Basel Committee consults on additional Pillar 2 guidance for IRRBB, comments due 9 February 2027
BCBS opened a consultative process on additional Pillar 2 IRRBB guidance on 9 Nov 2026; comments due 9 Feb 2027.
- Urgency
- L3
- 68
- 80
- 40
- 50
- 85
At a glance
On 9 November 2026 the Basel Committee published a consultative paper proposing additional Pillar 2 guidance on interest rate risk in the banking book. The Committee requests comments on the consultative document by 9 February 2027, creating a defined comment window for banks and supervisors.
- BCBS opened a consultative process on additional Pillar 2 IRRBB guidance on 9 Nov 2026; comments due 9 Feb 2027.
CHRONOS Wire · November 9 · Alert 5
What happened
The Basel Committee published a consultative paper proposing additional Pillar 2 guidance on interest rate risk in the banking book. The paper was published on 9 November 2026 and asks for comments by 9 February 2027, so banks and supervisors have until that deadline to respond.
Why it matters
The consultation is open immediately and has a fixed comment deadline of 9 February 2027, giving a limited window for stakeholders to submit feedback.
CHRONOS Bottom Line
The Basel Committee opened a consultation on additional Pillar 2 guidance for IRRBB on 9 November 2026, with submissions due by 9 February 2027; market participants and supervisors should review the consultative text during the comment window.
Full detail
What changed
The Basel Committee published a consultative document proposing additional Pillar 2 guidance on interest rate risk in the banking book (IRRBB). The document sets a comment deadline of 9 February 2027.
What is genuinely new
The Basel Committee published a new consultative paper on additional Pillar 2 guidance for IRRBB on 9 November 2026 and formally requested comments by 9 February 2027.
Detailed analysis
The BIS page states the Basel Committee is consulting on proposed additional Pillar 2 guidance on IRRBB and requests comments by 9 February 2027. The consultative nature means proposals are subject to change based on submissions; the BIS page does not, in the excerpts provided, list specific proposed measures or supervisory reporting requirements.
U.S. Impact
U.S. Impact assessment pending.