Download PDF James Schwartz* The derivatives market was seen as having contributed substantially to the financial crisis of 2007–08.[1] This led to efforts to regulate derivatives in many of the countries in which their use was commonplace.[2] Historically, the swaps market … [Read more...] about The CFTC’s Cross-Border Guidance for Swaps and Substituted Compliance Regime
Basel Committee on Banking Supervision
Capturing Time in Financial Statements
Download PDF George M. Williams jr* The Dodd-Frank Wall Street Reform and Consumer Protection Act[1] applies a number of heightened standards to bank holding companies with consolidated assets of $50 billion or more and to nonbank financial companies that have been … [Read more...] about Capturing Time in Financial Statements
Contingent Convertible Bonds and Banker Compensation: Potential Conflicts of Interest?
Download PDF Gaurav Toshniwal* Two issues related to financial regulation have received significant academic and regulatory attention since the financial crisis: Contingent Convertible Bonds (“CoCos”) and banker compensation. The discussion, however, has largely been … [Read more...] about Contingent Convertible Bonds and Banker Compensation: Potential Conflicts of Interest?
The Coconundrum
Download PDF Frederick Ryan Castillo* Digging deeper into their analytical toolbox, policymakers, academics, and regulators are increasingly exploring whether, and to what extent, a system of contingent capital can strengthen the resilience of the banking sector. The global … [Read more...] about The Coconundrum