Basel III / IV
Capital requirements, leverage, liquidity and the practical implications for risk models and reporting.
Regulatory advice
Meet the requirement without building more than you need.
We help banks interpret regulatory requirements, design the minimum viable framework, and produce the evidence that regulators and auditors expect.
Where we help
Regulation is only useful when it can be operated.
We work across the regulatory lifecycle: interpretation, design, implementation, testing and the submission itself.
FRTB
Internal model approaches, standardised fallback, data requirements and feasibility assessments.
IMM and IMA
Application strategy, back-testing frameworks, documentation and regulatory evidence.
CVA and counterparty risk
Exposure modelling, CVA methodology, hedging and the regulatory capital treatment.
Model risk and governance
Policies, procedures, validation standards and the operating model around regulatory models.
Regulatory remediation
Gap analysis, issue remediation and independent review ahead of a regulatory submission.
Engagement
What a typical engagement looks like.
We start with the decision you need to make — an application, a remediation plan, a capital outcome — and work back to the evidence.
Typical problems
- Application timelines slipping because the evidence is not ready
- FRTB data gaps or model approval uncertainty
- Regulatory findings without a credible remediation plan
- Capital impact of methodology choices unclear
Deliverables
- Gap analysis and remediation plan
- Application documentation and regulatory evidence
- Back-testing framework, policies and procedures
- Briefings for risk committees and regulators
Selected work
Regulatory programmes we have delivered.
Client names are withheld. The patterns are representative of the work.
Global South African bank
Back-testing policy for IMM credit risk models
A practical back-testing framework that satisfied the IMM waiver requirements and gave management an economic view of model quality.
Read the case study
Requirement
The bank planned to apply for IMM under Basel III. The waiver required a back-testing framework covering principles, policies and procedures.
Solution
Using experience from a UK FSA IMM application, we defined a robust framework that was practical to operate and aligned with the regulatory expectations.
Benefit
The bank met the regulatory requirement and gained a cash-denominated estimate of model shortcomings, not just a pass/fail result.
Major Scandinavian bank
Fundamental Review of the Trading Book feasibility
A FRTB-compliant prototype and a data gap analysis that turned an abstract regulation into a delivery plan.
Read the case study
Requirement
The market risk department needed to assess the practical challenges of implementing the upcoming FRTB rules.
Solution
Working with a global management consultancy, we built a FRTB-compliant prototype of the market risk framework and led the data workstream, identifying gaps in collection, transformation and storage.
Benefit
The client understood its data-related risks and had a concrete plan for closing the gaps before the compliance deadline.
Facing a regulatory deadline?
Tell us where you are in the programme. We can help with a focused gap review, the methodology, the evidence, or the delivery.