Compendium of Standards

• 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

• 1 September 1998 Framework for Internal Control Systems in Banking Organisations

  The paper describes the essential elements of a sound internal control system. The principles set out in the paper are intended to be of general application and supervisory authorities should use them in assessing their own supervisory methods and procedures for monitoring how banks structure their internal control systems.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Accounting and Auditing, Market Risk

• 1 September 1998 International Disclosure Standards for Cross­border Offerings and Initial Listings by Foreign Issuers

  These international disclosure standards reflect a consensus among securities regulators in the major capital markets as to the type of information that should be disclosed in cross-border offerings and listings of equity securities. The standards cover fundamental disclosure topics such as the description of the issuers' business, results of operations, management and the securities it plans to offer or list.

  Content Type(s): Compendium Source(s): IOSCO Policy Area(s): Financial Regulation and Supervision Topic(s): Cooperation among Authorities, Transparency and Disclosure

• 1 November 1997 Principles for Record Keeping,Collection of Information, Enforcement Powers and Mutual Cooperation to Improve the Enforcement of Securities and Futures Laws,

  The document sets out requirements for regulators on record keeping, collection of information, enforcement powers and mutual cooperation.

  Content Type(s): Compendium Source(s): IOSCO Policy Area(s): Financial Regulation and Supervision Topic(s): Accounting and Auditing, Cooperation among Authorities, Legal Framework, Transparency and Disclosure