A
AcadiFi
Market RiskMedium

Under FRTB, a trading desk passes the backtesting requirement (3 exceptions in 250 days) but fails both the Spearman correlation and Kullback-Leibler divergence components of the P&L attribution test. The desk will most likely be required to:

FRM Part II — Market Risk Practice Question | AcadiFi | AcadiFi