The new regulatory framework will guide banks and other financial institutions on how they use and handle electronic information that they collect from customers.
February 23, 2021PwC's South East Asia Consulting team discusses progress made to comply with BCBS 239 in Southeast Asian jurisdictions, providing an outlook and recommendations for the year ahead.
January 27, 2021PwC has been supporting banks across ASEAN with BCBS 239 compliance, LIBOR transition, data governance and IFRS 9 model development and validation.
December 16, 2020The amendments are aimed at improving the assessment of banks' complexity in the D-SIB identification process, and reducing the weight of the size factor, among other changes.
October 30, 2020BCBS 239 implementation progress has veered off course at some banks as a result of the Covid-19 crisis, prompting a need for reassessment, says John Berven at Solidatus.
August 17, 2020Global harmonisation and progressive thinking are needed to support data connectivity between markets, says Matthew Chan at ASIFMA.
July 27, 2020FRTB is a significant global industry challenge, but the process to achieve its outcomes can harness value from data that can be applied throughout a bank’s operations.
July 20, 2020The COVID-19 pandemic is an additional catalyst for financial institutions to generate fundamental structural change as they seek to implement Basel reforms, says AxiomSL’s Mahim Mehra.
May 3, 2020Some banks have changed their BCBS 239 implementation strategies to comprehensively improve data quality, but this will take considerable time to resolve.
April 29, 2020PwC spoke to DBS's Sia Nam Chie and OCBC's Simon Lavender about the challenges they faced setting up the independent validation function for BCBS 239 compliance.
March 17, 2020