The final disclosure framework includes a set of standardised tables and templates covering banks' cryptoasset exposures. These require banks to disclose qualitative information on their cryptoasset-related activities and quantitative information on the capital and liquidity requirements for their cryptoasset exposures. The use of common disclosure requirements aims to "enhance information availability and support market discipline."

The targeted amendments to the cryptoasset prudential standard aim to "further promote a consistent understanding of the standard, particularly regarding the criteria for stablecoins to receive a preferential 'Group 1b' regulatory treatment." Various other technical amendments clarify other aspects of the standard.

The finalised disclosure framework, which includes a "standardised set of public tables and templates covering banks' cryptoasset exposures",  aims to "enhance information availability and support market discipline". The framework will be published later this month, with an implementation date of 1 January 2026.           

The Committee also approved a set of targeted revisions to the cryptoasset prudential standard. These revisions aim to "further promote a consistent understanding of the standard, particularly regarding the criteria for stablecoins to receive a preferential 'Group 1b' regulatory treatment." The updated standard will be published later this month, with an implementation date of 1 January 2026.

The report builds on the Sound Practices: implications of fintech developments for banks and bank supervisors published in 2018, and takes stock of recent developments in the digitalisation of finance.

The report reviews the use of key innovative technologies across various aspects of the banking value chain, including application programming interfaces, artificial intelligence and machine learning, distributed ledger technology and cloud computing. It also considers the role of new technologically enabled suppliers (eg big techs, fintechs and third-party service providers) and business models.