by David Schwartz J.D. CPA, Executive Director | Jul 27, 2017 | All, Formal Regulatory Remedies
At his July 27, 2017 confirmation hearing before the Senate Banking Committee, Randal Quarles testified that if confirmed he would advocate not for a rollback, but a reexamination of post-crisis reforms. He also advocated for better transparency on the part of...
by David Schwartz J.D. CPA, Executive Director | 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, Executive Director | 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, Executive Director | 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, Executive Director | 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...
