Summary of document history
On 18 December 2024, the FSB published Leverage in Non-Bank Financial Intermediation: Consultation report. Interested parties were invited to provide written comments by 28 February 2025. The public comments received are available below.
Responses received
- American Council of Life Insurers (ACLI)
- French Association of Institutional Investors (Af2i)
- Association Française de la Gestion financière (AFG)
- Alternative Investment Management Association (AIMA)
- Association française des Sociétés de Placement Immobilier (ASPIM)
- BlackRock
- Bundesverband Investment und Asset Management (BVI)
- Committee on Capital Markets Regulation
- CCP Global
- CME Group
- Deutsche Börse Group
- European Fund and Asset Management Association (EFAMA)
- German Banking Industry Committee
- Global Association for Foreign Markets
- Investment Company Institute
- International Capital Market Association (ICMA)
- Institute of Economic and Financial Policy (IEFP)
- Institute of International Finance (IIF)
- Insight Investment
- Invest Europe
- Irish Funds
- International Swaps and Derivatives Association (ISDA)
- Liberty Group Ltd
- Loan Market Association
- London Stock Exchange Group
- Loan Syndications and Trading Association (LSTA)
- Managed Funds Association (MFA)
- Nicolin Decker
- Paris Europlace
- Securities Industry and Financial Markets Association (SIFMA)
- Centre for Research on Multinational Corporations (SOMO)
- The Investment Association
- UK Finance
- Witten/Herdecke University
The FSB thanks those who took the time and effort to express their views. The FSB expects to publish the final report in July 2025.