by David Schwartz J.D. CPA, Executive Director | Oct 29, 2020 | All, Formal Regulatory Remedies
Today the Department of Labor (DOL) issued final rules clarifying the regulatory guideposts for fiduciaries of private-sector retirement and other employee benefit plans in light of recent trends involving environmental, social, and governance (ESG) investing. The DOL...
by David Schwartz J.D. CPA, Executive Director | Oct 19, 2020 | All, Commentary, Cross-Post, Disclosure Regimes
Sustainable investing is becoming more important to investors when creating portfolios. As a result, institutions often follow policies with formal environmental, social, and governance (ESG) factors to guide their investments. They commit substantial resources to ESG...
by David Schwartz J.D. CPA, Executive Director, Ed Blount, Founder and Director Emeritus | Sep 29, 2020 | All, Commentary, Cross-Post
European commissioners are reviewing a study from their securities and market authority (ESMA) that includes a recommendation for new laws to combat unfair trading practices and an extended remit for National Competent Authorities (NCAs) to conduct snap audits of...
by David Schwartz J.D. CPA, Executive Director | Mar 19, 2019 | All, Formal Regulatory Remedies, Procedural Changes
The European Securities and Markets Authority (ESMA) has published the findings of its preliminary study of multiple withholding tax (WHT) reclaim schemes. ESMA conducted this preliminary study at the request European Parliament (EP) and has launched another more...
by David Schwartz J.D. CPA, Executive Director | Dec 19, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
On June 8, 2017, the Basel Committee on Banking Supervision (BIS) issued a second set of frequently asked questions (FAQs) and answers on Basel III’s Liquidity Coverage Ratio (LCR).[1] This latest guidance responds to questions and requests for clarification...
