BIS Press Releases

Basel Committee Discusses Cryptoasset Standard and Repo Market Vulnerabilities

The Basel Committee on Banking Supervision met to discuss vulnerabilities in government bond-backed repo markets and progress on a targeted review of its cryptoasset exposure standard. The committee also approved technical amendments to the standardized approach to operational risk and a response to a market risk framework FAQ.

Basel Committee Appoints Ben Gully as Secretary General

The Bank for International Settlements (BIS) announced the appointment of Ben Gully as the next Secretary General of the Basel Committee on Banking Supervision for a three-year term starting August 14, 2026. Mr. Gully, currently Deputy Superintendent at Canada's OSFI, will lead the Committee's Secretariat.