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GFMA Submits Comments to the FSB on Resolution Regimes to Non-Bank Financial Institutions

GFMA provides comments to the Financial Stability Board (FSB) responding to the FSB Consultation Document: Application of the Key Attributes of Effective Resolution Regimes to Non-Bank Financial Institutions (Discussion Paper).  

GFMA summarises the key concerns and comments raised by GFMA members with respect to Appendix III of the Discussion Paper entitled “Client asset protection in resolution.”  Specifically, GFMA’s comments focus on the definition of client assets and on client asset segregation rather than on resolution tools outlined in the Discussion Paper.

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GFMA Submits Comments to the FSB on Resolution Regimes to Non-Bank Financial Institutions-attachment
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