FRTB THOUGHT LEADERSHIP PAPER

The Fundamental Review of the Trading Book’s data management process requirements and challenges.

The regulatory landscape continues to move at a very fast pace. The new minimum capital requirements Basel framework has a number important new methodologies and approaches; such as expected shortfall, a revised standardized approach to calculating capital requirements, and non-modelable risk factors (NMRF) as well as new processes and forms of governance. Including P&L attribution test and desk-level approvals. 

​

In this enlightening paper, we discuss our view of the regulatory landscape and recommend an approach for banks to follow in compliance. The emphasis should be that banks continue the legacy of thought leadership in their solutions, in that they seek to become compliant and continue building robust internal self-regulation processes which go beyond the Basel compliance.