Entries for 'Market Fragmentation'

This paper, How Fragmentation is Continuing to Challenge the Provision of Cross-Border Financial Services: Issues and Recommendations, outlines issues and recommendations to consider in order to avoid the negative economic consequences inherent in a fragmented global financial system.

On September 30, the IIF submitted a response to the FSB Consultation Report on the evaluation of the too-big-to-fail reforms.

This staff paper discusses the heightened importance of coordination among an internationally active bank’s supervisors during the COVID-19 pandemic and suggests opportunities to continue enhancing supervisory coordination through the crisis and the recovery phase.

The IIF provides high-level comments to the European Commission’s public consultation on the revision of the EU Non-Financial Reporting Directive (NFRD).

This IIF Staff Paper summarizes key international ESG disclosure frameworks and evolving regulatory approaches in major jurisdictions. The IIF encourages the relevant international standard setting bodies to take steps in the coming months towards a harmonized cross-sectoral ESG disclosure framework. 

In this special edition of the Global Regulatory Update, Andres Portilla, Managing Director and Head of Regulatory Affairs, discusses with Bill Coen, former Secretary General of the Basel Committee and Chairman of the IFRS Advisory Council, the global regulatory and policy response to the ongoing COVID-19 crisis.

The IIF is pleased to submit our comment letter on the Bank of England Discussion Paper on ‘The 2021 biennial exploratory scenario (BES) on the financial risks from climate change.’ 

Given the global nature of the climate change agenda, global leadership is essential to encourage the development of well-aligned and considered regulatory and supervisory frameworks across jurisdictions. However, there are already signs of fragmentation in several policy areas.

Tim Adams, President and CEO of the IIF, opened the 12th annual IIF G20 Conference in Riyadh, Saudi Arabia.

The Institute of International Finance (IIF) on February 11th conveyed its financial services regulatory priorities for engagement with the new European Commission in a letter to Executive Vice-President Valdis Dombrovskis. 

The Institute of International Finance on February 14th submitted a response to the Basel Committee on Banking Supervision Consultative Document on Voluntary Disclosure of Sovereign Exposures. 

This IIF staff paper evaluates the benefits of cross-border banking, with a focus on its implications for the macroeconomy and financial stability. It also includes policy proposals to reduce market fragmentation and maximize the net benefits of cross-border banking. 

Each year Tim Adams, President and CEO of the IIF, takes an opportunity at the Annual Meetings to share a few thoughts on what the IIF has been working on throughout the year and what to expect from the IIF next year.

Debra Stone, Managing Director and Head of Corporate Regulatory Affairs at JPMorgan Chase and Wilson Ervin, Vice Chairman in the Group Executive Offic...

The IIF has submitted a response to the FSB’s Call for Evidence. We urge the FSB to consider specific issues during its evaluation, including market fragmentary trends around the implementation of the TBTF reforms. 

The IIF has submitted letters to the G20, Financial Stability Board and IOSCO commending their commitment to address the increasing levels of fragmentation in financial markets.