by David Schwartz J.D. CPA | Apr 13, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
With the main elements of the G20’s core financial reforms underway, the Financial Stability (FSB) has proposed a framework to assess the effects of the reforms. In an April 11, 2017 consultation paper, the FSB proposes a structured framework specifying the processes...
by David Schwartz J.D. CPA | Mar 21, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a March 15, 2017 letter, SIFMA urged Treasury Secretary Steven Mnuchin to take a leading role in the G-20 to reassess existing regulatory reforms and strike the appropriate balance between growth and stability. While acknowledging that regulatory reforms since the...
by David Schwartz J.D. CPA | Feb 25, 2017 | All, Commentary
What if banks were to get a capital benefit from investing in superior risk management technology – and if that benefit was disclosed to the market? Should not the costs of risk management investments by FDIC-insured banks be partly repaid by taxpayers in the form of...
by David Schwartz J.D. CPA | Feb 19, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
Will also improve confidence in prudential ratios The Basel Committee on Banking Supervision has announced its work program themes for 2017 and 2018 to include a greater focus on strengthening supervision by member jurisdictions. In addition, the Committee still...
by David Schwartz J.D. CPA | Feb 19, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
On July 27, 2017, Treasury Secretary Steven Mnuchin delivered the Department of the Treasury’s annual report on the state of the international financial system. Mnuchin’s testimony covered many topics ranging from the Volcker Rule to tax reform and China equity caps....
