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Regulation | The Fundamental Review of the Trading Book
LAGOS (Capital Markets in Africa) – The very aptly named Fundamental Review of the Trading Book (FRTB) is set to go live in 2019 according to the final standards (1) published by Basel Committee on Banking Supervision (BCBS) in January this year. The paper calls for the rules to be incorporated into national legislations by January 2019 with banks expected to use FRTB for calculating reported regulatory capital by January 2020. Whilst its main objective…
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