by David Schwartz J.D. CPA | Aug 16, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
With the fundamental elements of post-crisis global financial regulatory reform in place, financial markets and market participants are beginning to experience more fully just how heightened capital requirements and leverage and liquidity restrictions are affecting...
by David Schwartz J.D. CPA | Aug 15, 2016 | All, Change Overview and Rationale
Over the past thirty years, U.S. banks have largely opted into the bank holding company (BHC) structure. Indeed, BHC structure brings with it a number of advantages from legal, regulatory, and business perspectives. But in recent years with significant increases in...
by David Schwartz J.D. CPA | Jul 26, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
A recent uptick in the three-month US dollar Libor appears to be an unintended consequence of soon to be effective SEC money market fund regulations. Approved in 2014, the regulations intended to make structural and operational reforms to address risks of investor...
by David Schwartz J.D. CPA | Jul 23, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a July 19, 2016 letter to the G20 Finance Ministers and Central Bank Governors ahead of their meeting July 23-24 meeting in Chengdu, Financial Stability Board Chair and Governor of the Bank of England Mark Carney updated the G20 leaders on the FSB’s progress made...
by David Schwartz J.D. CPA | Jul 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On March 4, 2016, the Basel Committee issued a consultation paper on the standardised measurement approach for operational risk. The newly proposed framework, dubbed the “single measurement approach” (SMA) for risk assessment, addresses weaknesses BIS has...
