Industry associations respond to notice of proposed rule-making on single counterparty credit limits

On June 3, 2016, ISDA, The Clearing House Association, the American Bankers Association, the Financial Services Roundtable and the Securities Industry and Financial Markets Association jointly responded to the Board of Governors of the Federal Reserve System’s notice of proposed rule-making implementing single counterparty credit limits for domestic and foreign bank holding companies with total consolidated assets of $50 billion or more.

Documents (1) for Industry associations respond to notice of proposed rule-making on single counterparty credit limits

Maintaining Focus on Basel III Endgame Recalibration

In its original form, the US Basel III endgame proposal would have resulted in disproportionate increases in capital for trading book activities, forcing banks to make difficult choices about their participation in certain businesses. After two-and-a-half years, a revised proposal...

IRRBB Management in EMDEs

Interest rate risk in the banking book (IRRBB) has become a growing priority for banks and regulators in emerging market and developing economies (EMDEs). As many of these countries face monetary tightening cycles and ongoing macroeconomic volatility, bank balance sheets...

Response to CPMI-IOSCO on Consultation

On February 5, ISDA and FIA responded to the Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) consultation on the management of general business risks and general business losses by financial market infrastructures (FMIs)....