Download PDF James Schwartz* The derivatives market was seen as having contributed substantially to the financial crisis of 2007–08. This led to efforts to regulate derivatives in many of the countries in which their use was commonplace. Historically, the swaps market … [Read more...] about The CFTC’s Cross-Border Guidance for Swaps and Substituted Compliance Regime
Basel Committee on Banking Supervision
Download PDF George M. Williams jr* The Dodd-Frank Wall Street Reform and Consumer Protection Act 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
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?
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