ISDA/GFMA/IIF letter on the Fundamental Review of the Trading Book

On May 1, 2015, the joint associations (ISDA/GFMA/IIF) submitted a letter on the Fundamental Review of the Trading Book (FRTB) to the Chairman of the Basel Committee on Banking Supervision (BCBS) and the Chairman of the Group of Governors and Heads of Supervision (GHOS). The letter highlights the Importance of assessing the impact of the design and calibration of the FRTB in advance of finalizing the framework.

Documents (1) for ISDA/GFMA/IIF letter on the Fundamental Review of the Trading Book

Eyeing the Basel III Finish Line

An effective regulatory capital framework relies on multiple ingredients, from appropriate drafting to rigorous testing and consultation. Even minor calibration distortions can inflate capital requirements, which could negatively affect the capacity of banks to support deep and liquid markets, with...

Joint Comment Letter on Basel III Endgame Proposal

The Institute of International Finance (IIF), the International Swaps and Derivatives Association, Inc. (ISDA) and the Securities Industry and Financial Markets Association (SIFMA) today submitted a joint comment letter to the Board of Governors of the Federal Reserve System, the...