Isda broadens FRTB carbon trading study to win over sceptics
New study shows risk weights too high for US markets, but data from 2008 still missing
When the International Swaps and Derivatives Association published a study in July last year arguing that capital requirements for carbon emissions trading are set too high in new trading book capital rules, some regulators were sceptical. Now the European Union is locked in a debate about whether to implement some of Isda’s recommendations, and the industry body is seeking to win over regulators who are sceptical of the original findings.
“We had a number of discussions with regulators around
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