by David Schwartz J.D. CPA | Nov 21, 2011 | All, Formal Regulatory Remedies
The Basel Committee on Banking Supervision has issued a Frequently Asked Questions document providing technical elaboration on its counterparty credit risk rules, published in June. This FAQ document questions and technical interpretations grouped according to the...
by David Schwartz J.D. CPA | Nov 19, 2011 | All, Formal Regulatory Remedies
On November 9, 2011, Senators Kay R. Hagan (D-NC) and Bob Corker (R-TN) introduced a bill that would provide a legislative framework for establishing a US covered bond market. The purpose behind creating a covered bond market in the US is to enhance liquidity and...
by David Schwartz J.D. CPA | Nov 18, 2011 | All, Formal Regulatory Remedies, Procedural Changes
Institutional Shareholder Services Inc. (ISS) has published the 2012 updates to its US and international corporate governance policies. These guidelines are applicable to shareholder meetings held on or after February 1, 2012. Given the attention regulators and...
by David Schwartz J.D. CPA | Oct 28, 2011 | All, Change Overview and Rationale, Procedural Changes
In his October 6, 2011 testimony before the before the US Congress’s Committee on Banking, Housing, and Urban Affairs, Treasury Secretary Timothy F. Geithner made it clear that shadow banking remains an an area of great concern on his regulatory agenda. Geithner...
by David Schwartz J.D. CPA | Oct 28, 2011 | All, Change Overview and Rationale, Disclosure Regimes
In a forthcoming article in the Vanderbilt Law Review, Robert P Bartlett III, Assistant Professor of Law at the University of California, Berkeley, proposes a disclosure regime designed to enhance accurate pricing of a bank’s exposure to credit risk while at the...
