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...
by David Schwartz J.D. CPA | Feb 25, 2017 | All, Commentary
What if banks were to get a capital benefit from investing in superior risk management technology – and if that benefit was disclosed to the market? Should not the costs of risk management investments by FDIC-insured banks be partly repaid by taxpayers in the form of...
by David Schwartz J.D. CPA | Feb 25, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
“Fintech,” or financial technology,” is a term that seems to be on everyone’s lips these days, from bankers to global finance ministers. Dramatic advances in computing power, speed, interoperability, and nearly instantaneous internet communication...
by David Schwartz J.D. CPA | Feb 19, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In dual releases published on January 25, 2017, the Financial Stability Board (FSB) expressed concern that reuse of collateral and rehypothecation of client assets may pose financial stability issues. The financial crisis demonstrated that collateral re-use and...
by David Schwartz J.D. CPA | Feb 19, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
The House Financial Services Committee (“House Committee”) issued a report on February 28, 2017 calling into question the process by which the Financial Stability Oversight Council (FSOC) designates certain non-bank companies as “too big to fail.”...
