Global & Sector Regulation
BCBS 239
Principles for Effective Risk Data Aggregation and Risk Reporting
Fourteen principles on governance, data architecture, accuracy, completeness, timeliness and adaptability of risk data, written for global systemically important banks after the financial crisis exposed how few could aggregate their own exposures quickly.
It is the closest thing to a regulation about data architecture itself, and the reason lineage, ownership and data quality metrics are audited artefacts in banking. DCAM is the usual assessment vehicle.
At a glance
- Category
- Global & Sector Regulation
- Jurisdiction
- Global
- Governance
- Basel Committee on Banking Supervision
- Status
- Published 2013; supervisory expectations ongoing
- First released
- 2013
Links
Related regulation
Other entries under Global & Sector Regulation.
- SOX: Sarbanes-Oxley Act
- HIPAA: Health Insurance Portability and Accountability Act
- CCPA / CPRA: California Consumer Privacy Act, as amended
See BCBS 239 in context
Open the interactive Data Landscape for Regulation to compare BCBS 239 against every other framework, or grab the raw JSON. Certification schemes and editions move — follow the source links before relying on this page.