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The Basel Committee on Banking Supervision is an international body that sets global standards for banking regulation. The Committee is made up of representatives from central banks and financial regulatory authorities from many countries, and it is hosted by the Bank for International Settlements in Basel, Switzerland. The Committee seeks to promote the safety and soundness of the banking sector by making recommendations on banking regulation, and it has issued numerous recommendations, guidelines, and standards on topics such as capital adequacy, liquidity, risk management, and large exposures. The Basel Committee regularly publishes news, articles, and videos about its work, which can be found on its website and other sources. News articles about the Committee and its work often appear in financial and banking publications, as well as in general media outlets. The Committee also hosts regular events and workshops, which are often accompanied by press releases, videos, and other materials. Additionally, the Basel Committee's publications page includes research papers, publications, and other materials related to banking regulation.
In a consultative document published on Dec. 14, the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) proposed several measures on targeted adjustment to its standard on banks’ exposure to crypto assets. The document is the result of the review work conducted during 2023, which helped the committee formulate amendments to its original prudential