On April 11, 2022, the IIF responded to the SEC’s proposed rule: Money Market Reform (File No. S7-22-21).

On March 14, the IIF, GFMA and BPI submitted a comment letter to the International Organization of Securities Commissions (IOSCO) in response to its Consultation Report on Operational resilience of trading venues and market intermediaries during the COVID-19 pandemic. 

The IIF responded to a Request for Information by the Financial Crime Enforcement Network (FinCEN) on the modernization of the AML/CFT regime in the United States. 

The IIF submitted a comment letter to the Office of the Comptroller of the Currency (OCC) consultation on ‘Principles for Climate-Related Financial Risk Management for Large Banks.’

On February 14, the IIF submitted a comment letter to the Basel Committee on Banking Supervision (BCBS) on its Consultative Document on “Principles for the effective management and supervision of climate-related financial risks.”

On February 7, 2022 the IIF submitted comments on the Notice of Proposed Rulemaking by FinCEN in the United States which proposes to establish beneficial ownership reporting requirements. 

On February 4, the IIF collaborated with other trade associations to respond to a Hong Kong Monetary Authority (HKMA) consultation on operational resilience.

The IIF, together with ISDA, submitted a response to the BCBS, CPMI and IOSCO consultative report on the topic of “Review of margining practices” on January 26. 

The Institute of International Finance (IIF) today conveyed its congratulations to Klaas Knot, President of De Nederlandsche Bank, on his appointment as Chairman of the Financial Stability Board (FSB).