SAS: Series: BCBS 239 – Principle 13

Principle 13:
Remedial actions and supervisory measures - Supervisors should have and use the appropriate tools and resources to require effective and timely remedial action by a bank to address deficiencies in its risk data aggregation capabilities and risk reporting practices. Supervisors should have the ability to use a range of tools, including Pillar 2.

 

The goal of the Principles of BCBS 239 is to provide banks with guidelines for effective risk data aggregation and reporting

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