Fundamental Review of the Trading Book addresses the shortcomings of the current (Basel 2.5) market risk framework, with the objective of making the financial system more robust whilst not unduly inhibiting the efficiency of the market.
FRTB rules were finalized in January 2019 and though they don’t come into effect until January 2023, the complex nature of these new rules means banks have much work to do.
Watch our webinar to learn about the aspects of the FRTB regulation that are not yet fully clear, the challenges (including the implications posed by the LIBOR transition and the Covid-19 pandemic) and the available solutions out there in the markets.
Main topics discussed:
- What are the main aspects of the FRTB regulation still leave place to interpretation and how banks plan to address them?
- What are the implementation challenges posed by the RFET test and what can be done to address these issues?
- How and to which extent the COVID 19 disruption and the new Libor transition regime are posing challenges to FRTB? How banks are working to address them?
- Which challenges banks could face due to the local divergences of the FRTB rules and possible divergences in the implementation timelines across jurisdictions?
Please note that the webinar is held under the Chatham House rule.
Further information on the Chatham House rule can be found here.
The views and opinions expressed during the Webinar and any subsequent supplementary material provided by any member of the panel on this webinar are the views and opinions of the specific panellist and do not necessarily reflect the views of LSEG or its group companies. LSEG and its group companies expressly disclaim all warranties, expressed or implied, as to the accuracy, completeness, correctness, suitability, validity or the fitness of the information presented by any of the panellist participating in this webinar.