Following the Capital Requirements Directive (CRD) 5 legislative package proposed by the European Commission (EC) in November 2016, ISDA and AFME assessed the main aspects related to Leverage Ratio (LR).
The industry supports introducing the LR as simple, transparent and non-risk-based backstop to the risk-based requirements and consistently with the Basel Committee on Banking Supervision’s (BCBS) agreed leverage framework
Documents (1) for CRD 5: Leverage Ratio – ISDA/AFME Position Paper
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