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 | May 15, 2017 | All, Formal Regulatory Remedies
In a May 9th Address, Michael Held, Executive Vice President and General Counsel of the Federal Reserve Bank of New York, gave his thoughts on the new compliance landscape. Held told his audience at SIFMA’s Compliance and Legal Society Monthly Luncheon that in recent...
by David Schwartz J.D. CPA | Apr 22, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
A Federal Reserve Report published on April 18, 2017 found that U.S. small businesses are facing hurdles in obtaining much-needed financing for growth. The study indicated that small businesses presently face significantly more stringent credit conditions when...
by David Schwartz J.D. CPA | Oct 22, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Office of the Comptroller of the Currency (OCC) and Board of Governors of the Federal Reserve System (Fed) published final rules in the Federal Register on October 11, 2013 revising risk-based and leverage capital requirements for banking organizations and...
by David Schwartz J.D. CPA | Jan 16, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies, Procedural Changes
On December 20, 2011, the Federal Reserve Board of Directors published its long awaited proposal on enhanced prudential standards and early remediation requirements. This proposal, required by the Dodd-Frank Act, would impose greater levels of regulation and...
