Final Volcker rule spurs rethink on FRTB trading desks

Regulators encourage structural alignment between the two rules, but hurdles remain

desks - Getty.jpg
Differing perspectives: can desks be aligned with both Volcker and FRTB?

Since US regulators completed a redraft of the Volcker rule in October, the small print is prompting banks to reconsider the structure of their trading desks to comply with forthcoming rules on market risk capital.

Banks must identify individual trading desks as part of the Volcker compliance process to show that any positions held are not intended as proprietary trading. Meanwhile, the Basel Committee’s Fundamental Review of the Trading Book (FRTB) requires banks to specify each trading desk

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 copy this content. Please contact info@risk.net to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: