The Basel Committee on Banking Supervision today issued a second progress report on banks’ adoption of the Committee’sPrinciples for effective risk data aggregation and risk reporting. Published in 2013, the Principles aim to strengthen risk data aggregation and risk reporting at banks to improve their risk management practices and decision-making processes. Firms designated as global systemically important banks (G-SIBs) are required to implement the Principles in full by 2016. . .

http://www.bis.org/press/p150123.htm