TMX Technology- Razor Risk: Capital Efficiency Under FRTB
Capital Impacts
With the forthcoming FRTB standards due to be implemented at the end of 2019, banks have been busy assessing capital impacts. When combined with other regulations such as increased Basel III capital requirements, Dodd Frank Volcker Rule, bilateral margining requirements, IFRS 9, IRRBB, SA-CCR and SA-CVA, capital consumption and performance have become a greater focus more than ever. As each desk needs separate approval for IMA as opposed to SA, the choice of desk structures
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