Attention shifts to US, UK after European Union postpones FRTB
Global timeline still unclear, with banks hoping lawmakers will use delay to soften rules
The European Union’s move to push back the start date for new bank capital rules on the trading book by one year to January 2026 has turned the spotlight on regulators in the US and the UK, where the requirements are still officially expected to take effect in July 2025.
The European Commission (EC) announced earlier today (June 18) that it had decided to delay implementation of the Fundamental Review of the Trading Book (FRTB), planned for January 2025, due to concerns that US regulators would
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