Why BCBS 239 and Your Data Governance Program Go Hand-in-Hand
Mention BCBS 239, and it’s sure to bring on a headache for many financial services institutions. But what if the principles set forth in BCBS 239 were actually your friend? And what if embracing these principles as the foundation for your data governance program eased the pain of your regulatory reporting headache once and for all? Non-CCAR banks, and even companies in other financial services sectors such as insurance and asset management, can benefit by adopting the BCBS 239 principles as regulator expectations data governance trickle down and now even trickle across industries.