The IBFed welcomes the guidance for home and host authorities to implement internal TLAC so that incentives to ring-fence assets domestically are reduced, thereby allowing consistency with the resolution strategy of the G-SIB, and ensuring the credibility of resolution.
Continue ReadingJoint response to Consultative Document “Identification and management of step-in risk”
Joint response letter of the Institute of International Finance (IIF), the International Banking Federation (IBFed), the Global Financial Markets Association (GFMA), the CRE Finance Council (CRECF) and the Commercial Real Estate Finance Council (CREFC) Europe…
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