The Global Markets Financial Association has published its comments on the G20 Summit. The comments focus on the following areas:

  • Extraterritoriality;
  • Cross-border Resolution;
  • Financial Transaction Tax;
  • Financial Benchmarks;
  • Implementation of Basel III;
  • Legal Entity Identifiers;
  • Revisions to the Securitisation Capital Framework;
  • Strengthening the Financial Stability Board; and
  • Strengthening the Oversight and Regulation of Shadow Banking.