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GFMA provides comments to the Financial Stability Board (FSB) in response to the FSB’s Consultative Document:Information sharing for resolution purposes, 12 August 2013.
GFMA is strongly supportive of the work of the FSB towards establishing an effective cross-border recovery and resolution framework and the Key Attributes of Effective Resolution Regimes for Financial Institutions. Cross-border cooperation is a crucial requirement for effective cross-border resolution and GFMA strongly supports efforts to strengthen and facilitate greater cross-border cooperation in this area. In that context, GFMA shares its expertise in response to the Consultative Document.