Cross-Border Resolution

 The need for effective cross-border resolution of compromised financial institutions was seen clearly during the 2008 financial crisis.

Global harmonization of recovery and resolution planning documentation, firm-specific cooperation agreements, and robust peer reviews are imperative to the safety and soundness of our markets in the event of a firm failure. GFMA has argued that progress on orderly resolution regimes should reduce the amount of any G-SIB surcharge currently being considered.

Correspondence

  • GFMA smartbrief
    Free, essential financial industry news, delivered daily.
    Sign up now.
  • Gfma weekly update
    Regulatory and legislative developments from across the globe. View Current Issue
    Sign up now.
  • GFMA LEI Update
    Stay up to date with legal entity identifier developments.
    View Current Issue
    Sign up now
  • Global Regulatory Reform Proposals
    Side-by-side comparisons of numerous regulatory reform proposals.
     View now.
Members of the GFMA Alliance afme asifma sifma