by David Schwartz J.D. CPA | Apr 19, 2009 | All, Change Overview and Rationale, Disclosure Regimes
The Bank of England has called the Credit Crisis an “extraordinary period” which will have “deep and long-lasting consequences” for the global capital markets. The United States Federal Reserve has said the “the sources of the crisis were...
by David Schwartz J.D. CPA | Mar 19, 2009 | All, Disclosure Regimes, Procedural Changes
IOSCO members wish to collect data and create risk profiles of hedge fund managers, in order to help assess systemic risk and “inform the relevant legislative debates.” “Systemic risk has to be identified and guarded against,” agrees the...
by David Schwartz J.D. CPA | Feb 19, 2009 | All, Disclosure Regimes, Formal Regulatory Remedies
Liquidity, said the Central Bank of Luxembourg, must be monitored more closely and procyclical behavior must be mitigated more effectively. The Central Bank of Norway has suggested that requirements should be established stipulating the proportion of liquid assets...
