What is FRTB stand for?

Fundamental Review of the Trading Book
The Fundamental Review of the Trading Book (FRTB) is a comprehensive suite of capital rules developed by the Basel Committee on Banking Supervision (BCBS) as part of Basel III, intended to be applied to banks’ wholesale trading activities.

What is Basel implementation?

Basel III is an internationally agreed set of measures developed by the Basel Committee on Banking Supervision in response to the financial crisis of 2007-09. The measures aim to strengthen the regulation, supervision and risk management of banks.

Why are banks not complying with the FRTB?

Despite the huge strategic overhaul FRTB will bring to managing market risk, many programs have recently struggled to get the prioritization they deserve. This is largely due to multiple revisions in the global standards, leading people to question whether further changes are coming prior to implementation.

Which is the best webinar for FRTB compliance?

A Refinitiv on-demand webinar offers a practical implementation guide to FRTB compliance, including the interim milestones banks should be working towards. Regional divergence and multiple revisions to the global standards set by the Basel Committee on Banking Supervision have impacted implementation.

When is the deadline for the FRTB implementation?

For some, the current FRTB deadline of January 2022 feels like a point so far in the future that it’s barely visible on the horizon. In this article, we revisit our November webinar and explore why the FRTB implementation marathon might now turn into a sprint to the finish line.

When did the fundamental review of the Trading Book ( FRTB ) happen?

The Fundamental Review of the Trading Book (FRTB) has been many years in the making. Since being “finalized” in 2016, it has faced multiple amendments both to the substance of the regulation, as well as to the timeline.