by David Schwartz J.D. CPA | Feb 14, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On January 29, 2016, the Bank of England (B of E) issued a consultation paper laying out its proposed framework for the systemic risk buffer (SRB) to be applied to ring-fenced banks and large building societies holding more than £25 billion of retail and small and...
by David Schwartz J.D. CPA | Oct 14, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies, Procedural Changes
In a speech in July before at the Money Markets Liaison Committee in London, Chris Salmon, Executive Director, Markets, Bank of England hinted that the Bank of England was exploring means by which it could accept equities as collateral for its market operations,...
by David Schwartz J.D. CPA | Jan 13, 2014 | All, Change Overview and Rationale
Why, after throwing everything bar the kitchen sink at the economy over the past few years, has the economy started to grow only now? Even more importantly, will the recovery last? Having seen a few false dawns over recent years, has the recovery really taken hold...
by David Schwartz J.D. CPA | Jan 17, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies, Procedural Changes
The Bank of England and the US FDIC have issued a joint white paper, “Resolving Globally Active, Systemically Important, Financial Institutions,” focusing on “top-down” resolution strategies that involve a single resolution authority applying its...