Banks fear capital add-ons for BCBS 239 failures

Capital add-on is "a stick that's out there", says Santander's Goddard

Data demands: institutions are struggling with the requirements of BCBS 239

Anxiety levels are rising among bank risk data professionals.

Many of the world's largest banks have failed to meet the January 1, 2016 deadline for compliance with the Basel Committee on Banking Supervision's principles for effective risk data aggregation and reporting, known as BCBS 239.

The industry will soon learn the consequences of non-compliance, with fines and capital add-ons seen as a real possibility.

"[A capital add-on] is a stick that's out there," says Jerry Goddard, programme

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here