BCBS 62

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Definition

BCBS 62 is a document published by the Basel Committee on Banking Supervision on December 1999 in the Financial Conglomerates category.

Title

Intra-Group Transactions and Exposures Principles.

Abstract

The papers released outline principles for banking, securities and insurance supervisors for ensuring through the regulatory and supervisory process, the prudent management and control of (1) risk concentrations (RCs) and (2) intra-group transactions and exposures (ITEs).

The papers being released form part of the compendium of documents that were published in February of this year dealing with the supervision of financial conglomerates. The RC and ITE documents form part of the overall work outlined in the mandate of the Joint Forum and should be read in that context. These documents are a significant step forward in addressing some of the most important supervisory issues arising from the emergence of financial conglomerates and the blurring of distinctions between the activities of firms in each of the banking, securities and insurance sectors.

Full documents:

    • Risk Concentrations Principles (PDF, 12 pages, 60 KB)


  • Intra-Group Transactions and Exposures Principles (PDF, 12 pages, 53 KB)

Document Profile

  • Publication Date: December 1999
  • Publication Type: Guidelines
  • Publication Status: Superseded
  • Publication Category: Financial Conglomerates
  • Number of Pages: 12
  • Keywords: Credit Risk

See Also

Disclaimers

For definitive information on regulatory matters always consult primary sources, especially where it concerns legally binding rules and regulations.

The above regulatory document abstract is quoted verbatim in this Open Risk Manual entry and provided free of charge for the convenience of all internet users. There is no explicit or implicit endorsement of this web service by the Bank of International Settlements. The copyright of the included material rests with the original authors (Links to the original texts are duly provided).