Go to top
FRTB and BCBS239: Raising the data bar
Archive
02 Jun
2016

FRTB and BCBS239: Raising the data bar

The Fundamental Review of the Trading Book (FRTB) final text was published in January 2016 by the Basel Committee (BCBS).  The aims of the FRTB BCBS standards are to better factor market risk into trading book risk models, and to prevent banks moving instruments between the trading book and the banking book in order to Read More

13 Mar
2014

The OTC dilemma: is the data awesome?

JWG analysis. There is a new film making the rounds where the evil ‘Lord Business’ locks up all the master builders in a think-tank and uses them to design his empire. Quite apart from giving JWG analysts a lot to laugh about, it’s a useful theme when exploring what is going on with OTC trade Read More

10 Mar
2014

How well do you know your regulatory data?

  • 10th March 2014
  • RegTechFS

JWG analysis. If you’re reading this post, then it’s more than likely you are in one of the many job roles that are impacted by financial regulation.  Whether you are directly involved as COO or a legal, compliance, governance or risk officer, or indirectly involved in an operational, IT or business capacity, it’s clear that Read More

07 Mar
2014

The OTC forest: seeing the wood for the trees

JWG analysis. “When a tree falls in the woods, does it make a noise?” While some may find the question trivial, it has provided much food for thought for philosophers since it was first raised in the early 1700s. The answer to the question relies on one’s assumptions on whether observation is a necessary condition Read More

30 Jan
2014

CRISP-ing up: Designing market data contracts for market data users

  • 30th January 2014
  • RegTechFS

By Tristan Dehaan, Market Data Vendor Manager Following a robust market data discussion on RegTechFS, we asked Tristan, a Market Data Vendor Manager at a European Asset Manager, to tell us about his efforts to help the industry get to more client-friendly market data contracts. At the end of 2012, speaking as a well-placed member of Read More

25 Sep
2013

Fatal error: Are market controls under regulatory control?

  • 25th September 2013
  • RegTechFS

What lessons have been learned from the NASDAQ outage and will the SEC’s latest response stop it from happening again? Following the NASDAQ outage in August, the SEC announced that Chair White had “stressed the need for all market participants to work collaboratively – together and with the Commission – to strengthen critical market infrastructure and improve its Read More

30 Aug
2013

£4.4 billion to get divorced? UK treasury estimates cost of ring-fencing to the industry

As part of its on-going drafting of the Banking Reform Bill (BRB) which will implement the Vickers plans for ring-fencing retail banking in the UK, the Treasury recently released an impact assessment of the draft secondary legislation.  It makes for interesting reading as it gives an initial indication of the costs the government thinks will Read More

01 Aug
2013

Good for firms, bad for supervision – EBA publishes CRD IV reporting ITS

  • 1st August 2013
  • RegTechFS

The European Banking Authority (EBA) has finally published its final draft Implementing Technical Standards (ITS) (here) on supervisory reporting for CRD IV. Long awaited, the technical standards set out the near-final reporting requirements, as part of COREP, for own funds, financial information, losses stemming from lending collateralised by immovable property, large exposures, leverage ratio and Read More