FRTB – Taking Stock of Where We Are Today

Financial regulators had been brewing the market risk framework reform for more than two decades and finally came to revised terms in January 2019. Under the Fundamental Review of the Trading Book (FRTB) regime, larger banks using the internal models approach (IMA) will need to seek IMA approval accordingly, and prepare for any capital add-ons for risk factors that lack sufficient data for modelling, while all other banks are set to implement the standardized approach (SA) and report their outcomes to the supervisors as early as this year.

For more information please visit www.refinitiv.com/en/fundamental-review-of-the-trading-book.