by David Schwartz J.D. CPA, Executive Director | Jun 19, 2012 | All
The total value of the repo contracts outstanding on the books of the 62 institutions who participated in the latest survey was EUR 5,647 billion, compared with EUR 6,204 billion in December 2011. Using constant samples, it is estimated that the market con- tracted...
by David Schwartz J.D. CPA, Executive Director | Jun 19, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
In their communiqué from June’s Los Cabos meeting, the G20 said that it expects member nations to finalize their OTC derivatives regulations in order to meet the the G20’s fast approaching deadline. The communiqué urges member nations to fast track their...
by David Schwartz J.D. CPA, Executive Director | Jun 17, 2012 | All, Change Overview and Rationale
Deloitte LLP has come up with clever new way to describe and track the size and changes in the shadow banking industry. Recognizing that market participants and regulators lacked clarity and consistency when it came to defining, measuring, and framing the debate about...
by David Schwartz J.D. CPA, Executive Director | Jun 15, 2012 | All, Formal Regulatory Remedies
In anticipation of the G20 Leaders Summit in Los Cabos, Mexico on June 18-19, The Basel Committee has issued its latest progress report on the implementation of its banking standards across member countries. The Committee finds that, though significant progress has...
by David Schwartz J.D. CPA, Executive Director | Jun 12, 2012 | All, Formal Regulatory Remedies
The SEC has issued a policy statement laying out a roadmap for how it plans to implement new rules regulating security-based swaps and security-based swap market participants under authority granted to it by the 2010 Dodd-Frank Wall Street Reform and Consumer...
