With the publication of the final Interest Rate Risk in the Banking Book (IRRBB) standards https://lnkd.in/eMHGMZkT the embedding of the Basel standards into EU Law has been completed. The initial Basel (BCBS) Standards on IRBBB were published in April 2016 and have been developing over the years. Given the recent macro-economic climate, with increasing interest rates and inflation, the European Central Bank has also indicated that addressing sensitivities in interest rates and credit spreads is a supervisory top priority for the coming years.
 
The implementation and embedding of the new regulation in the banking sector often require change management across multiple (agile) departments within the financial institution.
FiSer Consulting specialises in firm-wide strategic implementation and change management to, amongst others, assure the timely implementation of the new regulation.