Can your organization's technology infrastructure support the newly finalized Fundamental Review of Trading Book (FRTB) changes?
Word on the street is that implementing FRTB by the 2019 deadline will be a herculean task for many banks, and the capital impact of the regulation could be substantial – to the tune of up to a 40% market risk capital increase compared to the current framework, as estimated by the BCBS.
With the anticipated changes, it’s imperative that banks fully understand all of the rules and their ramifications, to ensure that capital impact and computational challenges are minimized as much as possible.
To help you get your priorities in check, we've developed this handy checklist to guide you and for a more detailed analysis of the latest on the final FRTB text, watch our on-demand webinar FRTB: "Finalized" But Far From The Finish Line.
1 http://www.bis.org/bcbs/publ/d346.pdf, Section 2.1
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