The report gathers thoughts and views from a cross section of the industry.
The feedback gathered tell us most are on target for implementation in 2023. They plan to finish implementation by end of 2021 with the intent to run parallel for three-four quarters in 2022. Some participants also suggested that they plan to use time in 2022 to review additional disclosure and reporting requirements including need for detailed attribution analysis.
Across the group, participants identified a number of challenges in their LDTI implementation including: