Today, July 6th, SFIG submitted comments, drafted by Mayer Brown, to the Basel Committee on Banking Supervision (“BCBS”) regarding proposed revisions to the Basel III leverage ratio framework. SFIG’s letter provided comments on the BCBS Consultative Document. According to the BCBS, this document “proposes a set of changes to the standard released in January 2014. The proposed changes to the framework are an important element of the regulatory reform programme that the Basel Committee has committed to finalise by end-2016.”
If you would like to join SFIG’s Regulatory Capital and Liquidity Committee, please contact Alyssa.Acevedo@sfindustry.org.