by David Schwartz J.D. CPA | 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 | 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...
by David Schwartz J.D. CPA | Dec 22, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
On December 30, 2013, the International Organization of Securities Commissions (IOSCO) published the final report on Regulation of Retail Structured Products, which provides a toolkit outlining regulatory options that securities regulators may find useful to regulate...
by David Schwartz J.D. CPA | Dec 19, 2013 | All, Formal Regulatory Remedies
On June 5, 2013, the Federal Reserve Board issued interim final rules that grant foreign banks’ uninsured US branches and agencies access to the same swaps push out rules exemptions, transition period, and grandfathering provisions applicable to insured depository...
by David Schwartz J.D. CPA | Dec 19, 2013 | All, Formal Regulatory Remedies, Procedural Changes
In their latest client memo, the Blank Rome law firm alerts directors and trustees of financial firms about their role in new swaps regulations. In particular, the firm puts public companies on notice that their boards must take action in order to take advantage of...
