Arxo Findings Register · Arxo Law

ARXO-2026-0366 · Reported

Basel Framework: CRE33.13 table, Political and legal environment

The CRE33.13 project-finance slotting table has a row (local content relief) with grade labels instead of criteria and an antecedent-less 'such relief'.

Consequence

Position: PF in country with local content law Reading a: no criterion to apply: the row grade is the bank's own Reading b: - Difference: not computable

Proposed correction

Clarify or correct the cited passage so that the rule and its references give one result for the stated case.

Issued by
Basel Committee on Banking Supervision
Act
Basel Framework CRE33 (in force 2019-12-15, published 2022-12-08)
Place
CRE33.13 table, Political and legal environment
Record
Discrepancy
Class
Text of the act
Where it arose
The text of the act
Arxo's conclusion
Confirmed
Official text
Unchanged at last check
Last checked
2026-10-31

Evidence

Contradiction within the text. Quotations are verbatim from the official material; translations are ours and marked.

| Acquisition of all necessary supports and approvals for such relief from local content laws | Strong | Satisfactory | Fair | Weak |
Normative text · Basel Framework CRE33 (in force 2019-12-15, published 2022-12-08) · CRE33.13 table, Political and legal environment · Published 2022-12-08 · retrieved 2026-10-31 · SHA-256 1a186eaa40ecca0eff09999b52704ddfb1ec1210c8e616c8a62e3b74f004cfb4 · copy
There are unresolved key issues in respect if actual enforcement of contracts, collateral and security
Normative text · Basel Framework CRE33 (in force 2019-12-15, published 2022-12-08) · CRE33.13 table, Political and legal environment · Published 2022-12-08 · retrieved 2026-10-31 · SHA-256 1a186eaa40ecca0eff09999b52704ddfb1ec1210c8e616c8a62e3b74f004cfb4 · copy

How to check it without Arxo's tools

  1. Open Basel Framework CRE33 (in force 2019-12-15, published 2022-12-08) and find CRE33.13 table, Political and legal environment. Compare the text with the quotation above. A copy is kept in this register: 1a186eaa40ecca0e-CRE33@2019-12-15~2022-12-08.txt (SHA-256 1a186eaa40ecca0eff09999b52704ddfb1ec1210c8e616c8a62e3b74f004cfb4, copy of the official file).
  2. The finding holds if the quoted passages read as shown and the comparison gives the result stated at the top of this page. If it does not, write to us with the record ID.

How this finding was made

AI models read the texts, built the examples and reviewed the findings.

Responsible institutions

Reported to

DateInstitutionChannelReference
2026-10-31Basel Committee on Banking Supervisione-mailhttps://mail.google.com/mail/u/0/#sent/KtbxLthRTjRNkqRtWGvxMWmXhVdckfWkGV

Responses

No response recorded.

History

  1. 2026-10-31Confirmed by Arxo
  2. 2026-10-31Entered in the register
  3. 2026-10-31Reported to Basel Committee on Banking Supervision (e-mail)

Cite this record

Arxo Law, Arxo Findings Register, ARXO-2026-0366, https://arxo.io/findings/ARXO-2026-0366/ (status as of 2026-10-31). Data: ARXO-2026-0366.json.