On 4 February 2025, the Group of Central Bank Governors and He of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met to approve the committee’s work programme and strategic priorities for the years 2025-2026.
Basel III implementation will be prioritised globally for stronger financial resilience
The committee will focus on assessing emerging risks and safeguarding banking stability
Digitalisation and liquidity management remain key aspects of the 2025-26 work programme.
This endorsement highlights a continued commitment to enhancing the stability of the global financial system through key initiatives focused on Basel III implementation, emerging risks, digitalisation, and liquidity management.
Key priorities for 2025-26
The agreed program establishes priorities for the Basel Committee during the next years, prioritising consistent and full Basel III implementation. This cross-border banking system regulatory framework tries to increase banking sector resilience as well as shield it against new financial crises. GHOS members have specified that these reforms should be equally applied across jurisdictions in order to preserve a global level playing field within the banking industry.
Basel III implementation and international consistency
Ensuring banks meet Basel III’s capital and liquidity requirements remains a key focus, aiming for consistent and full application globally. By reinforcing these standards, the Basel Committee aims to create a more resilient banking system capable of withstanding financial crises and ensuring long-term stability in the global economy
Managing emerging risks and protecting resilience
Also, the 2025-26 work programme emphasizes a number of key themes that will dominate the agenda of the Basel Committee, such as:
Risk Assessment and Preserving Resilience: The committee will continue to evaluate and respond to risks to the international banking system, considering what has been learned from the March 2023 banking turmoil.
Digitalisation of Finance: As financial technology evolves, the committee will examine how digitalisation is transforming the world of finance and its implications for financial regulation.
Liquidity: Keeping banks adequately liquid to withstand economic shocks will be a continued focus for the Basel Committee as it works to protect financial stability.
Emphasis on climate-related financial risks
To these priorities, GHOS has pledged to revisit the work of the Basel Committee on climate-related financial risks later this year, recogniszing the increasing influence of environmental issues on the financial markets.
The Basel Committee will continue to collaborate closely with other international stakeholders and standard-setting organizations to keep its initiatives in step with world financial trends and to further the overall objective of financial stability.