Finance › Speeches › Pablo Hernández de Cos

Old risks, new challenges, same objective: the work programme of the Basel Committee in 2022

· Pablo Hernández de Cos, Chair of the Basel Committee on Banking Supervision (International)

Summary written by Dark Majestic in its own words · topics: financial stability, banking regulation and supervision, payments, digital money and crypto-assets

PH
· Pablo Hernández de Cos Wiki · Basel Committee on Banking Supervision WikiOld risks, new challenges, same objective: the work programme of the Basel Committee in 2022

ContextKeynote speech by Pablo Hernández de Cos, Chair of the Basel Committee on Banking Supervision and Governor of the Bank of Spain, at the Eurofi High-Level Seminar 2022, 25 February 2022.

Why it mattersThe Basel chair sets the 2022 work programme on buffers and crypto.

Problems raised
  1. Buffers may not be usable in stress.
  2. Crypto-assets pose cross-border risks.
  3. Supervisory practices vary.
Solutions proposed
  1. Evaluate buffer usability and procyclicality.
  2. Identify gaps in crypto regulation.
  3. Strengthen supervisory coordination.
Read full speech on bis.org ↗

More from Pablo Hernández de Cos · Basel Committee on Banking Supervision · all speeches

More speeches by Pablo Hernández de Cos

Other leaders on financial stability