About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

EBA Publishes FRTB Roadmap, Launches Consultation

Subscribe to our newsletter

Prior to the implementation of the Fundamental Review of the Trading Book (FRTB), now scheduled for January 2022, the European Banking Authority (EBA) on June 27 issued a new roadmap for market and counterparty credit risk approaches, providing a comprehensive overview of deliverables in the area of market and counterparty credit risk and outlines the bank’s intentions and objectives in order to ensure a smooth implementation of the new framework within the EU.

In particular, the publication reflects a prioritisation of the EBA work according to four phases, which is broadly in line with the deadlines included in the Revised Capital Requirements Regulation (CRR2) proposal, starting with the implementation of the essential parts of the framework.

The roadmap covers 11 draft technical standards (RTS) which have been divided into three Consultation Papers: draft RTS on liquidity horizons (1), draft RTS on back-testing and profit and loss attribution (PLA) requirements (2), and draft RTS on criteria for assessing the modellability of risk factors under the internal model approach (3).

These standards were developed based on the proposals included in the EBA Discussion Paper (DP) on ‘Implementation in the EU of the revised market risk and counterparty credit risk frameworks’ published on December 18, 2017 and the industry feedback received as a result of the subsequent consultation. The entry into force of these technical standards will trigger the three-year-period after which institutions, which have been granted permission to use the new internal model approach for reporting purposes, will be required to report their data.

In conjunction with the new roadmap, the EBA has launched a consultation on these draft standards, along with a data collection exercise on non-modellable risk factors (NMRF), which will run until October 4, 2019

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Detecting and preventing market abuse

Market abuse – unlawful disclosure of inside information, insider trading, circular trading, “pump and dump” schemes, etc. – poses significant threats to the integrity of capital markets. In 2024, global trading house Trafigura agreed to pay a $55 million fine to the U.S. Commodity Futures Trading Commission (CFTC) for trading with non-public information, manipulating a...

BLOG

19 RegTech Insights for 2025 from our RegTech Summits

The RegTech Summits in London and New York delivered a deep dive into AI-driven compliance, accelerated settlement, and evolving regulatory frameworks among other key RegTech topics, with industry leaders and regulators weighing in on the biggest challenges ahead. From the implementation of accelerated settlement cycles across global markets to the rise of generative AI (GenAI)...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...