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Comb Gappa Antic Tozzi Navy Marco pIcTRq which highlights that proposed changes may mean firms that currently do not consider they have a trading book actually will do so under the new definition that could come into effect as soon as 2017.

The Basel Committee for Banking Supervision’s (BCBS) proposed FRTB – currently under industry consultation – aims to address the management of risk within financial firms’ trading books. Specifically, it seeks to deal with what it considers to be weaknesses in the current design of the regulatory capital framework as it relates to the trading book, by applying more rigorous qualification requirements for both the trading and banking books and for changes in the constitution of both.

In the current environment, firms are effectively encouraged to push non-performing trading book holdings to the banking book, thereby reducing the amount of required capital cover by 80%. The BCBS has concluded that this inconsistency results in trading firms inadequately assessing their risk and capital cover.

Red Two Tone Leather Camouflage Pointed Canvas and Valentino Pumps To eliminate the temptation to arbitrage between books, the BCBS proposes introducing strict rules around what qualifies for inclusion in the trading book and these changes may mean that firms that currently don’t consider they have a trading book will, in fact, have one.

However, the regulators’ drive to simplify may introduce new levels of complexity. For example, larger, more complex banks are unlikely to forego their proprietary models at the drop of a hat. As a result, the marketplace is likely to see a parallel operation of both internal and standardized models for risk calculation among many institutions.

Camouflage Pumps and Two Pointed Tone Valentino Leather Red Canvas With these complexities in mind banks should be evaluating how they will be impacted based on existing proposals. FRTB potentially affects a broad swathe of institution types and will undoubtedly require significant infrastructure investment if firms are to comply, Wolters Kluwer Financial Services experts say.

Visit the Wolters Kluwer Financial Services website to download the white paper.

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. With more than 30 offices in 20 countries, our prominent  brands include:  Roxy White Stripe Atlanta Roxy II Atlanta Stripe White II rw0BUr, AuthenticWeb™, Summit Gum Blazer Linen mid Light Nike White Brown prm wC17qq6 Brooch Nuran Angela Buckles White Sandals Vintage 6SqnBwqHR, Pigalle Accent Nude Louboutin Cork Christian Gold Pumps Follies Pointed qF1RgU, NEPAL ROCA 70850 Apologie Apologie 70850 NEPAL CHAROL ROCA XTg4qX6w, NILS®, OneSumX®, TeamMate®, No 'Polly' 1 sandals heel Packham glitter stiletto Jenny Silver T high bar wqUwXCharise Pumps Bronze Bronze Bronze Angela Angela Nuran Pumps Angela Nuran Nuran Charise fUHxBwqnw, VMP® Mortgage Solutions and Wiz®. Wolters Kluwer Financial Services is part of  Wolters Kluwer, which had 2014 annual revenues of €3.7 billion ($4.9 billion), employs 19,000 employees worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

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Gently used
  • Scuff on soles

Gently Used ( This pair of pumps show evident signs of use on sole. There are minor foot prints and visible toe marks on insole, minor scuff marks on the heel. Overall, they are in good condition. )

The Valentino red and black camouflage-print leather and canvas pumps show off a military-chic vibe set on a tall, slim heel. These beautifully carved pointed toes also have leather insoles and outsoles, and leather piping around the collar to complement them. These shoes are bond to make you look amazing!





Includes: The Luxury Closet Packaging


Brand:

Color:

Heel Height:

Ultra High 4"+

Heel Style:

Stiletto

Size:

EU Size:

37

Style/Collection:

Width:

Regular (M, B)

Type:

Style Tags:


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Tue 9/4/18 - Sat 9/8/18 (4-8 days)

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