“Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?” Within the Basel Committee of Banking Supervision’s (BCBS’s) 2013 report, that excerpt from T.S.
Basel III has brought risk data aggregation and reporting into sharp focus at financial institutions. By now, they should be more than familiar with the requirements set out in BCBS 239—“Principles ...
Without data that is accurate, reconciled and validated, risk reporting may be useless. This is Part 2 in a four-part series on the key areas of the BCBS 239 risk data aggregation and reporting ...
Almost a decade after publishing its BCBS 239 principles on data aggregation and reporting, banks are at different stages in aligning with these principles, according to a BCBS report published today.
The last financial crisis has taught us many lessons, with one of the most significant being the importance of data risk management. And while the BCBS 239 paper’s 2016 deadline feels like a concern ...
Effective implementation of BCBS 239 is crucial for enhancing risk management and strategic decision-making in financial institutions. This course provides practical guidance on applying key BCBS 239 ...