by David Schwartz J.D. CPA | Apr 19, 2012 | All, Formal Regulatory Remedies
Citing the large volume of comments received in response to the proposed rules, on Nov. 9, 2012, the Federal Reserve Board, the OCC, and the FDIC announced in a joint release that proposed rules to implement the Basel III regulatory capital accords will not take...
by David Schwartz J.D. CPA | Feb 19, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
Basel III introduces a leverage ratio and raises the minimum risk-weighted capital ratios, but it does so using highly arcane formulas, suggesting more insight and accuracy than can possibly be achieved. Where the markets assess, demand and adjust intrinsic risk...