Joint Trades Response to BCBS Consultation on Leverage Ratio Treatment of Client Cleared Derivatives

On January 16, ISDA, the Global Financial Markets Association (GFMA) and the Institute of International Finance (IIF) submitted the industry response to the Basel Committee on Banking Supervision’s consultation on treatment of client cleared derivatives in the leverage ratio framework. The Industry is fully supportive of the changes proposed by the Basel Committee, with a strong preference for option 3 in the consultative document that would considerably improve the leverage ratio framework in terms of simplicity, appropriateness and risk sensitivity.

Documents (1) for Joint Trades Response to BCBS Consultation on Leverage Ratio Treatment of Client Cleared Derivatives

ISDA AGM Studio: Michelle Beck, FCA

Michelle Beck, director for wholesale buy‑side oversight at the Financial Conduct Authority, speaks with ISDA’s global head of public policy, Steven Kennedy, about the regulatory approach to systemic risk in non‑bank financial intermediation after a panel discussion on how robust...