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Version date: 15 December 2019 - onwards

SRP90 Transition (paras. 90.1-90.2) (effective as of 15 December 2019)

This chapter describes the time allowed for newly designated systemically important banks to meet the requirements on risk data aggregation and risk reporting.

Version effective as of 15 Dec 2019

First version in the format of the consolidated framework.

90.1 Global systemically important banks designated in 2016 or later must meet the requirements in this chapter within three years of their designation.

90.2 It is strongly suggested that national supervisors also apply these Principles to banks identified as domestic systemically important banks (D-SIBs) by their national supervisors three years after their designation as D-SIBs.