UBS has decided it will not initially use its own models to calculate capital requirements for market risk, following a revamp of local trading book capital rules. The Swiss bank’s annual report – ...

As banks navigate the most significant overhaul of market risk capital requirements in more than a decade, the need for consistent, high-quality data and reliable analytics has become a strategic ...

Remember those days when we saw Lehman employees walking out with their personal stuff in cardboard boxes, the manhandling of AIG employees in New York, the demonstrations at Wall Street and Zuccotti ...

Bloomberg’s FRTB Standardized Approach solution to help the bank meet FRTB reporting requirement Beijing – Bloomberg today announced that China Minsheng Bank, a leading commercial bank in China, has ...

The Fundamental Review of the Trading Book (FRTB) was introduced into the prudential framework of the EU by Capital Requirements Regulation (CRR 2) as a regulatory reporting requirement in 2020. The ...

HM Treasury (HMT) and the UK Prudential Regulation Authority (PRA) have published updates with proposed changes to the expected implementation of Basel 3.1. The changes relate to delaying the ...

It's only six months until the long delayed Fundamental Review of the Trading Book regulation finally comes into force - but are banks ready for the changes it will bring? The Fundamental Review of ...

Basel IV is here, but compliance is anything but straightforward. Banks, especially multinational institutions, must navigate deviations between the EU’s CRR3, the UK PRA’s Basel 3.1 and the global ...

This article is written by Eugene Stern, Bloomberg Head of Market Risk Product and Brad Foster, Bloomberg Global Head of Enterprise Content. It is reproduced from BAI Banking Strategies. Given the ...