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Banks must do more to comply with data aggregation, reporting principles, Basel Committee says

( November 28, 2023, 15:01 GMT | Official Statement) -- MLex Summary: Banks are at different stages in terms of aligning with the BCBS 239 Principles for effective risk data aggregation and reporting published almost a decade ago, the Basel Committee on Banking Supervision said in a progress report published today. All banks need to do more reach full compliance, the body said. The committee will continue to monitor progress made in adopting the principles. Statement follows. The progress report is attached....

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