by David Schwartz J.D. CPA | Aug 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
On October 7, 2015, the Office of Financial Research (OFR) published a paper highlighting the difficulties in interpreting the Liquidity Coverage Ratio (LCR), a new standard set by bank regulators after the financial crisis to help ensure banks maintain sufficient...
by David Schwartz J.D. CPA | Jul 22, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
On July 21, 2015, following a long five-year proposal and comment period, the collection of restrictions imposed by Section 619 of the Dodd-Frank Act and the regulations thereunder (commonly referred to as the “Volcker Rule”) finally went into effect. The aim of...
by David Schwartz J.D. CPA | Jul 20, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
On July 3, 2015, the European Banking Authority (EBA) published its seventh semi-annual report assessing the risks and vulnerabilities in the European banking sector. The July report summarizes the primary developments and trends that have affected the EU banking...
by David Schwartz J.D. CPA | Jun 26, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Federal Reserve Bank of New York’s Tri-Party Repo Infrastructure Reform Task Force issued a progress report on June 24, 2015. The report touts some impressive progress since the task force’s last update in 2014, including the implementation of the task force’s new...
by David Schwartz J.D. CPA | Jun 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a September 30, 2015 speech before the SIFMA Liquidity Forum in New York, Fed President and Chief Executive Officer William C. Dudley addressed concerns that market liquidity is being hindered by regulation. While open to the idea of finding a better balance...
