BBA has written to the Prime Minister in advance of the G20 Summit. It stresses the importance of resolution regimes to financial regulatory reform and says consistency between resolution regimes and the regime for G-SIBs is critical. It recommends the quality of an institution's recovery and resolution plan should be recognised by regulators when deciding the G-SIB surcharge. Its other major concern is that certain Basel initiatives are moving too quickly and risk penalising trade. (Source: BBA Letter to PM)