From Open Risk Manual


BCBS 59 is a document published by the Basel Committee on Banking Supervision on October 1999 in the Cross-Border Issues category.


Year 2000 Cross-Border Communications between Supervisors during the Millennium Period.


Today's global financial markets require cooperation and close coordination among bank supervisors both within countries and across borders. Such coordination will be especially important in the remaining months of 1999 and early 2000 as banking organisations and markets deal with the Year 2000 challenge. This document outlines an approach that bank supervisors may want to consider as they develop their national and cross-border Year 2000 event management and communication strategies.

Document Profile

  • Publication Date: October 1999
  • Publication Type: Guidelines
  • Publication Status: Superseded
  • Publication Category: Cross-Border Issues
  • Number of Pages: 8
  • Keywords: Y2K, Operational Risk

See Also


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