Brexit
Brexit spurs rethink of political risk at global banks
Some banks are reserving capital against political risks, such as Brexit
Brexit fears stall regulatory preparations
Dealers waiting until August to implement key FRTB decisions
Enria: new legislation can help bolster AT1 market
The EBA is also reconsidering its advice to the European Commission on the treatment of CVA risk
A Brexit stress test for the buy side
Markets are betting 2–1 the UK will remain in the EU but securities will tumble if they're wrong
Stress tests at risk of becoming too complex, say bank heads
Regulator demands could lead to "tick-the-box" exercise, hear delegates at Quant Summit Europe