G-Sibs facing ‘a tall order’ in meeting 2016 data deadline, UK regulator warns


Global systemically important banks (G-Sibs) will have their work cut out to meet risk data aggregation and reporting principles by a 2016 deadline, according to a senior official at the UK Financial Services Authority (FSA).

The 14 principles are set out in a consultation paper published by the Basel Committee on Banking Supervision in June – the consultation period closed on September 28. The paper suggests banks should be able to generate aggregate and up-to-date risk data in a timely manner

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: