FRTB sets out revised standards and is intended to replace existing global regulatory requirements for estimating regulatory market risk paradigm.
The Basel Committee of Banking Supervision has published the Fundamental Review of the Trading Book (FRTB) final rule. This final rule, along with many others that are anticipated to be finalized in the coming months, is expected to have far-reaching impacts for financial institutions in the areas of:
With the FRTB market risk rule changes, banks have been forced to examine the viability of certain types of trading businesses as well as question their appetite for risk. Find out more about the principle elements of FRTB final rule to help mitigate the myriad of challenges facing the banking industry.
KPMG sees FRTB implementation as an opportunity to improve organizations’ internal models and risk measures.
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