Share the article

RegulationsSeptember 26 2016

Basel trading book review tests banks' implementation mettle

The fundamental review of the trading book by the Basel Committee on Banking Supervision is proving a tough piece of prudential regulation to implement, because it probes weaknesses such as banks’ siloed nature and differing data standards across departments. Justin Pugsley investigates.

by Justin Pugsley

Share the article

What is happening?

The Basel Committee on Banking Supervision (BCBS) has been revising aspects of the trading book since as far back as 2009, and has produced numerous consultations and updates on a complex and demanding piece of regulation billed as the fundamental review of the trading book (FRTB).

To continue reading, join our community and benefit from

In-depth coverage across key markets
Comments from financial leaders and policymakers worldwide
Regional/country bank rankings and awards

Activate your free trial

Read Next

FCA launches review into Big Tech data

APRIL 24

FCA launches review into Big Tech data

UK regulator might ‘incentivise’ data sharing between Big Tech and financial services firms

UK regulator urges banks to stress test their private equity exposure

APRIL 23

UK regulator urges banks to stress test their private equity exposure

The Prudential Regulation Authority has presented the results of a review on banks' exposure to private equity

Banking groups call for caution as EU advances on common deposit insurance scheme

Risk management

APRIL 19

Banking groups call for caution as EU advances on common deposit insurance scheme

The scheme, first proposed in 2015, has long been stalled because of concerns from some states about sharing risk

Bankers square up to regulators on merger reform

APRIL 19

Bankers square up to regulators on merger reform

Radical new proposals to shake up bank takeovers in the US are testing bankers’ patience

Trending in The Banker