We’ve all heard the saying, “Work smarter, not harder.” Nearly a decade since the financial crisis, we are finally getting a chance to put this adage into practice.
On 17 May 2017, FIA responded to the Hong Kong Monetary Authority (HKMA) consultation paper on the implementation of the Basel III Leverage Ratio Framework in Hong Kong.
FIA President and CEO Walt Lukken sent an open letter to President Trump and key congressional and regulatory leaders calling for a comprehensive review of all U.S. financial reform regulation.
Today the Group of Central Bank Governors and Heads of Supervision (GHOS) of the Basel Committee on Banking Supervision announced a delay in their planned January meeting to review the latest package of proposals on capital requirements.
FIA welcomes today’s publication of the European Commission’s (EC) proposals to amend the Capital Requirements Directive 2013/36/EU (CRD IV) and the Capital Requirements Regulation EU No 575/2013(CRR).
A coalition of 15 industry bodies representing clearing members, asset managers, insurance companies, commodity end-users, hedge funds, derivatives exchanges and clearinghouses warned that the leverage ratio component of the Basel III capital requirements will harm the strength and stability of the cleared derivatives markets worldwide unless it is amended to recognize the exposure-reducing effect of the collateral that clearing banks collect from their clients.
FIA President and CEO Walt Lukken discusses the impact of capital on clearing in his opening remarks to Expo 2016. This video is part of the Expo Video Shorts series sponsored by CBOE. More information about CBOE
