by David Schwartz J.D. CPA | Aug 16, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
With the fundamental elements of post-crisis global financial regulatory reform in place, financial markets and market participants are beginning to experience more fully just how heightened capital requirements and leverage and liquidity restrictions are affecting...
by David Schwartz J.D. CPA | Jul 16, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In his final address on July 12, 2016 as the EU’s Commissioner for Financial Stability, Jonathan Hill announced that the European Commission would push the Bank for International Settlements (BIS) to rethink some of its Basel III reforms in light of their affects on...
by David Schwartz J.D. CPA | May 26, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On May 5, 2016, the Department of the Treasury kicked off a series of blog posts on the fixed income market intended to “share our perspective on the available data, discuss key structural and cyclical trends, and reiterate our policy priorities.” The posts are...
by David Schwartz J.D. CPA | May 15, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In March 2016, the Bank for International Settlements (BIS) published a paper reviewing the current knowledge and empirical data on the effects of new bank capital and liquidity requirements. This literature review is comprised of three essays surveying the current...
by David Schwartz J.D. CPA | Mar 17, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a March 7, 2016, speech at the Institute of International Bankers Annual Washington Conference in Washington, DC, Federal Reserve Governor Lael Brainard remarked that new regulations may be having inadvertent effects on market liquidity. Governor Brainard’s...