GFMA, ISDA and IIF Submit Comments to GHOS, BCBS and BIS Regarding the Fundamental Review of the Trading Book Framework

30 October 2015

GFMA, the International Swaps and Derivatives Association (ISDA), and the Institute of International Finance (IIF)  provide comments to the Group of Governors and Heads of Supervision (GHOS), Basel Committee on Banking Supervision (BCBS), and Bank for International Settlements to highlight key areas of the Fundamental Review of the Trading Book (FRTB) framework that require further consideration in order to ensure a balanced and more robust market risk capital framework and prevent negative impacts on the market broader economy.

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