What will the FRTB revisions mean for trading and derivatives?The Basel Committee on Banking Supervision or BCBS, kicked off this year by publishing the long awaited revised standards for minimum capital requirements for market risk. Industry participants hope that this is the last chapter of the Fundamental Review of the Trading Book (FRTB), but for many banks the work has just begun in terms of reviewing their operational processes and restructuring trading desks and models.
In this DerivSource podcast we speak to Zeshan Choudhry, partner at Deloitte and Daniel Mayer a manager in Deloitte’s risk advisory business about FRTB revisions and what the impact on derivatives and firms’ operational processes will be.
Listen or read the podcast below.
