Global Correspondence
GFMA and other Associations Submit Comments to the BCBS on the Consultative Document: Fundamental Review of the Trading Book
GFMA, the International Swaps and Derivatives Association, Inc. (ISDA) the Institute of International Finance (IIF) and the International Banking Federation (IBFed) provide comments to the Basel Committee on Banking Supervision (BCBS) Consultative Document: Fundamental Review of the Trading Book dated May 2012. The Associations offer this first set of responses, and look forward to an ongoing productive dialogue, while continuing to support the BCBS in its efforts to strengthen and improve the regulatory treatment of the Trading Book.
On May 23, 2013, GFMA, the International Swaps and Derivatives Association, Inc. (ISDA), and the Institute of International Finance (IIF) provide further response to the Consultative Document.
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