After years of debate and delay, the Basel Committee on Banking Supervision’s Federal Review of the Trading Book (FRTB) rules are finally being rolled out, requiring banks around the world to completely overhaul how they determine their market risk.
In this episode of Bloomberg Regulation Rundown, our YouTube series on evolving financial regulations, Bloomberg Regulatory Affairs Specialist Christian Benson, Bloomberg Global Regulatory Product Manager Thomas Labbe and Eugene Stern, Head of Market Risk at Bloomberg explain how FRTB works and discuss the benefits and challenges of using the Standardized Approach and the Internal Models Approach to calculate market risk.
View more Regulatory Insights from Bloomberg’s Public Policy & Regulatory Team.