BCBS 239

Common card · No. 414631

BCBS 239 is the Basel Committee on Banking Supervision's standard number 239. The subject title of the standard is: "Principles for effective risk data aggregation and risk reporting". The overall objective of the standard is to strengthen banks’ risk data aggregation capabilities and internal risk reporting practices, in turn, enhancing the risk management and decision making processes at banks. The standard was published in January 2013 and applies from 1st January 2016 for Global Systemically Important Banks (G-SIBs) who were defined as such no later than November 2012, otherwise three years after their designation as G-SIBs. The standard also recommends that it is, by the national supervisors, applied to Domestic Systemically Important Banks (D-SIBs) three years after their designation as such.

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