by David Schwartz J.D. CPA | 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 | 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 | 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...
by David Schwartz J.D. CPA | May 28, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
Verena Ross, Executive Director of the European Securities and Markets Authority, says that the EU will lead by example in the harmonization and convergence of regulation of OTC derivatives. With the plan for the EU regulation of OTC derivatives, central...
by David Schwartz J.D. CPA | May 23, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
In an April interview with BaFin Quarterly, Dr. Elke König, the head of Germany’s Federal Financial Supervisory Authority (BaFin), called for the swift regulation of shadow banking and derivatives. Critical of the FSB’s data gathering approach to shadow...
