Basel Committee Approves Revisions to G-SIB Assessment Framework to Curb Window-Dressing

The Basel Committee on Banking Supervision met and approved revisions to the assessment framework for global systemically important banks (G-SIBs). These revisions aim to reduce "window-dressing" behavior by banks, which undermines the objectives of the Committee's standards and risks disrupting financial markets. The results of the annual assessment for G-SIBs will be submitted to the Financial Stability Board before the 2026 list is published.