International Regulatory Strategy Group
Published 7 Oct 2013
The IRSG Post Trade workstream has commented on Kay Swinburne MEP's draft own-initiative report on a recovery and resolution framework for non-bank financial institutions.
The group is supportive of many of the recommendations in the report including:
However it also identified a number of additional points, including:
You may also be interested in the following related papers:
IRSG response to European Commission consultation on a possible recovery and resolution framework for financial institutions other than banks
IRSG response to HMT consultation “Financial sector resolution: broadening the regime”