Zoomed Image

White Papers

Don't waste time searching for expert commentary and analysis from thought leaders in your industry. We've already compiled and vetted valuable content for you.  

Be the most informed member of your team.  Learn what these experts have to say regarding industry developments impacting you.  


  • Recently Added

    The Intersection of Classic Rock and Modern Pop
    Published on September 1, 2014
    Chilton Capital provides its August update on the state of and outlook for the REIT Sector and REIT investing.
    Chilton Capital Management
    REIT Composite August 2014
    Published on September 1, 2014
    YTD performance metrics Summary for the North American REIT sector.
    Chilton Capital Management
    Proposed Margin Requirements for Uncleared Swaps Under Dodd-Frank 2014
    Published on September 10, 2014
    On September 3, 2014, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency (“OCC”), the Farm Credit Administration and the Federal Housing Finance Agency (collectively, the “Prudential Regulators”) issued a proposed rule to establish minimum initial and variation margin collection requirements for uncleared swaps entered into by certain swap dealers and major swap participants. The proposal supersedes the Prudential Regulators’ previous proposal originally issued in April 2011 (the “2011 Proposal”), is intended to take into account the comments received by the Prudential Regulators in response to the 2011 Proposal and follows the promulgation of the international framework for margin requirements of uncleared swaps, uncleared security-based swaps, foreign exchange forwards and foreign exchange swaps finalized in September 2013 by the Basel Committee on Banking Supervision and the Board of the International Organization of Securities Commissions. If adopted, the proposed rule would require that swap dealers and major swap participants subject to the jurisdiction of the Prudential Regulators collect and post minimum initial and variation margin amounts from and to certain swap counterparties, depending on the type of counterparty, in connection with swap transactions.
    Sullivan & Cromwell LLP
    Volcker Rule 2014
    Published on September 10, 2014
    Earlier today, the Board of Governors of the Federal Reserve System (the “Federal Reserve”), the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission and the Commodity Futures Trading Commission (collectively, the “Agencies”) provided an addition to their existing list of Frequently Asked Questions (“FAQs”) addressing the implementation of section 13 of the Bank Holding Company Act of 1956, as amended, commonly known as the “Volcker Rule.”
    Sullivan & Cromwell LLP
    Security-Based Swaps
    Published on September 10, 2014
    On September 8, 2014, the Securities and Exchange Commission proposed a rule under the Securities Act of 1933 to provide that the publication or distribution of price quotes relating to security-based swaps that may be purchased only by eligible contract participants and are traded or processed through a national securities exchange or a security-based swap execution facility will not be deemed to constitute offers of such security-based swaps (or any guarantees of such security-based swaps), for the purposes of the registration requirements of the Securities Act. Comments on the proposed rule are due on or before 60 days from the date of its publication in the Federal Register.
    Sullivan & Cromwell LLP
    Basel III Liquidity Framework 2014
    Published on September 9, 2014
    On Wednesday, September 3, the Board of Governors of the Federal Reserve System (the “Federal Reserve”), the Office of the Comptroller of the Currency (the “OCC”) and the Federal Deposit Insurance Corporation (the “FDIC” and, together with the Federal Reserve and OCC, the “Agencies”) approved a final rule (the “Final Rule”) implementing a quantitative liquidity coverage ratio (“LCR”) requirement for certain large domestic bank holding companies, savings and loan holding companies and depository institutions (“covered companies”), as well as a modified and less stringent LCR for other banking organizations with $50 billion or more in total consolidated assets.  The LCR is intended to ensure that banking organizations hold sufficient stock of “high quality liquid assets” (“HQLA”) to cover the anticipated net cash flows during an acute 30-day stress scenario.
    Sullivan & Cromwell LLP
    Analysis of Risk Retention Groups First Quarter 2014
    Published on August 13, 2014
    Analysis of Risk Retention Groups – First Quarter 2014 contains expert analysis from Demotech, Inc. as well as the reported financial data of risk retention groups (RRGs).
    Demotech, Inc.
    FinCEN Issues Proposed Rule for Enhanced Verification and Identification of Beneficial Owners
    Published on August 7, 2014
    On August 4, 2014, the Financial Crimes Enforcement Network (“FinCEN”) published in the Federal Register a notice of proposed rulemaking (the “Proposed Rule”) pertaining to the development of customer due diligence (“CDD”) requirements that would be applicable to banks (including branches and agencies of foreign banks in the United States), broker-dealers, mutual funds, and futures commission merchants and introducing brokers in commodities (collectively, “covered financial institutions”). The Proposed Rule focuses on what FinCEN describes as the four core elements of CDD. The most notable of these is a requirement for covered financial institutions to identify and verify the identity of beneficial owners of clients that are legal entities, subject to certain exemptions. The other three core elements addressed by the Proposed Rule are identifying and verifying the identity of customers (which are already required by FinCEN regulation), understanding the nature and purpose of customer relationships, and conducting ongoing monitoring of customer relationships. FinCEN’s view is that the latter two are implied in the requirement of covered financial institutions to identify suspicious activity and file reports thereon.
    Sidley & Austin LLP
    Community Bank Credit Stress-Testing Solution: The New Frontier
    Published on August 4, 2014
    Since the introduction of mandated credit stress testing at the largest banks ($10 Billion and above), there has been a progressive migration toward mid-tier banks (similar to what occurred after the inter-agency guidance on interest rate risk and liquidity stress testing) that is continuing to make its way into the community banking space at an accelerating rate. As a result, a more formalized approach to credit stress testing for community banks is quickly becoming an industry norm.
    Darling Consulting Group
    Recent UK Proposals Emphasise Importance of REMIT Compliance for Energy Firms
    Published on August 14, 2014
    Two recent actions demonstrate the United Kingdom’s (“UK”) continuing commitment to enforcing the European energy laws and the need for vigorous compliance efforts by market participants. Last month, the Office of Gas and Electricity Markets (“Ofgem”) published an open letter raising concerns as to market participants’ compliance with the required disclosure of inside information under the Regulation on Wholesale Energy Market Integrity and Transparency (“REMIT”).  Following on from this statement of concern, the UK Department of Energy and Climate Change (“DECC”) opened a public consultation on strengthening REMIT enforcement in the UK through use of criminal sanctions for key offences.
    Cadwalader, Wickersham & Taft LLP (CWT)
Please Note:
close

If you are an SNL subscriber, log-in to access the webinar for free.

If you are not an SNL subscriber, click here

If your company subscribes and you need to create a log-in, click here.
Unsure? Call +1 888-275-2822. Not a subscriber? Get a free trial subscription, click here.

Welcome to SNL!
close

This content is available only to SNL subscribers. Please log in here

If your company subscribes and you need to create a log-in, click here.
Unsure? Call +1 888-275-2822. Not a subscriber? Get a free trial subscription, click here.

Terms of Use | Privacy Policy
Twitter LinkedIn Bookmark and Share  
Home | Contact Us | Join Our Mailing List | Be a Speaker | Calendar of Events | About Us    
Copyright © 2014, SNL Knowledge Center