*Letters

Basel III Framework

Published on:
February 4, 2011

The Global Financial Markets Association (GFMA) provides comments to the Basel Committee on Banking Supervision (BCBS) on the Basel III framework.  GFMA’s comments include an analysis of the proposed Basel III package and focus on issues that require clarity and/or confirmation.

GFMA joins together some of the world’s largest financial trade associations to develop strategies for global policy issues in the financial markets, and promote coordinated advocacy efforts. GFMA currently has three members: the Association for Financial Markets in Europe (AFME), the Asia Securities Industry & Financial Markets Association (ASIFMA), and, in the United States, SIFMA.

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