FRTB will be far more challenging than traditional risk capital regulations due to the lack of regulatory clarity over the boundaries between banking and trading book, the need for consistency across risk data sources, data modellability to prepare for complex risk calculations, and new governance to address changes in data structures and technology infrastructure. In our recent White Paper, Ice Data Services, Baker McKenzie, LP, Alveo and Capital Markets Advisors, LLC offer some useful guidance on what banks should consider before taking the plunge in their FRTB implementation.
Read the full white paper by clicking below or here: CMA FRTB – Banks Regulatory Capital Calculations Just Got More Complicated Again
