Public consultation on the Guide on effective risk data aggregation and risk reporting
This consultation gives interested parties the opportunity to comment on the Guide on effective risk data aggregation and risk reporting.
Deadline for submitting comments: midnight (24:00) CET on 6 October 2023.
Only comments received before this deadline will be considered.
The Guide outlines prerequisites for effective risk data aggregation and risk reporting (RDARR) to assist banks in strengthening their capabilities, building on good practices observed in the industry. The Guide intends to specify and reinforce supervisory expectations in this field, taking into account the Basel Committee on Banking Supervision’s Principles for effective risk data aggregation and risk reporting (BCBS 239). It complements and does not replace the guidance already provided since 2016 in public communications and in institution-specific supervisory activities.
The Guide is part of a wider strategy intended to ensure that supervised banks ultimately achieve substantial progress in remedying their identified structural shortcomings in risk data aggregation.
Deadline for submitting comments: midnight (24:00) CET on 6 October 2023.
Only comments received before this deadline will be considered.
Submit your comments before midnight (24:00) CET on 6 October 2023 using this template.
So that comments can be processed automatically, please do not change the template structure or the file format. Where appropriate, please provide relevant examples or data.
Only comments sent using the above template will be published after the close of this public consultation.
Submitting comments by email:
Using the above template, send your comments to: SSMPublicConsultation@ecb.europa.eu.
In the subject line, please write “Public consultation on the Guide on effective risk data aggregation and risk reporting”.
Submitting comments by post:
Using the above template, send your comments to:
European Central Bank
Secretariat to the Supervisory Board
“Public consultation on the Guide on effective risk data aggregation and risk reporting”
60640 Frankfurt am Main
Germany
As part of the public consultation process, the ECB will organise a stakeholder meeting during the consultation period, bringing together relevant experts at supervised institutions and other affected stakeholders (e.g. banking associations, consultants, etc.). Attendance at the meeting is by invitation only. The purpose of the meeting is to introduce the Guide, explain its main characteristics and objectives, and answer any questions that participants may have.
The meeting, which will be held in English, will take place on 15 September 2023 at 10:30 CET via the Webex teleconferencing platform.
If you are interested in receiving an invitation to the stakeholder meeting, please send an email to bcbs239@ecb.europa.eu.
Deadline for stakeholder meeting registration: midnight (24:00) CET on 8 September 2023.
Questions should preferably be submitted in advance to ensure the meeting runs smoothly.
Submitting questions for the stakeholder meeting:
Send your questions to: SSMPublicConsultation@ecb.europa.eu.
Deadline for submitting questions: midnight (24:00) CET on 8 September 2023.
For details on how your personal data and contribution will be handled, please see this privacy statement:
Privacy statement