by David Schwartz J.D. CPA | Jul 23, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a July 19, 2016 letter to the G20 Finance Ministers and Central Bank Governors ahead of their meeting July 23-24 meeting in Chengdu, Financial Stability Board Chair and Governor of the Bank of England Mark Carney updated the G20 leaders on the FSB’s progress made...
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 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 | 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...
