Basel NMRF changes don’t solve Asian data challenges
Isda AGM: Asian regulators may still need to soften FRTB standards locally, warn bankers
Read all our Isda AGM coverage here.
Revised market risk rules from the Basel Committee on Banking Supervision don’t go far enough towards addressing the lack of trade data in Asian markets, and regional regulators may still need to weigh in with additional relief. That’s the view of some bankers responsible for implementing Basel’s Fundamental Review of the Trading Book in Asia.
“It remains to be seen from regulators [in Asia] whether they would be able to help support the regional banks in
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