by David Schwartz J.D. CPA, Executive Director | Feb 17, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
Creating a system of enhanced monitoring of systematic risk and supervision of systematically important financial institutions (SIFIs) is a key objective of global regulatory reform in the aftermath of the financial crisis. Having established criteria for determining...
by David Schwartz J.D. CPA, Executive Director | Jan 30, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
On January 29, 2014, the European Commission issued its long awaited proposal for the establishment of a central database for Secured Financing Transactions. This release is a part of a larger regulatory effort aimed at increasing the transparency of certain...
by David Schwartz J.D. CPA, Executive Director | Jan 19, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
In an apparent reaction to strong criticism from legislators, asset management industry groups, and even the Securities and Exchange Commission, the Financial Stability Oversight Counsel (FSOC) has indicated that it may encourage stronger regulation of the asset...
by David Schwartz J.D. CPA, Executive Director | Jan 13, 2014 | All, Change Overview and Rationale
Why, after throwing everything bar the kitchen sink at the economy over the past few years, has the economy started to grow only now? Even more importantly, will the recovery last? Having seen a few false dawns over recent years, has the recovery really taken hold...
by David Schwartz J.D. CPA, Executive Director | Dec 29, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Bank for International Settlements has issued a second consultative paper on revisions to the Basel securitization framework. Following on their December 2012 proposal paper, this December 19, 2013 paper comprises a detailed set of proposals, including draft...
