Bank of England Postpones New Trading Rules by One Year
6 day ago / Read about 0 minute
Author:小编   

On Tuesday, the Bank of England announced a one-year delay in the implementation of certain provisions of its new bank trading rules, pushing the date back to 2028. However, it confirmed that other components of Basel III.1 will still be introduced as scheduled in January 2027. This decision aims to grant additional preparation time to firms and address the uncertainty surrounding the implementation timeline of the Fundamental Review of the Trading Book (FRTB) framework in other jurisdictions. FRTB outlines capital and reporting requirements pertaining to bank trading assets.