Articles tagged with: systemic risk
Click here to view this week’s highlights and lowlights in Wall Street Reform – September 3, 2011 – September 9, 2011.
AFR commented on the FSB’s proposed principles on coordination of bank resolution authority. The comment called on regulators to prioritize reducing the complexity of international financial institutions, rather than simply attempting to manage such complexity.
Franken Pursues Tighter Oversight of Rating Agencies
Ben Protess (Dealbook/NYT)
September 1, 2011
“The Dodd-Frank Act cracked down on the credit rating agencies, the firms that awarded rosy ratings to bonds backed by junky mortgages, but some lawmakers …
3 Questions on Financial Stability
Simon Johnson (Herald Tribune – FL)
September 1, 2011
“The Dodd-Frank financial legislation of 2010 created a Financial Stability Oversight Council, tasked with taking an integrated view of risks in and around the …
Big banks squawk about Basel Committee reforms
Ira Teinowitz (The Deal)
August 30, 2011
“Big bank holding companies and financial groups are criticizing the Basel Committee’s attempt to toughen capital standards for banks under Basel III, as well as …