The Basel Committee’s proposed consultation on the Fundamental Review of the Trading Book (FRTB) or BCBS 265 outlines a revised market risk framework in response to the financial crisis of 2008. Specifically, BCBS 265 proposes revisions to both the use of internal models and standardised approaches to managing capital and risk types but some of the newly proposed practices have come under scrutiny from the industry.
In a DerivSource podcast, we speak to Misys’ risk specialist, Marcus Cree about the proposed risk management changes and in particular, how treasurers are re-working treasury operations to bolster risk mitigation and gain greater operational efficiency. Tune in or read the transcript below to learn more on how treasury optimisation can be achieved in conjunction with compliance with BCBS 265.
