Global Correspondence

GFMA and other Associations Submit Comments to BCBS on Effective Risk Data Aggregation and Risk Reporting

GFMA, the Institute of International Finance (IIF), the International Banking Federation (IBFed), and The Clearing House Association L.L.C. (TCH) submit comments to the Basel Committee on Bank Supervision (BCBS) on the BCBS’s consultative document on Principles for Effective Risk Data Aggregation and Risk Reporting.  The groups applaud the collaborative approach between the offical and private sectors, and offer additional views and comments on the consultative document.

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