Challenges around the implementation and validation of BCBS239/Risk Data Aggregation Programme

Challenges around the implementation of BCBS239

Are South African banks fully aware of the main challenges involved in implementation of BCBS239, and how can they get the best return on their investment?

1000

Email
piggy bank

South African major banks are currently busy with the implementation of the Risk Data Aggregation rules or BCBS239 regulations, expected to be implemented on 01 January 2017. Are these banks fully aware of the main challenges ahead, and how can they get the best return on their investment and provide assurance to regulators that all elements are under control?

This article highlights some of the BCBS239 key trends and recommendations as well as KPMG's response.

© 2022 KPMG Services Proprietary Limited, a South African company and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

Connect with us

Stay up to date with what matters to you

Gain access to personalized content based on your interests by signing up today