The Valuation module generates a modeled price, not a market price reference. Will this suffice for the regulator in terms of capital calculations (e.g., FRTB etc)?

Valuation produces level 3 fair value hierarchy prices. For the purpose of FRTB and other regulatory activities, our module Prices is more appropriate as it makes level 1 and 2 available for some projects and vintages, also giving the user access to produce their own level 3 data from there.