Compendium of Standards

• 16 May 2001 Essential elements of a statement of cooperation between banking supervisors

  This document presents the essential elements of a statement of mutual cooperation between supervisors.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Cooperation among Authorities, Prudential Supervision and Oversight

• 1 December 2000 Delegation of Functions

  This document defines general principles concerning both the actual implementation of the delegation of functions by operators of collective investment schemes and its supervision by the regulators concerned.

  Content Type(s): Compendium Source(s): IOSCO Policy Area(s): Financial Regulation and Supervision Topic(s): Consumer and Investor Protection

• 27 September 2000 Best Practices for Credit Risk Disclosure

  This paper provides guidance on best practices for public disclosure of credit risk in banking institutions. The objective is to encourage banks to provide market participants and the public with the information they need to make meaningful assessments of a bank's credit risk profile.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Credit Risk, Risk Management, Transparency and Disclosure

• 1 September 2000 Principles for the Management of Credit Risk

  This paper provides guidance on credit risk in all types of banking activities, including lending, trading, investments, liquidity/funding management and asset management (September 2000).

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Credit Risk, Risk Management

• 3 August 2000 Code of Good Practices on Transparency in Monetary and Financial Policies (MFP)

  The MFP identifies desirable transparency practices for central banks in their conduct of monetary policy and for central banks and other financial agencies in their conduct of financial policies.

  Content Type(s): Compendium Source(s): IMF Policy Area(s): Macroeconomic Policy and Data Transparency Topic(s): Central Banking, Transparency and Disclosure

• 1 October 1999 Recommendations for Public Disclosure of Trading and Derivatives Activities of Banks and Securities Firms

  This paper provides updated guidance to banks and securities firms on public disclosures in the trading and derivatives activities areas.

  Content Type(s): Compendium Source(s): BCBS, IOSCO Policy Area(s): Financial Regulation and Supervision Topic(s): Credit Risk, Market Regulation, Market Risk, Risk Management, Transparency and Disclosure

• 1 January 1999 Sound Practices for Banks' Interactions with Highly Leveraged Institutions

  This paper sets out sound practice standards for the management of counterparty credit risk inherent in banks' trading and derivatives activities with highly leveraged institutions (HLIs).

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Credit Risk

• 1 December 1998 Prevention of criminal use of the banking system for the purpose of money-laundering

  The document sets out ethical principles which encourages banks' management to put in place effective procedures to ensure that all persons conducting business with their institutions are properly identified; that transactions that do not appear legitimate are discouraged; and that cooperation with law enforcement agencies is achieved.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): AML/CFT

• 2 September 1998 Supervisory Information Framework for derivatives and trading activities

  This paper enhances the supervisory information framework that was jointly published in May 1995 by the BCBS and the Technical Committee of the IOSCO to assess the derivatives activities of banks and securities firms. The 1995 framework has been widely implemented by banking and securities authorities for supervisory purposes, and has also served as a basis for collecting periodic data on worldwide derivatives markets.

  Content Type(s): Compendium Source(s): BCBS, IOSCO Policy Area(s): Financial Regulation and Supervision Topic(s): Market Risk, Prudential Supervision and Oversight, Risk Management

• 1 September 1998 Enhancing Bank Transparency

  This paper discusses the role of information in effective market discipline and effective banking supervision, recommending that banks provide timely information to market participants and that supervisors focus their efforts on encouraging high-quality public disclosure at reasonable cost (September 1998).

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision