Some 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, 2020This list presents the most-read contributed articles published by Regulation Asia in 2019, based on aggregated user traffic analytics.
December 20, 2019PwC’s Shierly Mondianti and Irene Liu explore the advantages and disadvantages of the operating models for executing independent validation post-BCBS 239 compliance.
November 18, 2019To create a truly competitive advantage and achieve their commercial goals, Asia’s financial institutions need to integrate strong data culture into their data governance approaches.
October 17, 2019Asian firms need to look beyond regulatory compliance with respect to data to ensure the most effective use of their data resources.
October 10, 2019Banks are starting to gain real business value from investments into better data governance and architecture, say Irene Liu, David Yakowitz and Catherine Lee at PwC.
September 25, 2019There is clear fatigue in the industry around BCBS 239 compliance, but the exercise has also enabled other capabilities, say PwC's Irene Liu, David Yakowitz and Catherine Lee.
May 27, 2019BCBS 239 has the potential to dramatically reduce systemic risk in the banking system. Compliance isn’t an easy project, but if approached in the right way it can transform the way banks do business.
March 13, 2015