IIF Authors

Status: Will be live at 12/01/2014 00:00

Joint Associations' letter to the Basel TFIR re the IRRBB/CSRBB QIS templates

Monday, December 1, 2014

The IIF, together with the IBFed, GFMA, and ISDA, submitted a letter to the Basel Committee's Task Force on Interest Rate Risk in the Banking Book (TFIR) containing industry comments on the proposed templates for the planned quantitative impact study (QIS) on the interest rate risk in the banking book (IRRBB) and credit spread risk in the banking book (CSRBB).'  The planned QIS will be launched at the end of January 2015, and is aimed at informing the policy framework for IRRBB and CSRBB.'  The letter serves as a follow-up to a meeting between the industry and the TFIR on November 11 in London.'