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VAR Standard Forms Summary of Changes January 2017 Release Global Changes Revised and reviewed dates were added to the footers, per the 2015 change. New Forms: Form 670 New Construction Contract of

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What is var standard forms summary?

The var standard forms summary is a report that summarizes the value at risk of a financial institution's trading positions.

Who is required to file var standard forms summary?

Financial institutions and trading firms are required to file var standard forms summary.

How to fill out var standard forms summary?

Var standard forms summary can be filled out by compiling information on the institution's trading positions and calculating the value at risk.

What is the purpose of var standard forms summary?

The purpose of var standard forms summary is to provide regulators with insight into the risk exposure of financial institutions and trading firms.

What information must be reported on var standard forms summary?

Information on trading positions, value at risk calculation methodologies, and risk management processes must be reported on var standard forms summary.