US regulators cut FRTB’s IMA capital hit by 59%, Isda finds
Trade body pushes for further changes to cross-product netting, default risk charge
US proposals would significantly reduce banks’ capital costs from using their own models to calculate trading risks compared with previous plans, according to an industry study seen by Risk.net. Amendments made by regulators to the rules could avert a large-scale abandonment of market risk models witnessed in the rest of the world.
“We see a lot of positive changes, and as a result we expect to see
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