Status: Will be live at 12/22/2015 00:00
IIF's comments on FSB revised Phase 3 template for GSIBs
Tuesday, December 22, 2015
The IIF commented on the proposed revisions to the Phase 3 of the Common Data Templates for Global Systemically Important Banks (GSIBs). Many issues discussed in the recent exchanges have been addressed and the overall complexity of the template has been managed down, although data requirements remain substantial. Given the aforementioned situation, the comments in this round are mainly intended to clarify the uncertain points in the instructions of the template. The IIF and its Data Working Group members will continue the ongoing dialogue with the FSB on this topic.