FASB’s Invitation to Comment – Agenda Consultation
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
Summary
SIFMA’s Asset Management Group (SIFMA AMG) provided comments to multiple agencies, including the Commodity Futures Trading Commission (CFTC) and U.S. prudential regulators, regarding their proposals on margin requirements for uncleared swaps.
SIFMA AMG believes coordination and harmonization among regulators, both within the United States and internationally, is of paramount importance to the successful global implementation of swaps regulatory regimes, particularly as they relate to margin requirements.
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