US falls behind in race to match Europe’s FRTB launch date

Matt Bisanz is featured in this article.

"They are really trying hard to get it finalized by January 2024 so banks have a year to put it in place," says Matthew Bisanz, a partner in the financial regulatory team at law firm Mayer Brown. "Typically, you would want at least six months for a proposal to be out for comment and then to make revisions to it, so I'm really hoping they get it done by June."