Australian FRTB projects slow down amid scheduling uncertainty
Market risk experts think Apra might soften NMRF regime to spur internal model adoption
Banks’ implementation plans for the new market risk capital framework are starting to lose momentum in Australia, say consultants, as the timetable for the Australian Prudential Regulation Authority (Apra) to consult on the new rules has become uncertain. However, some hope the regulator will seek to devise the rules in a way that spurs greater adoption of internal models.
Tim Clarsen, head of Asia
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