by David Schwartz J.D. CPA | Jan 17, 2025 | All, Change Overview and Rationale, Formal Regulatory Remedies
Introduction In the dynamic landscape of financial regulation, the accuracy and reliability of internal rules-based (IRB) models for regulatory capital calculations have become increasingly critical. The Treasury’s Basel IV endgame reproposal presents a valuable...
by David Schwartz J.D. CPA | Dec 15, 2024 | All, Change Overview and Rationale
The Bank of England (BoE) and the Financial Conduct Authority (FCA) have released their 2024 report on artificial intelligence (AI) in UK financial services, highlighting a significant surge in AI adoption across the sector. The report, titled “Artificial...
by David Schwartz J.D. CPA | Oct 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Fed, Financial Stability Board, and the Bank for International Settlements have beein quite busy this summer, and each issued rules or consultations in July furthering Basel III initiatives. On July 1, the Basel Committee issued a consultative document on its...
by David Schwartz J.D. CPA | Dec 29, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
In October 2014, the Bank for International Settlements (BIS) adopted final standards for the “net stable funding ratio” (NSFR), the last plank in the Basel III banking reforms. The NSFR was first proposed in 2009, and elicited much concern from the industry...
by David Schwartz J.D. CPA | Jun 15, 2012 | All, Formal Regulatory Remedies
In anticipation of the G20 Leaders Summit in Los Cabos, Mexico on June 18-19, The Basel Committee has issued its latest progress report on the implementation of its banking standards across member countries. The Committee finds that, though significant progress has...
