Topic
Systemic Risk
220 published works
Capital Thinking
Hensarling Chooses CHOICE; CFTC Moves Forward with Priorities as Nominees Pending Confirmation, Administration Outlines Approach to Correspondent Banking
Legislative Activity Hensarling Chooses to Move Forward with CHOICE Act Last Friday, September 9, House Financial Services Committee Chairman Jeb Hensarling (R-TX) announced his intention to move forward with the…
Banking, Finance and Securities
FSB, BIS and IMF report on elements of effective macro-prudential policies
The Financial Stability Board (FSB), the Bank for International Settlements (BIS) and the International Monetary Fund (IMF) have published a report on elements of effective macro-prudential policies. The document, which…
Banking, Finance and Securities
PRA consults on implementation of systemic risk buffer
By Simon Lovegrove (UK), Matthew Gregory (UK)
The PRA has issued Consultation Paper 27/16: The PRA’s implementation of the systemic risk buffer (CP27/16). In CP 27/16, the PRA proposes a draft statement of policy setting out its…
Banking, Finance and Securities
ESRB 2015 annual report
The European Systemic Risk Board (ESRB) has published its annual report for 2015. The report describes the work that the ESRB has carried out during its fifth year of operation…
IM Insights
MJW to FSOC: We’re On It
By Jay G. Baris
In a keynote address before the Investment Company Institute on May 20, 2016, SEC Chair Mary Jo White signaled to the Financial Stability Oversight Council (FSOC) that the SEC is…
Banking, Finance and Securities
FPC adopts systemic risk buffer framework
The Bank of England has published a record of the Financial Policy Committee’s (FPC) meeting on 13 May 2016. The systemic risk buffer (SRB) augments the capital buffer of a…
Banking, Finance and Securities
Bank of England and Financial Services Bill given royal assent
The Bank of England and Financial Services Bill has been given Royal Assent. The provisions in the new Act include those that: complete the Bank of England’s (BoE) Governor’s ‘One…
International Financial Law Prof Blog
Court Overturns Treasury Decision to Designate MetLife as “Too Big Too Fail”
MetLife V. Financial Stability Oversight Council (decided March 30, 2016 but unsealed April 7, 2016): Download MetLife v. FSOC 2016 sealed Ct opinion The salient findings of the Court…
Canadian Structured Finance Law
Canadian mandatory central counterparty clearing proposal limited to significant market participants
Margaret Grottenthaler - The Canadian Securities Administrators’ (CSA) second version of proposed National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives (the Clearing Rule) and proposed Companion Policy 94-101 (the…
Banking, Finance and Securities
FPC’s framework for the systemic risk buffer – a consultation
By Simon Lovegrove (UK), Matthew Gregory (UK)
The Bank of England has published a consultation paper concerning the Financial Policy Committee’s (FPC) systemic risk buffer framework. The systemic risk buffer (SRB) looks to increase the capacity of…