ISDA AGM Studio: Costas Stephanou, FSB

ISDA’s global head of public policy, Steven Kennedy, talks to Costas Stephanou, head of financial stability analysis at the Financial Stability Board (FSB), about the vulnerabilities associated with non-bank financial intermediation.

A Positive Step to Improve the FRTB in the EU

As the Basel III capital reforms are finalized for implementation in key jurisdictions, ISDA is maintaining a laser focus on making sure the rules are robust and risk-appropriate. Simply put, if capital requirements are set disproportionately high, this will have...

Appropriate Capital Rules Critical for Markets

“Setting capital requirements for globally active banks is a fine balanc­ing act. As regulators learned during the global financial crisis, insuffi­cient capital creates vulnerabilities in the banking sector that can have damaging consequences in times of stress. However, if banks...