Banking Supervision on Higher Prices and Reduced Access to Clearing Experienced by Asset Managers
Summary
SIFMA AMG provided comments to the Basel Committee on Banking Supervision on higher prices and reduced access to clearing experienced by asset managers due to the Basel Leverage Ratio’s failure to recognize exposure-reduction of client segregated initial margin.
SIFMA AMG, Investment Company Institute (ICI), American Chamber of Commerce in Australia (AmCham Australia), Information Technology Industry Council (ITI), Managed…