The evolving landscape of Pillar 3 by BCBS

Pillar 3 is part of a framework designed by the Basel Committee on Banking Supervision (BCBS) for capital measurement and capital standards.
Specifically, Pillar 3 focuses on the public disclosure requirements that banks and insurance companies must follow. These disclosures range from information related to the risks these entities face to what their risk management policies are, as well as information related to regulatory capital and remuneration policies.