by David Schwartz J.D. CPA | Jul 25, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a July 12, 2017 address before the Paris Europlace International Financial Forum, François Villeroy de Galhau, Governor of the Banque de France, outlined what he sees is necessary to complete the work of financial regulatory reform. Noting that resilience of the...
by David Schwartz J.D. CPA | Jul 18, 2017 | All, Disclosure Regimes, Formal Regulatory Remedies
In his first address as Chairman of the Securities and Exchange Commission, Jay Clayton reaffirmed his dedication to the Commission’s guiding principles and historic approach to regulation. At the same time, however, Chairman Clayton said he sees areas where the SEC’s...
by David Schwartz J.D. CPA | Jul 15, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a June 21, 2017 address before the 26th Annual Securities Finance and Collateral Management Conference in Berlin, Deutsche Bundesbank Board Member Professor Joachim Wuermeling warned that the securities finance sector faces some unique liquidity and collateral...
by David Schwartz J.D. CPA | Jul 7, 2017 | All, Change Overview and Rationale
On June 30, 2017, the Bank For International Settlements (BIS) published the results of a study examining trends in bank deglobalization since the financial crisis. Prompted by data indicating a decline in cross-border activity by banks, the BIS launched a study to...
by David Schwartz J.D. CPA | Jun 28, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In Congressional testimony on June 22, 2017, Federal Reserve Governor Jerome H. Powell highlighted the progress that has been made since the financial crisis in improving the resiliency and resolvability of the U.S. banking industry. Having achieved the primary goals...
