IIF WGCA: Transmittal Letter to BCBS Chairman on TFIR - Fatal Flaws

4 Aug 2014

Thank you very much for giving us the opportunity to meet again with the Task Force on Interest Rate Risk in the Banking Book (TFIR) on July 7th to discuss technical issues relating to the TFIR’s work of developing policy options for interest rate risk in the banking book (IRRBB) and credit spread risk in the banking book (CSRBB). We really appreciate the consultative approach that the TFIR has taken, and we hope to continue this constructive dialogue throughout the policy development process.

Letter to Basel Committee
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