by David Schwartz J.D. CPA | Jun 6, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On May 26 and 27, 2016, the Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas convened in Montréal for a series of round tables covering the decline in correspondent banking services and issues relating to asset management activities....
by David Schwartz J.D. CPA | May 25, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
According to a peer review published the by Financial Stability Board (FSB) on May 25, 2016, regulation of shadow banking remains at an early stage, and much progress remains to be made. According to the report, notwithstanding the progress made, “more work is needed...
by David Schwartz J.D. CPA | Dec 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Though the Financial Stability Board’s (FSB) March 4, 2015 consultation paper on Global SIFI designation is only a week old, it has already generated a chorus of criticism and condemnation from some of the asset management industry’s most powerful players. This second...
by David Schwartz J.D. CPA | Dec 19, 2015 | All, Change Overview and Rationale, Disclosure Regimes, Formal Regulatory Remedies, ROSE
On February 12, 2015, the Center for the Study of Financial Market Evolution (“CSFME” or the “Center”) filed its response to the Financial Stability Board’s (FSB) consultation, Standards and Processes for Global Securities Financing Data...
by David Schwartz J.D. CPA | Nov 19, 2015 | All, Disclosure Regimes, Procedural Changes, ROSE
On November 18, 2015, the Financial Stability Board (FSB) published its final Standards and Processes for Global Securities Financing Data Collection and Aggregation. The final standards are based on the FSB’s previous November 2014 consultation paper and define the...
