Topic
Systemic Risk
220 published works
Global Regulation Tomorrow
Basel Committee agrees to revisions to Basel Core Principles, consults on addressing window-dressing in the G-SIB framework and reaffirms expectation about Basel III implementation
On 29 February 2024, the Basel Committee on Banking Supervision (Basel Committee) announced it had approved revisions to the Core Principles for Effective Banking Supervision. The final standard, which follows…
The CLS Blue Sky Blog
SEC Adopts New Rule on Reporting by Private Fund Advisers
By Gary Gensler
Today [February 8], the Commission voted to adopt amendments to Form PF, an important reporting tool whereby the Commission and the Financial Stability Oversight Council (FSOC) receive reporting from private…
Global Regulation Tomorrow
Commission report on the macroprudential review for credit institutions, the systemic risks relating to NBFIs and their interconnectedness with credit institutions
By Simon Lovegrove (UK), Michael Born (DE)
On 24 January 2024, the European Commission (Commission) published its report to the European Parliament and the Council on the macroprudential review for credit institutions, the systemic risks relating to…
Global Regulation Tomorrow
BoE Working Paper: Principles and techniques to resolve large banks whose failure could have systemic consequences
On 19 January 2024, the Bank of England (BoE) published a working paper considering in detail the main techniques for resolving large banks and containing the systemic consequences which could…
Latham.London
Funded Reinsurance: The PRA Flags Risks From Schematic Review
UK regulator continues to raise concerns that current market practices could lead to systemic risk. By Victoria Sander The Prudential Regulation Authority (PRA) has issued another communication, the latest of…
Global Financial Regulatory Blog
Funded Reinsurance: The PRA Flags Risks From Schematic Review
UK regulator continues to raise concerns that current market practices could lead to systemic risk. By Victoria Sander The Prudential Regulation Authority (PRA) has issued another communication, the latest of…
Cleary Enforcement Watch
The First Shoe Drops—SEC Adopts the Initial Amendments to Form PF
By Robin M. Bergen, Amber V. Phillips, Ben Rosenblum, Andrew Schaengold
On May 3, 2023, the U.S. Securities and Exchange Commission (“SEC”) adopted amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers (“RIAs”) to private funds. The…
The CLS Blue Sky Blog
SEC Chair Speaks on New Rule for Private Fund Data Collection
By Gary Gensler
Today [May 3], the Commission considers adopting a final rule amending Form PF, an important tool that the Commission uses to oversee private fund advisers. I am pleased to support…
Credit Chronometer
No Guarantee Systemic Risk Exception Will Save the Next Bank
By Joseph Cioffi, Nicole Zatserkovniy, Adam M. Levy
As observed with the rescue of Silicon Valley Bank (SVB) and Signature Bank, the systemic risk exception allows the Federal Deposit Insurance Corporation (FDIC) to intervene in situations where the…
Global Regulation Tomorrow
EBA updates data used for the identification of G-SIIs
On 29 September 2022, the European Banking Authority (EBA) disclosed the data items used to identify global systemically important institutions within the EU. The EBA has published 13 indicators and…