Basel Committee: Implementation of the Principles for Effective Risk Data Aggregation and Reporting

Blue Building - Image by PublicDomainPictures from Pixabay

The Basel Committee on Banking Supervision has published its progress report on banks’ implementation of the Principles for effective risk data aggregation and reporting (Principles).

Issued in 2013, the Principles aim to strengthen banks’ risk data aggregation and risk reporting with a view to improving their risk management, decision-making processes and resolvability.

The progress report is based on the results of a self-assessment survey of authorities with supervisory responsibility for global systemically important banks (G-SIBs). 

Additional details are available here.

Photo Picture: Pixabay

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