by David Schwartz J.D. CPA | Jun 14, 2016 | All, Change Overview and Rationale
The Federal Reserve Bank of New York’s (Fed) recently released its April 2016 statistics for the U.S. Tri-Party Repo Market reveal that between March 9, 2016 and April 11, 2016, total tri-party repo collateral decreased by approximately $82 billion to $1.517...
by David Schwartz J.D. CPA | Jun 6, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On May 26 and 27, 2016, the Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas convened in Montréal for a series of round tables covering the decline in correspondent banking services and issues relating to asset management activities....
by David Schwartz J.D. CPA | May 26, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On May 5, 2016, the Department of the Treasury kicked off a series of blog posts on the fixed income market intended to “share our perspective on the available data, discuss key structural and cyclical trends, and reiterate our policy priorities.” The posts are...
by David Schwartz J.D. CPA | May 25, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
According to a peer review published the by Financial Stability Board (FSB) on May 25, 2016, regulation of shadow banking remains at an early stage, and much progress remains to be made. According to the report, notwithstanding the progress made, “more work is needed...
by David Schwartz J.D. CPA | May 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In his December 2, 2016 keynote speech at the second Conference on Banking Development, Stability and Sustainability, Basel Committee Chairman Stefan Ingves invited the financial industry and academics to help better calibrate capital and liquidity standards. As the...