Sunday, May 15, 2016

Fordham Students Submit Comment Letters to Basel Committee

Author: David Schwartz J.D. CPA

On May 16, 2016, Fordham students participating in the Center's Regulatory Outreach for Student Education (ROSE) Program submitted their comment letters on the Basel Committee's December 17, 2015 consultation, "Identification and Measurement of Step-in Risk."  

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Friday, November 20, 2015

FSB Finalizes Standards and Processes for Global Securities Financing Data Collection and Aggregation

Author: Member Admin

On November 18, 2015, the Financial Stability Board (FSB) published its final Standards and Processes for Global Securities Financing Data Collection and Aggregation. The final standards are based on the FSB’s previous November 2014 consultation paper and define the data elements for securities lending, repo, and margin lending that national and regional authorities will be asked to report in aggregate to the FSB.

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Friday, April 3, 2015

2015 ROSE Students File Comment Letters with the FSB

Author: David Schwartz J.D. CPA
The focus of the Winter 2015 ROSE Program was global securities financing data collection and aggregation.  This year, Five teams of Fordham University graduate and undergraduate students researched and drafted comment responses to the Financial Stability Board's ("FSB") November 2014 consultative document, Standards and Processes for Global Securities Financing Data Collection and Aggregation.  The judges reviewed each excellent submission and selected one letter to be published on Fordham letterhead and submitted to the FSB.  (Each of the teams submitted their comment letter to the FSB; however, only one received Fordham Unversity's imprimatur. 

The teams' submissions have been published on the FSB's website.

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Categories: All, ROSE


Thursday, February 12, 2015

CSMFE Submits Comments on FSB Data Collection Proposals

Aircraft pilots cannot monitor risks based solely on altitude; neither can market supervisors.

Author: David Schwartz J.D. CPA
CSFME has submitted a comment letter identifying additional metrics the Center feels are necessary to properly assess the risk of collateral fire sales associated with securities lending transactions.  In particular, CSFME asserts that the FSB and sovereign regulators must expand the data initiative beyond position aggregates, to include risk mitigation resources as well as termination activity.
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Tuesday, January 6, 2015

Open Consultation Papers and Rule Proposals: Winter 2014/15

Author: David Schwartz J.D. CPA
The global regulatory calendar for the first quarter of 2015 includes comment deadlines for a number of consultation papers and rule proposals.  We have compiled a list of the closing dates of many, if not all, of the major comment periods. 
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