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...
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...
