What Basel Committee on Banking Supervision - Principles for the sound management of third-party risk (BCBS d605) requires
Published by the Basel Committee in December 2025, these twelve principles for the sound management of third-party risk are organised across the life cycle of third-party service provider (TPSP) arrangements - governance, risk management and strategy; risk assessment; due diligence; contracting; onboarding and ongoing monitoring; termination - with Principles 1 to 9 guiding banks and Principles 10 to 12 guiding prudential supervisors, broadening the traditional concept of outsourcing to the wider scope of TPSP arrangements.
Pillar: Banking & Global Finance · Authority: Basel Committee on Banking Supervision (BIS) · Version: 1.0.0 · Last updated:
Primary source: https://www.bis.org/bcbs/publ/d605.pdf
SHA-256 integrity: c4654d41375ced63ba96997d83ff9b8d63d27684524804debc7bbeadd556c221
Primary Citations — 6 traced to source
- Basel Committee on Banking Supervision, Principles for the sound management of third-party risk, December 2025 (BCBS d605)
- This expansion of reliance on TPSPs requires an evolution of the traditional concept of outsourcing to the broader scope of TPSP arrangements
+ 4 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/bcbs-third-party-risk-principles-d605-2025.json — 6-field metadata
- Vault (full node): /api/v1/vault/nodes/bcbs-third-party-risk-principles-d605-2025.json — full 13-key payload, $0.01 USDC (L402/Skyfire/Direct Base)
- Canonical URL: https://bidda.com/intelligence/bcbs-third-party-risk-principles-d605-2025
- Back to registry: Browse all 10,085 compliance nodes