EU lawmakers consider extending FRTB deadline

European Parliament Brussels — European Parliament: negotiating the CRR II package, along with the Council of the EU

Samuel Wilkes
@wilkkes
24 May 2017

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European Union lawmakers are considering extending the deadline for banks to implement new international market risk rules, known as the Fundamental Review of the Trading Book (FRTB), by another year, a conference in London heard on May 23.

“At the moment it has not been agreed yet, but I would say it is possible that a three-year implementation will take place, which I think will ease the process for everyone, including us, and we are in the same situation,” Mikael Katz, a manager in bank

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