Banks are running out of time on FRTB

Author: Lizzie Meager | Published: 3 Oct 2017

Europe’s biggest banks are running out of time to implement major new capital rules.

The Fundamental Review of the Trading Book (FRTB) involves new minimum capital requirements for market risk, and is designed to pull together various strands of existing legislation and establish a boundary between a firm’s banking and trading book. It’s part of a package of global reforms from the Basel Committee on Banking Supervision finalised in 2014, then amended in 2016.

But according to speakers at an industry event last week, the timeline is a challenge – and Brexit is causing even more problems....



close Register today to read IFLR's global coverage

Get unlimited access to for 7 days*, including the latest regulatory developments in the global financial sector, updated daily.

  • Deal Analysis
  • Expert Opinion
  • Best Practice


*all IFLR's global coverage published in the last 3 months.

Read IFLR's global coverage whenever and wherever you want for 7 days with IFLR mobile app for iPad and iPhone

"The format of the Review has changed over the years; the high quality of its substantive content has not."
Lee C Buchheit, Cleary Gottlieb