Malaysia set to delay FRTB implementation
Local lenders wait on central bank’s interpretation of Basel standards before upgrading IT infrastructure
Malaysia is set to become the latest jurisdiction to delay implementing the Basel Committee’s revamped market risk capital framework, known as the Fundamental Review of the Trading Book (FRTB), with the country’s supervisors understood to be concerned about the impact of the regime on local markets.
Bank Negara Malaysia is expected to confirm a delay in the coming weeks, sources tell Risk.net
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