FRTB packs bigger-than-expected capital punch

Industry study challenges regulators' estimate of a 40% capital increase

FRTB is expected to deliver a painful blow to banks

The Basel Committee on Banking Supervision’s final trading book rules would result in a 2.4-times jump in capital requirements when using the new standardised approach, an industry study has revealed.

The impact study, which was based on data from 21 major banks, was carried out by three industry groups: the Global Financial Markets Association (GFMA), Institute for International Finance (IIF) and the International Swaps and Derivatives Association.

The findings – shared exclusively with Risk

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a 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 individual account here: