About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

A-Team Publishes BCBS 239 Handbook

Subscribe to our newsletter

As the January 1, 2016 compliance deadline for BCBS 239 approaches, A-Team Group has published a BCBS 239 Handbook dedicated to the regulation and designed to help data management and data governance practitioners implement its 14 principles successfully.

The regulation embodies the post-financial crisis need for effective and efficient risk data aggregation and reporting across the banking sector, and is expected to become more than a compliance challenge as the principles become the norm in financial markets to ensure risk data is fit for purpose. As banks implement BCBS 239, they are expected to develop effective, efficient and robust operating models that support business benefits including better customer experience, simplified systems and processes, improved risk management, reduced costs and capital allocation, and increased profit.

The BCBS 239 Handbook – one of a series of A-Team handbooks covering topics including regulatory data, entity data and Solvency II – provides an overview of BCBS 239 as well as details on its principles, the data management issues it raises, and its requirement for data that is accurate, complete, timely and appropriate. It also covers the regulation’s governance requirements around data, employees, senior managers and board members, and describes best practice for compliance.

Looking to the future, the handbook considers the future of BCBS 239 in terms of its implementation timeline for both global and domestic systemically important banks, and its long-term effect on not only individual banks, but also on the banking sector as a whole. The A-Team BCBS 239 Handbook is sponsored by FactSet Research Systems.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Managing Off-Channel Communications Compliance

Managing off-channel communications – business interactions occurring outside of approved corporate systems – continues to challenge firms’ compliance efforts. The rise of personal messaging apps, social media, and other unmonitored channels – for example, messaging functionality embedded in an order management system – exposes firms to substantial regulatory risk. Enforcement actions by regulatory bodies, such...

BLOG

Data’s Evolution Continues From Cost to Core Asset: DMS New York City 2025 Preview

Modern Chief Data Officers are not only the guardians of financial institutions’ data estates, they are also the caretakers of their single-biggest asset. With every part of an organisation’s business now dependent on data, the custody of its digital information is every bit as critical to operations as the management of trading teams or even...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...