This may be of interest to some of you on this lis The Financial Stability Board has launched a consultation on its most recent policy proposal for addressing Too-Big-To-Fail. As part of this proposal, the FSB has included a process for assessing impact of new rules on the “REAL” economy (pg 8). This is a very positive development, but I strongly encourage you and your colleagues to evaluate how this will be done and submit comments/recommendations. New Rules will be urging the FSB to assess the impact on non-FSB members countries – and not just its own members.
FSB Consultative document: http://www.financialstabilityboard.org/wp-content/uploads/TLAC-Condoc-6-Nov-2014-FINAL.pdf
Deadline for feedback: Feb 2, 2015
New Rules for Global Finance will be working on a briefing that can help clarify some of these issues, such as total loss absorbing capacity (TLAC). If you have any reports or suggestions that might help us clarify such issues, please share with us! Also, let us know what questions you think need to be answered.
Nathan Coplin, Deputy Director
New Rules for Global Financ
2000 M Street NW, Suite 720
Washington, DC 20036
Tel.(810) 348 3165
Fax. (202) 280-1141