The Pillar 3 changes increase the robustness of trading book disclosures; specifically, firms must demonstrate how they combine their risk measurement approaches to arrive at an overall internal capital assessment. We expect to issue this NPR sometime this summer.
This is precisely the rationale behind the elaboration of our 2022 Financial Literacy Strategy, and the subsequent initiatives that will be rolled out. In devising its Financial Literacy Strategy, the Bank has endeavoured to create content that will meet the requirements of a wide target audience, encompassing our youth, active population and senior citizens.