BPL Global LLC
BPL Global LLCSupportBusiness
Summary: BPL Global, LLC, an insurance broker, supports the proposed regulatory capital rules provided they include adjustments for broader recognition of credit insurance providers in risk-weight substitutions. They argue that recognizing well-capitalized insurers as eligible guarantors would facilitate sound credit risk management and support portfolio diversification for large banking institutions.
Please see our support letter attached for the IACPM and ITFA joint responses on Question 22 of the Standardized Proposal and Question 51 of the ERBA Proposal.