Global Correspondence

GFMA Submits Comments to GHOS regarding Finalising International Risk-Based Capital Requirements

GFMA provides comments to the Chair of the Group of
Governors and Heads of Supervision (GHOS) in support of appropriately
calibrated global minimum standards. GFMA endorses the Committee’s
objective in revising the risk-based capital
framework to achieve an appropriate balance between its risk
simplicity and comparability and welcomes the GHOS commitment that these
revisions should not, in aggregate, lead to a significant increase in
capital levels. 

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