🚀 Basel Committee to Review Prudential Standards for Banks' Virtual Asset Exposure
#BaselCommittee #PrudentialStandards #Banks #VirtualAssets #Exposure #NS3AI #GlobalSystemicallyImportantBanks #CapitalRequirements
Lee Chan-jin participated in a Basel supervisory meeting where members reached a consensus to reassess prudential standards concerning banks' exposure to virtual assets. According to NS3.AI, the committee also agreed to evaluate the assessment methodology for Global Systemically Important Banks. These discussions suggest that banks involved with virtual assets or providing related services may encounter more stringent capital requirements moving forward.#BaselCommittee #PrudentialStandards #Banks #VirtualAssets #Exposure #NS3AI #GlobalSystemicallyImportantBanks #CapitalRequirements