Basel Committee members ‘buying time’ before fixing FRTB mess
Despite inconsistencies today, regulators maintain they want to align global regime eventually
The Basel Committee on Banking Supervision will “eventually” tackle the increasingly inconsistent implementation of new trading book capital rules, a conference in London has heard.
“Regulators are willing to come up with something that is consistent around the globe, but we are currently faced with this scattered implementation and we’re trying to deal with it on a national level, taking into
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