by David Schwartz J.D. CPA | Mar 29, 2016 | All, Formal Regulatory Remedies
Banks drive economic growth by providing financing for consumers and businesses. To provide this vital financing, their business models rely heavily on cheap and efficient maturity transformation made possible, in part, through short-term financing. With an...
by David Schwartz J.D. CPA | Mar 23, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Basel Committee on Banking Supervision today released a consultative document proposing a set of changes to the Basel III framework’s approaches for determining Banks’ regulatory capital requirements for credit risk. The goals of these changes are to (i)...
by David Schwartz J.D. CPA | Mar 19, 2016 | All, Change Overview and Rationale
In an October 20, 2016 address before the British Bankers Association’s Annual International Banking Conference, Dr. Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, highlighted the environment of uncertainty in which banks currently...
by David Schwartz J.D. CPA | Mar 17, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a March 7, 2016, speech at the Institute of International Bankers Annual Washington Conference in Washington, DC, Federal Reserve Governor Lael Brainard remarked that new regulations may be having inadvertent effects on market liquidity. Governor Brainard’s...
by David Schwartz J.D. CPA | Mar 13, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
Among the priorities in the European Commission’s (EC) list of its planned initiatives for 2016 is a new push to refine a package of reforms under its Markets in Financial Instruments Directive (MiFID II). After announcing just last month that MiFID II implementation...
