FRTB: Implementation Challenges

The Fundamental Review of the Trading Book (FRTB) rules were introduced in January 2016 to tackle perceived shortcomings of the existing market risk framework. Implementation of the new rules was always going to be extremely challenging and has become even more complex than banks originally feared as a result of other factors eg. model eligibility tests, non-modellable risk factors and the adoption of the new rules from multiple jurisdictions. 

Please click on the link below to find out our latest thoughts on the implementation challenges posed by the FRTB.

frtb-implementation-challenges.pdf