In January 2016, the Basel Committee for Banking Supervision (BCBS) released revised minimum capital requirements for market risk following their eight-year long Fundamental Review of the Trading Book (FRTB).
FRTB
BCBS Proposes a Simplified Alternative to FRTB SBA
On June 29, BCBS released a consultative document for a simplified alternative to FRTB’s standardized approach (SA). This revised approach is designed to apply to banks that are not large or internationally active. The proposal…
Basel III to Stay on Course
We confirm our support for the Basel Committee on Banking Supervision’s (BCBS) work to finalize the Basel III framework without further significantly increasing overall capital requirements across the banking sector, while…
Financial Deregulation Under Trump
Friday’s Presidential Executive Order and Memorandum kick off the Trump Administration’s ambitious plans for financial deregulation. Notably absent from these documents is any direct mention of the FRTB…
Basel Under Trump
The election of Donald J. Trump as America’s 45th President could mean an end to years of cross-border cooperation in banking rules, making life harder for regulators as they try to keep bank excesses in…
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