In light of recent banking turmoil, a central bank body is advocating for enhanced monitoring of bank liquidity risks at the individual entity level. This call for more detailed oversight comes after regulators identified significant flaws in existing liquidity rules, which were highlighted during the banking challenges of 2023. Additionally, a comment letter from Better Markets emphasizes the importance of stronger oversight of third-party risks in the banking sector, particularly as reliance on fintech continues to grow. The organization urges the Basel Committee to strengthen its proposed principles regarding accountability and transparency in these areas.