Letters to BIS and IOSCO on the Role of Markets – 14/06/10

14 Jun 2010

IBFed has written to the BIS and IOSCO to provide observations on their work to build enhanced market resilience.  In contributing, IBFed proposed a more systematic approach to promote the well-functioning of markets in support of economic growth rather than drastic measures that could cause negative impacts on the financial system and real economy.  IBFed’s observations cover the use of CCP clearing for OTC instruments, strengthening existing tools to mitigate counterparty risks and mark-to-market valuation practices.

Here is the IBFed letter and here is the paper on the Role of Markets.