While only banks with large trading books hold capital for market risk, the issues that the proposed changes are designed to address can be considered by treasurers, asset/liability managers, and traders to determine whether their risk management practices are keeping pace with the changing nature of risks.
But the trigger for recognizing impairments for  BIS Review 65/2004  1  changes in interest rates under EITF 03-1 would no longer be an intent to sell, but rather whether the investor no longer intends to hold the security until fair value recovers to its amortized cost. Also note that the disclosure aspects of EITF 03-1 do apply to third-quarter financial statements.