The association has filed comment letters while recommending further changes to improve risk sensitivity.
The Futures Industry Association (FIA) has filed two comment letters in response to proposals from US federal banking regulators to revise capital standards for Category I and II banking organisations. Basel III proposal includes several changes that would improve the treatment of centrally cleared derivatives The comments suggest implementation of Basel III's enhanced risk-based approach (ERBA) and changes to the Federal Reserve's capital surcharge for global systemically important bank hol