of SAIFM

Enhancing Financial Transparency: Basel Committee’s Crypto Asset Disclosure Framework

The Basel Committee has issued a consultative document on the disclosure of crypto asset exposure, aiming to enhance transparency and market discipline. This initiative introduces proposed standardised disclosure templates in a dedicated chapter, DIS55: Cryptoasset Exposures, within the Basel Framework. These templates are set to streamline disclosures and reduce information disparities among banks and stakeholders. The Committee seeks input from the public and market participants, including Pillar 3 disclosure users and preparers, to refine this framework. Comments should be submitted here by 31 January 2024, with the option for confidentiality upon request.

Disclosure of crypto asset exposures

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