WASHINGTON — The Basel Committee on Banking Supervision released its latest consultative document on Friday, laying out new metrics to be included in a future "dashboard" of bank prudential positions, including ones for market, operational and counterparty credit risk.

The document builds on the committee's co-called Pillar III disclosure requirements, which were first proposed in the Basel II accords in 2004 but were revised and updated as part of the Basel III accords in 2010. In June 2014 the committee proposed requiring banks to submit data according to specific standards in order to give regulators and the public a "dashboard" of comparable metrics for a variety of risks. The committee issued its revised Pillar III requirements in January 2015, and Friday's consultative document expands on the specific metrics to be included in the proposal.

The paper calls for banks to submit data for "hypothetical risk-weighted assets calculated according to the standardized approaches for market risk, counterparty credit risk and the securitization framework," as well as metrics to measure capital and debt "arising from the total loss-absorbing capacity (TLAC) regime for global systemically important banks (G-SIBs)" and operational risks.

The document is open for comment through June 10.

The document comes as the Basel Committee on March 4 issued a consultative document laying out a standardized approach toward quantifying operational risk — a somewhat nebulous term that can encompass risks ranging from natural disasters to cybercrime. That document proposes to combine an existing metric for operational risk, known as the Business Indicator, with bank-specific operational loss data, including historical loss experience data. The proposal is open for public comment through June 3.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.