BCBS 29 A
Definition
BCBS 29 A is a document published by the Basel Committee on Banking Supervision on October 1997 in the Risk Management category.
Title
Basel Committee Publications - Principles for the Management of Interest Rate Risk.
Abstract
Note: For more recent information on interest rate risk, please see Principles for the Management and Supervision of Interest Rate Risk (July 2004).
This document consists of specific agreed principles that supervisory authorities will consider in evaluating banks' management of interest rate risk. The paper re-emphasises the need for banks to maintain adequate risk management practices in all their activities. It lays down eleven agreed principles that supervisory authorities will consider in evaluating banks' management of interest rate risk covering four categories.
- the role of the board and senior management;
- policies and procedures;
- measurement, monitoring and control functions;
- internal controls.
Document Profile
- Publication Date: October 1997
- Publication Type: Guidelines
- Publication Status: Superseded
- Publication Category: Risk Management
- Number of Pages: 39
- Keywords: Market Risk
See Also
Disclaimers
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