by David Schwartz J.D. CPA, Executive Director | 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, Executive Director | 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, Executive Director | 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...
by David Schwartz J.D. CPA, Executive Director | Feb 28, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On February 10, 2016, the Securities and Exchange Commission approved final rules intended to ensure that both U.S. and foreign dealers are subject to U.S. regulation when they engage in security-based swap dealing activity in the United States. The new rules require...
by David Schwartz J.D. CPA, Executive Director | Feb 19, 2016 | All, Commentary
Financial markets in the 21st Century are profoundly global. This fact was amply demonstrated by the 2007 – 2009 financial crisis, which was centered in the banking systems of the developed western economies but transmitted with devastating effect to economies...
