by David Schwartz J.D. CPA | Mar 19, 2017 | All, Formal Regulatory Remedies
Industry experts and regulators have debated for some time now about the effects regulation may or may not be having on liquidity. Critics of tough new bank regulations claim that the increased regulatory requirements, such as the higher capital requirements and new...
by David Schwartz J.D. CPA | Mar 18, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
On March 15, 2017 the Basel Committee on Banking Supervision published a second consultation paper on guidelines for the identification and management of step-in risk. The first consultation on the topic in December of 2015 set out a framework for identifying and...
by David Schwartz J.D. CPA | Mar 15, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
Over the past few weeks, the U.S. Office of Financial Research (OFR) has published a trio of papers looking at various aspects of central counterparties (CCPs). These papers range from the best way to stress test CCPs, to the adequacy of CCP margin requirements and...
by David Schwartz J.D. CPA | Feb 27, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a letter dated January 31, 2017, Vice Chairman of the House Financial Services Committee Rep. Patrick McHenry (R-NC) called on Federal Reserve Chair Janet Yellen to cease negotiating “binding” international financial regulatory standards in such forums...
by David Schwartz J.D. CPA | Feb 26, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
On February 24, 2017, the Bank for International Settlements (BIS) published a new set of responses to interpretation questions related to the Net Stable Funding Ratio (NSFR).[1] This release is a follow-up to the initial FAQ published in July of 2016 and includes...
