Banks can’t get a straight answer on BCBS 239 compliance

Regulators sidestep questions on whether ‘material compliance’ amounts to full compliance

audit skeptic
“We have not gotten a clear answer up to now,” says a BCBS 239 project head

Banks are awaiting guidance from regulators on whether they can be considered in full compliance with risk data-aggregation and reporting principles if their largest units are.

Regulators have been impatient at the pace of progress banks have made on those principles, known as BCBS 239, and have hinted darkly that capital add-ons could be on the cards. Banks with weak risk data can also fail the US Federal Reserve’s stress tests on qualitative grounds.

However, some banks say they have made

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


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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