Regulatory Alerts2012-08-16
Guidance Note 8/2012: Further Information and Additional Requirements Regarding the Basel III Parallel Test Run
The Office of the Registrar of Banks amends previous Basel III parallel test run guidance by revising submission dates and introducing additional reporting requirements for regulatory forms BA 325 and BA 900. Banks must now submit amended BA 325 data for five consecutive business days in October and November 2012, alongside a single BA 900 submission based on December 2012 data due in February 2013. The notice also announces the release of Draft 2 of the proposed amended Regulations and previews upcoming updates to align with recent Basel Committee standards on central counterparty exposures and derivative valuation adjustments.
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