BCBS 239 (part2)
Renjith K P PMP? CAIO? TOGAF? DCAM? CDMC? LSSBB?
Enterprise Architect - Data Architecture, Graph Data Modelling, Knowledge Graph, Semantic Modelling, Data Modelling, Information Architecture, Graph Innovation Lab
In part 1 we discussed what BCBS-239 is & Summary of its principles, in this part we will go back to Dec 2013 publication including the self-assessment questionnaire; self assessment ratings by principles
Background
The Principles are initially addressed to systemically important banks (SIBs). In addition, the Basel Committee strongly suggests that national supervisors also apply the Principles to banks identified as domestic systemically important banks (D-SIBs)
The Basel Committee and national supervisors agreed to monitor and assess banks’ progress through the Basel Committee’s Supervision and Implementation Group (SIG), To facilitate consistent and effective implementation of the Principles among G-SIBs, The first step of this coordinated approach was to implement a “stocktaking” self-assessment questionnaire completed by G-SIBs during 2013.
G-SIBs’ self-assessments (www.bis.org/publ/bcbs268.pdf)
The Basel Committee’s Working Group on SIB Supervision (WGSS) developed the questionnaire (87 questions/requirements for 11 principles)
G-SIBs identified in 2011 and 2012
Jurisdiction - G-SIB
Belgium - Dexia*
China - Bank of China
France - BNP Paribas, Group BPCE, Group Crédit Agricole, Société Générale
Germany - Commerzbank, Deutsche Bank
Italy - Unicredit Group
Japan - Mitsubishi UFJ FG, Mizuho FG, Sumitomo Mitsui FG
Netherlands - ING Bank
Spain - BBVA, Santander
Sweden - Nordea
Switzerland - Credit Suisse, UBS
UK - Barclays, HSBC, Lloyds Banking Group, Royal Bank of Scotland, Standard Chartered
US - Bank of America, Bank of New York Mellon, Citigroup, Goldman Sachs, JPMorgan Chase Morgan Stanley, State Street, Wells Fargos