A key component of the IRRBB regulation depends on the bank’s models, which are subject to regulatory approval. Legacy systems often struggle to meet the latest technical requirements imposed by ...

IRRBB refers to the current or prospective risk to banks’ capital and earnings arising from adverse movements in interest rates that affect its banking book positions, per the guidelines.

Interest rate risk in banking book (IRRBB) ... Banks should be able to compute the impact of such risks on the economic value and earnings in various scenarios.

Bloomberg announced today that Airstar Bank, a digital bank in Hong Kong, has adopted MARS Front Office, part of Bloomberg’s Multi-Asset Risk System (MARS) solution, to support their Interest ...

"Banks are advised to be in preparedness for measuring, monitoring, and disclosing their exposure to interest rate risk in the banking book" in terms of the circular, it added. As per the guidelines, ...

Airstar Bank, a digital bank in Hong Kong, has adopted MARS Front Office, part of Bloomberg’s Multi-Asset Risk System (MARS) solution, to support their Interest Rate Risk in Banking Book (IRRBB ...

The Reserve Bank on Friday issued final guidelines on Interest Rate Risk in Banking Book which require banks to measure, monitor, and disclose their exposure to IRRBB that may impact the capital base ...