BCBS issues consultation on consolidated guidelines and sound practices
This consultative document outlines a new initiative to organize its extensive library of regulatory guidance and industry practices. By transitioning from individual PDF documents to a consolidated modular framework, the Committee aims to improve the accessibility and long-term maintenance of these materials. This reorganization involves streamlining existing content by removing outdated or repetitive information, resulting in a substantial reduction of total guidance volume. The draft chapters cover diverse topics, ranging from risk management and operational resilience to the prevention of financial service abuse. While the structure is being modernized for a user-friendly online experience, the Committee emphasizes that these changes do not alter current policies or introduce new mandates. Stakeholders are invited to provide feedback on the clarity of the framework and the relevance of the included materials before the project is finalized in late 2026.