Fundamental Review of the Trading Book (FRTB) is an international standard set of rules proposed by the Basel Committee on Banking Supervision for governing the capital requirements of banks against their market risk exposures. The global financial crisis of 2008 brought to light the deficiencies in the previous market risk framework. Hence this new revised framework was designed to remove those deficiencies. FRTB sets a higher bar for banks to use their own internal models for calculating risk capital requirements. FRTB ensures that the models used by banks adequately capture tail risk events. FRTB cements the boundary between the trading book and the banking book. FRTB also addresses the risk of market illiquidity.

FRTB has introduced multiple changes that are needed to be done in the banking framework. Some of these are tough to be implemented but on the other hand, its an equally important aspect of a bank to generate revenue which becomes a great challenge in such regulatory environment. That is why we design bespoke training courses for organisations to understand the challenges and implement FRTB in their organisation. Depending on the needs of the organization and the participant profile, the course would start with learning the basic market risk concepts in general and then go on to learning FRTB.