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Nematrian Reference Library

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ReferenceTitleLink
BCBS (2013)Consultative Document: Fundamental Review of the Trading Book: A revised market risk frameworkhere

Executive Summary

"This is the Basel Committee's ("the Committee") second consultative paper on the fundamental review of trading book capital requirements. The revisions to the capital framework set out in this paper aim to contribute to a more resilient banking sector by strengthening capital standards for market risks. They form part of the Committee's broader agenda to reform regulatory standards for banks in response to the financial crisis. The revisions in this paper also reflect the Committee's increased focus on achieving a regulatory framework that can be implemented consistently by supervisors across jurisdictions. As such, they incorporate the lessons learned from the Committee's recent investigations into the variability of market risk-weighted assets."


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