Company: Chappuis Halder
Category: Market Risk
Published: 24 February 2016
The purpose of the Fundamental Review of the Trading Book (FRTB) is to cover shortcomings that both regulations and internal risk processes failed to capture during the 2008 financial crisis.
The introduction of the FRTB demonstrates that regulators are willing to look at:
This white paper analyses the FRTB, covering its origins, responsibilities and priorities. The paper further identifies how market participants interpret the reform and examines some of the FRTB’s key issues.