Status: Will be live at 06/28/2016 00:00
IIF/ISDA/AFME Response to the European Commission Consultation on the NSFR
On June 24, the IIF, ISDA and AFME jointly submitted a comment letter to the European Commission in response to their consultation on the Net Stable Funding Ratio (NSFR). The letter outlined issues and recommendations for the NSFR as it relates to derivatives, capital markets and trade finance. We emphasize throughout the letter the importance of global consistency in the changes needed to the framework.'