Accounting and Finance

BCBS 239: Meeting Regulatory Obligations While Optimizing Cost Reductions

Provided by SAS

Category Accounting and Finance

Type White Paper

Length 4

Publish Date April 09 2014

Date posted January 24 2017

Overview

The regulatory requirements of BCBS 239 means risk information must be made available in a way that suits the indented recipient. As a result, information needs to be correct, complete, consistent and on time in order for banks to make fast and informed management decisions. Financial institutions are set to be affected most by the changes brought about by the legislation and adhering to the regulations will require high levels of investment. This white paper discusses the most economical way for companies to make sure they meet these regulatory obligations.  

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