Basel Committee approves annual G-SIBs assessment, updates workplan to evaluate post-crisis reforms
Basel Committee discusses Covid-19 risks to banking system; reiterates importance of using capital and liquidity buffers. Approves annual assessment exercise for global systemically important banks (G-SIBs). Updates its workplan to evaluate its post-crisis reforms to incorporate lessons learned from the Covid-19 crisis. The Basel Committee met on 14, 18 and 25 September 2020 to take stock of Covid-19 risks to...