Global banking regulators push forward on ICT risk management, cryptoasset standards, and liquidity principles amid heightened economic uncertainty.
The Basel Committee on Banking Supervision will publish a report on information and communication technology (ICT) risk management practices following its May 2026 meeting. The move aims to address growing cybersecurity and operational risks in the banking sector amid rapid digitalization and evolving threats.
Regulators also progressed a targeted review of prudential standards for banks’ cryptoasset exposures, reflecting concerns over volatility and systemic risks. Additionally, the committee is considering updates to liquidity risk principles to enhance resilience in an environment of persistent inflation and geopolitical tensions.
Members noted the global banking system remains resilient due to strong capital and liquidity buffers but warned of second-order effects from conflicts, supply chain disruptions, and sector-specific pressures, particularly in energy and agriculture.