PRA sets StanChart’s structural FX risk under Pillar 1 requirement

Market RWAs expected to rise $3 billion–4 billion next quarter as a result

Standard Chartered expects market risk-weighted assets (RWAs) to increase by $3 billion–4 billion in the fourth quarter following the Prudential Regulation Authority’s (PRA) decision on the treatment of structural foreign exchange risk.

Currently assessed as a Pillar 2A requirement – a bank-specific buffer applied on top of minimum capital requirements – StanChart will need to start treating it as a Pillar 1 requirement instead. This means the bank must risk-weight its unhedged structural FX

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

Most read articles loading...

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