by David Schwartz J.D. CPA | May 21, 2014 | All, Change Overview and Rationale, Procedural Changes
The US Financial Stability Oversight Council has published its 2014 Annual Report which highlights, among other things, the activities of the Council, significant financial market and regulatory developments, an assessment of those developments on the stability of the...
by David Schwartz J.D. CPA | Mar 19, 2014 | All, Formal Regulatory Remedies
“Clearing agencies that have been designated as systemically important or that clear security-based swaps are a backbone of the U.S. financial markets. The enhanced regulatory regime proposed today reflects the importance of effective regulation of these...
by David Schwartz J.D. CPA | Jan 30, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
On January 29, 2014, the European Commission issued its long awaited proposal for the establishment of a central database for Secured Financing Transactions. This release is a part of a larger regulatory effort aimed at increasing the transparency of certain...
by David Schwartz J.D. CPA | Nov 19, 2013 | All, Change Overview and Rationale
On November 5, 2013, the Financial Stability Board (FSB) launched the second stage of its two-stage quantitative impact study on the proposed regulatory framework for securities financing transactions. As you may recall, on August 29, 2013, the FSB published the...
by David Schwartz J.D. CPA | Sep 12, 2013 | All, Change Overview and Rationale, Disclosure Regimes, Formal Regulatory Remedies, Procedural Changes
On August 29, 2013, the Financial Stability Board (FSB) issued its finalized policy framework for its securities lending and repo workstream. As part of a larger examination of shadow banking, the FSB focused on five specific areas in which policies are needed to...
