Scope of reports covered by BCBS239
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A US GSIB is hoping to gather industry benchmark on the scope of reports included in the BCBS239 framework. In particular, the bank are looking to assess whether internal reports beyond regulatory-required ones are included and how expansive the BCBS239 framework is
Any insights on the above would be appreciated – especially if you have insights on US GSIBs
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The short answer is yes they should definitely be included. The group risk report is the bare minimum that should be included for a GSIB in terms of internal reports and you can go from there
Will to share some pages on the latest interpretation of the scope of BCBS239 by the ECB. A bit more expansive that the traditional industry approach but that is really going to be the new bar. We also have a full BCBS239 benchmarking database that covers 20+ banks (including most European GSIBs) and all dimensions of BCBS239 so maybe your client wants to participate in it