by David Schwartz J.D. CPA | Sep 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On August 10, 2016, the Global Financial Markets Association (GFMA) released a comprehensive analysis of the potential costs of the new Basel standards on lending and capital markets. The report was conducted by Oliver Wyman, a leading global management consulting...
by David Schwartz J.D. CPA | Jul 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On March 6, 2016, the Basel Committee on Banking Supervision (BIS) published a consultation paper proposing to amend or “calibrate” the Basel III non-risk-based leverage ratio. Banks have been lobbying the Committee quite aggressively to make changes to the way...
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 | May 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In his December 2, 2016 keynote speech at the second Conference on Banking Development, Stability and Sustainability, Basel Committee Chairman Stefan Ingves invited the financial industry and academics to help better calibrate capital and liquidity standards. As the...
by David Schwartz J.D. CPA | Mar 23, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Basel Committee on Banking Supervision today released a consultative document proposing a set of changes to the Basel III framework’s approaches for determining Banks’ regulatory capital requirements for credit risk. The goals of these changes are to (i)...
