by David Schwartz J.D. CPA, Executive Director | Aug 21, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
A discussion paper published on August 10, 2012 by a team commissioned by the UK Treasury’s Chancellor of the Exchequer takes a look at the structure and governance of LIBOR and the corresponding criminal sanctions regime. This initial discussion paper...
by David Schwartz J.D. CPA, Executive Director | Aug 19, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
Ever since the Reserve Primary Fund “broke the buck” in 2008, regulatory reform of money market funds (MMFs) has been an area of intense debate. Following the financial crisis and given the important and pervasive role played by MMFs in the US and global...
by David Schwartz J.D. CPA, Executive Director | Aug 19, 2012 | All, Formal Regulatory Remedies
At the request of the Financial Stability Board, IOSCO has published a consultation paper on the potential regulatory reforms of money market funds. The purpose of the consultation paper is to share with market participants IOSCO’s preliminary analysis regarding the...
by David Schwartz J.D. CPA, Executive Director | Aug 18, 2012 | All
As part of its ongoing protocol project, the International Swaps and Derivatives Association (ISDA) has announced the launch of the August 2012 Dodd-Frank Protocol. The Dodd-Frank Protocol is designed to allow swap market participants to simultaneously amend multiple...
by David Schwartz J.D. CPA, Executive Director | Aug 15, 2012 | All, Formal Regulatory Remedies
In their joint response to the European Securities and Markets Authority (ESMA) draft technical standards for the regulation on OTC derivatives, the Dutch Pension Federation, APG, MN, PGGM, Shell and Syntrus Achmea Asset Management, major players in the Dutch pension...
