CFA Institute Systemic Risk Council
CFA Institute Systemic Risk Council www.systemicriskcouncil.orgOpposeAdvocacy
Summary: The CFA Institute Systemic Risk Council (SRC) opposes the proposed changes, arguing that they will reduce the capital cushion of the banking system and exacerbate systemic risk. They specifically criticize the reduction in GSIB surcharges, the elimination of the standardized approach floor, and the potential for increased exposure to the opaque nonbank financial intermediary (NBFI) sector.
See attached file(s)