by David Schwartz J.D. CPA | May 20, 2012 | All, Formal Regulatory Remedies
Shadow banking, i.e., credit intermediation outside the regular banking system, may represent the greatest challenge facing financial policy makers today. Since the G20 Summits in Seoul in 2010 and Cannes in 2011, regulators have struggled to envision the changes...
by David Schwartz J.D. CPA | May 19, 2012 | All, Formal Regulatory Remedies, Procedural Changes
The rush to reregulate the financial markets after the financial crisis understandably has many concerned about unintended consequences. Regardless of good intentions, the fixes put in place by legislators, central bankers, and regulators no matter how well thought...
by David Schwartz J.D. CPA | May 17, 2012 | All, Formal Regulatory Remedies
The Federal Reserve Board, Federal Deposit Insurance Corporation, and the Office of the Comptroller of Currency have issued definitive guidance on supervisory expectations for stress testing by banking organizations with more than $10 billion in total consolidated...
by David Schwartz J.D. CPA | May 14, 2012 | All, Formal Regulatory Remedies
The Basel Committee on Banking Supervision is seeking comment on initial policy proposals emerging from the Committee’s fundamental review of trading book capital requirements The consultation paper contemplates a revised market risk framework and proposes...
by David Schwartz J.D. CPA | Apr 29, 2012 | All, Formal Regulatory Remedies
As a result of commitments made at the G20 in 2009, member states across the globe are engaging in a number of regulatory reform initiatives addressing derivatives. Though the G20 members agreed to some basic principles of regulation, and officials say that some level...
