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23 Jun 2017, 7:35 am
The European Banking Authority (EBA) has published draft amending Regulatory Technical Standards (RTS) on credit valuation adjustment (CVA) proxy spread. [read post]
23 Jun 2017, 6:07 am
Travis Laster, Delaware Court of Chancery, on Monday, June 19, 2017 Tags: Boards of Directors, Delaware law, Fiduciary duties, Go-shop, In re Revlon, Institutional Investors, Investor protection, Merger litigation, Mergers & acquisitions, Shareholder suits, Shareholder voting, Unocal standard Corporate Liquidity, Acquisitions, and Macroeconomic Conditions Posted by Michael S. [read post]
22 Jun 2017, 5:51 pm
CLS Bank before Capstone went under. [read post]
22 Jun 2017, 6:47 am
The PRA also sets out in CP10/17 a proposal to remove Supervisory Statement 11/14: CRD IV: compliance with the EBA’s Guidelines on disclosure of encumbered and unencumbered assets (SS11/14), to align with new EBA regulatory technical standards (RTS). [read post]
21 Jun 2017, 5:05 pm
Background John Reid founded and was Chairman and CEO of Capitol Bancorp, which owned community banks in seventeen states. [read post]
21 Jun 2017, 5:05 pm
Background John Reid founded and was Chairman and CEO of Capitol Bancorp, which owned community banks in seventeen states. [read post]
21 Jun 2017, 7:57 am
Governor of the Bank of England Mansion House speech On 20 June 2017, the Bank of England (BoE) published its Governor’s Mansion House speech. [read post]
20 Jun 2017, 9:40 pm
While these standards weren't applied to banks for half a century (Regulation AA was from 1985), no institution, bank or non-bank, should be wholly surprised at what might be alleged to be unfair or deceptive. [read post]
20 Jun 2017, 9:01 pm
This means that the government may obtain an individual’s bank records from the bank she uses without triggering application of the Fourth Amendment, as per United States v. [read post]
20 Jun 2017, 7:35 pm
The standard situation is that the deal is closed, the closing date has arrived, but the Chinese side fails to perform, claiming the Chinese authorities will not allow it to remit the funds. [read post]
20 Jun 2017, 6:59 pm
Use of DKIM (an email authentication standard) at the top-level (corporate) domain grew substantially, from 44% to 56%. [read post]
20 Jun 2017, 5:42 am
For example, Apple's amended complaint stresses that Qualcomm must prove that some of its declared-standard-essential patents must indeed be proven valid and infringed. [read post]
19 Jun 2017, 7:30 am
As discussed in the previous post, the bill continues the trend of ever more demanding standards for what the president must certify in order to waive sanctions. [read post]
19 Jun 2017, 6:08 am
The Banking Standards Board (BSB) has published its Annual Review 2016/17. [read post]
19 Jun 2017, 6:03 am
View Banking: Council agreement on creditor hierarchy, IFRS 9 and large exposures, 16 June 2017 [read post]
16 Jun 2017, 6:22 am
Here are the blogs from that period in case you missed them: Criminal Finances Act 2017 (8 May 2017) JMLSG consults on revisions to Parts II and III of its AML and CTF guidance (10 May 2017) European Parliament again rejects blacklist of states at risk of money laundering (18 May 2017) Wolfsberg Group guidance on PEPs (24 May 2017) ESAs consult on technical standards to strengthen group-wide money laundering and terrorist financing risk management (1 June 2017) Basel Committee guidelines on… [read post]
16 Jun 2017, 6:20 am
The Chair’s foreword to the EBA annual report includes the following comments: “….the Basel Committee is close to finalising the last changes to international standards, aimed at addressing the excessive and unjustified variability in risk weighted assets [RWAs] calculated via banks’ internal models. [read post]
16 Jun 2017, 6:19 am
Schwarcz & Aleaha Jones, Duke University, on Friday, June 9, 2017 Tags: Agency costs, Banks, Executive Compensation, Financial crisis, Financial regulation, Risk, Risk oversight, Risk-taking, Shareholder primacy, SIFIs, Systemic risk Perk Disclosures: Reminders for Executives and Directors Posted by Ade Heyliger and Kaitlin Descovich, Weil, Gotshal & Manges LLP, on Saturday, June 10, 2017 Tags: Accounting… [read post]
16 Jun 2017, 4:43 am
“banks, savings associations, and credit unions of all sizes, types and regulatory charters. [read post]
15 Jun 2017, 10:20 pm
Government treating the national budget of the 4th or 5th largest economy in the world as a child’s piggy bank, telling us all to be responsible and draw in our belts while the big boys still sup on Chateau Margot and fillet Mignon? [read post]