Article ID: 4144cb320274a853e33a076f6222ebd613c9d1fafa6880c1481b4df2e1a8f543
Source ID: regulatory:risk.net
Published At: -
Extraction Method: trafilatura
URL: https://www.risk.net/regulation/7963518/european-commission-plans-permanent-changes-to-frtb
Body Text
European Commission plans permanent changes to FRTB EU legislator will start work on new rules later this year to ensure level playing field with US The European Commission is set to make permanent revisions to incoming bank capital rules for trading risks, according to a spokesperson for the legislator. The decision comes after US regulators released a draft of the same framework that differs significantly from the global standards the EC had initially followed. In April, the EC published a draft delegated act making temporary changes to its 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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe You are currently unable to print this content. Please contact info@risk.net to find out more. You are currently unable to copy this content. Please contact info@risk.net to find out more. Copyright Infopro Digital Limited. All rights reserved. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy. If you would like to purchase additional rights please email info@risk.net Copyright Infopro Digital Limited. All rights reserved. You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5. If you would like to purchase additional rights please email info@risk.net More on Regulation Basel’s CVA upgrade: persuasive in the US, less so in Europe Ban on credit risk models could encourage US banks to adopt more sophisticated CVA method Mention markets could be the gap in CFTC prediction rules Proposal clamps down on most – but not all – contracts that are decided by individuals’ actions Sharon Donnery on the ECB’s great simplification push The supervisory board member speaks about geopolitical risk, cyber threats and potential banking regulation reforms Esma denies need for new competitiveness mandate MEP wants explicit requirement; Esma official says it’s already covered in existing rulebook US regulators cut FRTB’s IMA capital hit by 59%, Isda finds Trade body pushes for further changes to cross-product netting, default risk charge US FRTB glitch could spit out negative capital charges Effort to recognise risk diversification between IMA and standardised approach went too far Euronext, LCH back Esma as exchange super-regulator National oversight hurts Europe, exchange officials say – but some are not ready to accept a single watchdog Double, but no trouble? CVA capital hit may lack clout Industry opinion mixed around Basel III endgame derivatives charge
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