Policy News

BAFT Submission to the UK Prudential Regulatory Authority on Their Proposed Basel 3.1 Framework

BAFT together with the ICC-UK and several industry associations, has made a joint submission to the UK PRA in response to their proposed Basel 3.1 Framework. Supporting documentation included the ICC Trade Register and the ICC GCD Guarantee Update. In parallel, BAFT made it’s own submission to the UK PRA that is reflective of the global nature of BAFT’s membership.