by David Schwartz J.D. CPA | Nov 16, 2022 | All, Change Overview and Rationale, Cross-Post
The Common Domain Model (CDM), the International Securities Lending Association’s (ISLA) ambitious securities lending standardization project, is a step closer to reality. And industry leaders already see opportunities for application. In a report jointly...
by David Schwartz J.D. CPA | Aug 19, 2022 | All, Cross-Post, Formal Regulatory Remedies
A collection of the globe’s most significant securities trade associations[1] joined forces to file a comprehensive response to the Basel Committee on Banking Supervision’s (BCBS) second public consultation on the prudential treatment of banks’...
by David Schwartz J.D. CPA, Ed Blount | Sep 29, 2020 | All, Commentary, Cross-Post
European commissioners are reviewing a study from their securities and market authority (ESMA) that includes a recommendation for new laws to combat unfair trading practices and an extended remit for National Competent Authorities (NCAs) to conduct snap audits of...
by David Schwartz J.D. CPA | Feb 25, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
“Fintech,” or financial technology,” is a term that seems to be on everyone’s lips these days, from bankers to global finance ministers. Dramatic advances in computing power, speed, interoperability, and nearly instantaneous internet communication...
by David Schwartz J.D. CPA | Dec 27, 2016 | All, Change Overview and Rationale
By now, all but the most strident luddite has heard of Bitcoin, the notorious stateless crypto-currency. Naturally, financial firms and regulators have started to take notice of Bitcoin. But it is not necessarily the currency they are interested in. Rather, they are...
