by David Schwartz J.D. CPA | Dec 22, 2009 | All, Disclosure Regimes, Procedural Changes
Regulators intend to increase the flows of bilateral information so as to isolate sources of risk as well as the ability of market participants to improve their risk management and business models. European Central Bank: Any well-functioning macro-supervisory...
by David Schwartz J.D. CPA | Dec 20, 2009 | All, Disclosure Regimes, Procedural Changes
European Central Bank: We have to succeed. At stake is not only the stability of one of the world’s largest financial systems, but also the support from the over 490 million citizens in the European Union who are watching our efforts very closely. We have counted very...
by David Schwartz J.D. CPA | Oct 19, 2009 | All, Disclosure Regimes, Formal Regulatory Remedies
The Swiss National Bank believes that resolution measures are needed to liquidate international banks without terminal damage to the real economy. “Too big to fail” and “too big to rescue” are the biggest challenges facing regulators today: Swiss National...
by David Schwartz J.D. CPA | Oct 19, 2009 | All, Disclosure Regimes, Formal Regulatory Remedies
Higher capital levels are expected to form the best long-term protection, just as more liquidity will be the best buffer for short-term stresses. To insure that financial defenses are uniformly adopted, global supervisors recommend the inclusion of all business models...
by David Schwartz J.D. CPA | Jul 19, 2009 | All, Disclosure Regimes, Formal Regulatory Remedies
Many free-market economists and politicians are concerned about the potential for loss of sovereignty when agreeing to international cooperation at a level never before considered. It may well be that the first test for many countries will be during the legislative...
