Where next for the Basel Committee?
27 April 2023 · 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 , climate, energy and nature
PH 27 Apr 2023 · Pablo Hernández de Cos Wiki · Basel Committee on Banking Supervision Wiki Where next for the Basel Committee? Context Keynote 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 2023, Stockholm, 28 April 2023.
Why it matters The Basel chair calls the spring turmoil a real stress test for global rules.
Problems raised The 2023 turmoil was a real stress test. Some banks proved fragile. Climate risks may not be captured. Solutions proposed Implement Basel III fully. Learn lessons from the turmoil. Consider regulatory measures for climate risks. 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
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