by David Schwartz J.D. CPA | Mar 30, 2017 | All, Disclosure Regimes, Formal Regulatory Remedies
The European Securities and Markets Authority (ESMA)’s report on Trends, Risks, and Vulnerabilities No. 1, 2017 (TRV) is the body’s latest effort to highlight areas of risk facing European financial markets. Noting that financial markets remained relatively calm since...
by David Schwartz J.D. CPA | Mar 29, 2017 | All, Disclosure Regimes, Formal Regulatory Remedies
In a March 16, 2017 address before the Financial Data Summit in Washington, DC, Richard Berner, Director of the Office of Financial Research (OFR), announced an initiative to identify areas of “duplication, overlap, and inefficiency in regulatory reporting.” The...
by David Schwartz J.D. CPA | Mar 27, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
The House Oversight and Investigations Subcommittee held a hearing on Tuesday, March 28, 2017 to examine the process used by the Financial Stability Oversight Council (FSOC) to designate systemically important financial institutions (SIFIs). The subcommittee heard...
by David Schwartz J.D. CPA | Mar 21, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a March 15, 2017 letter, SIFMA urged Treasury Secretary Steven Mnuchin to take a leading role in the G-20 to reassess existing regulatory reforms and strike the appropriate balance between growth and stability. While acknowledging that regulatory reforms since the...
by David Schwartz J.D. CPA | Mar 20, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
“We reiterate our commitment to support the timely, full and consistent implementation and finalisation of the agreed G20 financial sector reform agenda.” In a statement issued following a two-day meeting in Baden-Baden, finance chiefs of the Group of 20 nations...
