by David Schwartz J.D. CPA | Aug 26, 2013 | All
While the traditional view of financial innovation emphasizes the risk sharing role of new financial assets, belief disagreements about these assets naturally lead to speculation, which represents a powerful economic force in the opposite direction. Theoretically,...
by David Schwartz J.D. CPA | May 29, 2013 | All, Change Overview and Rationale
For the most part, regulators and policy makers around the globe have “bought in” to the global regulatory reform agenda brought about by the financial crisis. But, there are differences of opinion on whether the reforms that are underway are up to the...
by David Schwartz J.D. CPA | Aug 28, 2012 | All
The real question today is whether management and the board have the right governance processes in place to drive the critical business activities—to manage risk and calibrate strategy in a coordinated way. As companies move beyond managing financial crisis issues,...
by David Schwartz J.D. CPA | Jul 19, 2012 | All
According to a June survey conducted by KPMG LLP, enterprise risk management processes of many major financial services firms are surprisingly manual – perhaps dangerously so. The survey results are somewhat unexpected given that the financial services industry...
