BCBS239 – Risk Data Aggregation

As one of many consequence of the global Financial Crisis of 2008, regulatory expectations on data quality were enhanced.

The Basel Committee for Banking Supervision (BCBS), a global forum and standard setter for regular cooperation and regulation of banks on banking supervisory matters, introduced BCBS 239.

BCBS 239 contains 14 principles aimed at strengthening risk data aggregation and reporting at systemically important banks.

D2LT assists clients to assess whether their legal opinion and netting enforceability data is compliant with these standards.