According to the Basel Committee's 3rd Principle, "Accuracy & Integrity," a bank should be able to generate accurate and reliable risk data to meet normal and stress/crisis reporting accuracy requirements. Data should be aggregated on a largely automated basis so as to minimize the probability of errors.

Option A is incorrect. According to the principle of governance, a bank’s risk data aggregation capabilities and risk reporting practices should be subject to strong governance arrangements consistent with other principles and guidance established by the Basel Committee. This principle suggests that risk data aggregation should be a central part of risk management, and senior management should make sure the risk management framework incorporates data aggregation before approving it for implementation.

Option B is incorrect. According to the principle of completeness, a bank should be able to capture and aggregate all material risk data across the banking group. Data should be available by business line, legal entity, asset type, industry, region and other groupings, as relevant for the risk in question, that permit identifying and reporting risk exposures, concentrations and emerging risks.

Option D is incorrect. The principle of timeliness states that a bank should be able to generate