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Basel Committee advances work on addressing climate-related financial risks, specifying cryptoassets prudential treatment and reviewing G-SIB assessment methodology

The Basel Committee today announced updates on its work regarding climate-related financial risks, cryptoassets, the G-SIB assessment methodology and disclosure standards. This follows discussions on risks and vulnerabilities to the global banking system, as well as policy and supervisory initiatives, at its meetings of 21 October, and 5 and 8 November.

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