SIFMA AMG, the Alternative Investment Management Association (AIMA), the Commodities Markets Council (CMC), the Investment Association (IA) and the Managed Funds Association (MFA) provided comments to the Basel Committee on Banking Supervision (BCBS) on Revisions to the Basel III leverage ratio framework, as published in April 2016. SIFMA AMG strongly supports central clearing, which contributes to safer, more resilient derivatives markets. As such, we have significant concerns that the approach being pursued by the BCBS when it comes to the leverage ratio will make it more costly – and in some cases impossible – for end users to access central clearing.

See also:
Consultative Document: Revisions to the Basel III leverage ratio framework