Basel Committee report on implementing Principles for effective risk data aggregation and reporting shows progress made but significant work still remains

Basel Committee report on implementing Principles for effective risk data aggregation and reporting shows progress made but significant work still remains

Press release | 28 November 2023Basel Committee issues progress report on banks' implementation of the BCBS 239 Principles for effective risk data aggregation and reporting.Nearly 10 years after the initial publication of BCBS 239, banks are at different stages in terms of aligning with the Principles. Additional work is required at all banks to attain or sustain full compliance.

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