The programme outlines the strategic priorities for the Committee’s policy, supervision and implementation activities.

Supervisory powers and actions will be a priority over the next 12 months. This will include improving supervisory tools and techniques by developing case studies and identifying best practices, where appropriate, in a number of key areas.

For example, this will include a deeper assessment of the varying supervisory actions taken under Pillar 2 in different jurisdictions, stress testing practices, assessing the supervisory impact of the growth of financial technology and sharing best practices on how supervisors are to assess expected credit loss provisioning practices for regulatory capital purposes.

The BCBS has set out the following priorities for the next 12 months:

• finalising existing policy initiatives and initiate targeted policy development;
• monitor emerging risks and assess the impact of the Committee's post-crisis reforms;
• promote strong supervision; and
• ensure full, timely and consistent implementation of the Committee's standards.

Full, timely and consistent adoption and implementation of Basel standards is critical to improving the resilience of the global banking system and promoting confidence in prudential ratios. The Basel Committee's Regulatory Consistency Assessment Programme (RCAP) will therefore remain a high priority.

During 2017, the Committee will complete the seven remaining RCAP assessments related to the liquidity coverage ratio. In addition, it will start to review the implementation of other standards, starting with the net stable funding ratio and large exposures framework, with the first reports discussed and published in 2018.

 The Committee will also review banks' implementation of the standard on interest rate risk in the banking book.

As part of ongoing work to address implementation issues concerning the regulatory framework, the BCBS’s Basel Consultative Group will also meet with a range of non-BCBS member jurisdictions from emerging market economies.

More details on the BCBS’s 2017-18 work programme themes is available here