Asian privacy laws obstruct FRTB data pooling efforts

Bank scepticism and regulatory hurdles likely to inhibit cross-border information sharing

Shanghai data pooling
Connection failed: data pooling initiatives in Asia are being held back

Fragmented data privacy laws in key Asian jurisdictions are holding up industry-wide data pooling initiatives designed to help banks comply with new market risk capital rules.  

Under the Basel Committee’s Fundamental Review of the Trading Book (FRTB), banks that use internal models for a given trading desk face capital add-ons for so-called non-modellable risk factors (NMRFs) – those that cannot be properly modelled as a result of insufficient data. Banks say this is likely to be a problem in

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: