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 Webinar Discusses BCBS 239 Compliance Ahead of January Deadline

Subscribe to our newsletter

The journey towards BCBS 239 compliance continues with global systemically important banks expected to be able to satisfy supervisors when the regulation comes into effect on January 1st 2016. Other banks that are not yet within the scope of the regulation are also making progress, considering how they will comply with the 14 principles of the regulation and realise the potential business and operational benefits of a successful implementation.

The state of play among banks that must meet the January deadline, the extent of implementation work that will continue into 2016 and beyond, and the benefits of compliance for both individual banks and the banking sector as a whole were discussed during this week’s A-Team Group BCBS 239 webinar. The webinar was moderated by A-Team editor Sarah Underwood and joined by Karthik Rajaraman, a data management professional at an international bank; Koen Van Duyse, subject matter expert in regulatory compliance at Collibra; and Matthew Rawlings, head of middle office and operations at Bloomberg.

The webinar participants focussed on the principles-based rather than prescriptive nature of BCBS 239, which means the regulation is open to interpretation by local regulators and is likely to be more of an ongoing programme for banks rather than an opened and closed compliance project. Principles raising most cause for concern include those covering risk data aggregation, which can be a significant cost burden, senior management accountability for data and processes, and the capability to provide data lineage.

While the participants agreed that BCBS 239 is one of the most invasive regulations to hit the banking industry, they concluded that it will help banks become as data savvy as organisations in other industries and establish data as a business asset.

To find out more about:

  • The scope of BCBS 239
  • Challenges posed by the regulation
  • Cost-effective approaches to compliance
  • Ongoing implementation plans
  • Business and operational benefits

Listen to the A-Team webinar here.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: How to organise, integrate and structure data for successful AI

25 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are...

BLOG

Data Usage Rights Patent is Music to the Ears of VendEx Boss

Richard Clements has a talent for explaining highly technical concepts in ways that make them sound as easy as listening to your favourite song. Which is apt, considering that the chief executive of VendEx, a vendor and data cataloguing technology provider, explains his company’s latest innovation with a guitar perched on a stand beside him....

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...