Fundamental Review of the Trading Book (FRTB) – A Special Report
When the Basel Committee on Banking Supervision completed its Fundamental Review of the Trading Book (FRTB) in January 2016, the hard work began for the banks.
In practice, the final rules for each jurisdiction have yet to be drafted, and there are still many fine points that need clarifying to facilitate implementation.
This in-depth report from risk.net includes a wide variety of articles, including:
- How banks can build new IT architecture to support the FRTB burden
- How regulators and lobbyists are still locked in discussion over P&L attribution tests
- How banks can obtain the regulatory go-ahead for the use of internal models
Plus - a panel of market risk experts from major banks and vendors discuss the practical implementation of FRTB and how companies must build proactive and flexible structures to handle the vast increase in market data.