On June 7, ISDA, the Global Financial Markets Association and the Institute of International Finance submitted a joint response to the Basel Committee on Banking Supervision’s (BCBS) consultation on the revised assessment framework for global systemically important banks (G-SIBs). The associations believe the focus of the consultation – perceived window-dressing behavior – is not founded on robust evidence. The feedback is therefore intended to help achieve higher-quality data over the financial year to support the G-SIB assessment framework, rather than focusing on purported window-dressing behavior.
Documents (1) for Joint Response to BCBS G-SIB Window Dressing Consultation
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