Whether you are planning to start your journey or already have an embedded IRB credit risk management framework we can support you navigate an environment of evolving regulatory requirements and increased scrutiny on divergent model risk management practices.
The regulatory landscape for banks and building societies continues to evolve with Basel 3.1 set to make wide-reaching changes to RWA requirements – changes that mean maintaining, or transitioning to, an IRB status will become a more complex challenge than ever before.
For existing IRB firms, this means balancing the need to adhere to the ever-growing list of regulatory changes, whilst being agile enough to realise the benefits from the potential strategic opportunities the new rules create. For the numerous fast-growing challenger banks and building societies, the changes make the timing of any decision to transition to an IRB status much more critical to ensure that the transition is an enabler for growth when taking the next step in the evolution journey.
Firms that are able to navigate this increased complexity will be rewarded by uncovering strategic paths that could lead to significant future capital benefit. This is where we can help you unpick these complexities and open up the paths to allow this future benefit to be realised.
Bringing you the latest analysis of emerging risks, regulatory changes and hot topics impacting the UK IRB framework, to help keep you ahead of the evolving regulatory landscape.