Tuesday, February 6, 2018

IIF, ISDA and GFMA have submitted two papers on the NSFR. The first is a request of the Basel Committee to adopt the discretion to lower the original punitive 20% RSF factor add-on for gross derivatives liabilities as a permanent measure. The second is a response to the BCBS consultation on a technical amendment to the NSFR on the RSF factors for treatment of extraordinary monetary policy operations. The letter supports the change but calls for further revisions to the NSFR in order to avoid negative consequences emanating from elements of the new and untested standard. 

IIF Authors

Matthew Ekberg

Matthew
Ekberg
Senior Policy Advisor
mekberg@iif.com

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