On October 15, the Systemic Risk Council wrote to the Basel Committee on Banking Supervision to strongly support the Committee’s efforts to simplify the Basel capital standards.
You can read the full letter below:
Chair: Simon Johnson
SRC Co-Chair and former IMF Chief Economist
Chair: Erkki Liikanen
SRC Co-Chair and Chairman of the IFRS Foundation Board of Trustees
Senior Advisor: Sheila C. Bair
Founding Chair of Systemic Risk Council Former FDIC Chair
Senior Advisor: Jean-Claude Trichet
Former President of the European Central Bank
Members:
Paul P. Andrews
Managing Director, Research, Advocacy, and Standards, CFA Institute. Former Secretary General of the International Organization of Securities Commissions (IOSCO)
Brooksley Born
Former U.S. Commodity Futures Trading Commission Chair
Sharon Bowles
Former Member of European Parliament and Former Chair of the Parliament’s Economic and Monetary Affairs Committee
Bill Bradley
Former U.S. Senator (D-NJ)
Marina Brogi
Full Professor of Banking and Capital Markets at Sapienza University of Rome and a former member of the Securities and Markets Stakeholder Group at the European Securities and Markets Authority (ESMA).
Andreas Raymond Dombret
Former member of executive board Deutsche Bundesbank, founding member of the Supervisory Board of the European Central Bank;' board member Bank of International Settlements
José Manuel González Páramo
Spanish economist who served as a member of the Executive Board of the European Central Bank (ECB), Executive Board member of Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), and Executive Board member of Bank of Spain
Jeremy Grantham
Co-founder & Chief Investment Strategist, Grantham Mayo Van Otterloo (GMO)
Richard Herring
The Wharton School, University of Pennsylvania
René Karsenti
Senior Advisor to the International Capital Market Association (ICMA)
Elke König
Former Chair of the Single Resolution Board (SRB)
John S. Reed
Former Chairman and CEO of Citicorp and Citibank
Christina Romer
Professor of the Graduate School at the University of California, Berkeley
Executive Director:
Kurt N. Schacht, JD, CFA