We have been waiting for this! Thank you to the International Securities Lending Association (ISLA), Farrah Mahmood and the rest of the ISLA team, and Thomas Aubrey for making the effort to explain the unintended consequences and impacts the Basel III Endgame implementations will have on the buyside community. The Global Peer Financing Association (GPFA) has spent a lot of time recently partnering with industry experts to better understand the implications of these rules and our buyside members appreciate ISLA providing this overview of the framework.
GPFA Updates