by David Schwartz J.D. CPA | Dec 19, 2010 | All, Disclosure Regimes, Formal Regulatory Remedies
Organized exchanges and central counterparty structures are expected to lower the threat from opaque, concentrated trading networks.[1] Bank for International Settlements: A key way to lessen the systemic risks created by large, interconnected firms is to put in place...
by David Schwartz J.D. CPA | Nov 19, 2010 | All, Disclosure Regimes, Procedural Changes
Legislators will be better equipped to enact appropriate reforms if their deliberations are based on meaningful data regarding hedge funds. IOSCO: IOSCO believes that regulators should seek to develop a comparable and consistent set of data to be collected from local...
by David Schwartz J.D. CPA | Oct 19, 2010 | All, Change Overview and Rationale, Disclosure Regimes
From July 2007 to March 2009, share prices for global banks fell by 75%. That erased US$5 trillion in shareholder equity. Considering all markets, McKinsey has estimated that the fall in global wealth was US$25 trillion. To put that in context, the lost wealth was...
by David Schwartz J.D. CPA | Sep 19, 2010 | All, Disclosure Regimes, Procedural Changes
Although much will be expected of regulators over the next several years, it is unlikely that their budgets will be enhanced commensurately. As a result, creative affiliations will be established with the private sector, to include in-house compliance professionals...
by David Schwartz J.D. CPA | Jun 28, 2010 | All, Change Overview and Rationale, Disclosure Regimes
Regulators have reported the conclusions of study groups looking into the causes of, and remedies for the Credit Crisis. A consensus of opinion exists as to causes, with a growing emphasis among larger central banks on the failings of liquidity risk management. All...
