Advocacy
The IACPM represents its members before regulatory and administrative bodies globally. We meet regularly with the Basel Committee; the Fed and OCC (US), OSFI (Canada), PRA (UK), EBA (Europe), Bank of Japan and FSA (Japan), APRA (Australia), and have also met with rule making bodies such as FASB and IASB. Ongoing work is being done by IACPM’s Regulatory Committee on a number of issues, including the Basel Committee’s Revisions to the Standardized Approach for Credit Risk and floors, non-Payment Corporate Credit Insurance, Risk Sharing Transactions and CECL. The committee meets once a month to discuss topical global regulatory updates.