by David Schwartz J.D. CPA | Jul 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On March 4, 2016, the Basel Committee issued a consultation paper on the standardised measurement approach for operational risk. The newly proposed framework, dubbed the “single measurement approach” (SMA) for risk assessment, addresses weaknesses BIS has...
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 14, 2016 | All, ROSE
On May 16, 2016, Fordham students participating in the Center’s Regulatory Outreach for Student Education (ROSE) Program submitted their winning comment letter on the Basel Committee’s December 17, 2015 consultation, “Identification and Measurement...
by David Schwartz J.D. CPA | Apr 14, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In her March 29, 2016 keynote address before the Mutual Fund Directors Forum’s annual policy conference, SEC Chair Mary Jo White laid out some of her thoughts on the role of mutual fund directors in assessing risks and exercising their oversight responsibilities. In...
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)...
