Tag Archives: Monitoring

DFA and Hedge fund regulation

Title IV of the Dodd-Frank Wall Street Reform and Consumer Protection Act makes numerous changes to the registration and reporting and recordkeeping requirements of the Investment Advisers Act of 1940. Among these is the requirement that advisers...

DFA and Financial Stability Oversight Council

As established under the Dodd-Frank Act, the Financial Stability Oversight Council (FSOC) will provide, for the first time, comprehensive monitoring to ensure the stability of financial system in US. The Council is charged with identifying threats...

‘Fair play’ by credit rating agencies is the need of the hour

In the recently held G20 deliberations, there was a call for ending what is called mechanistic reliance on credit rating agencies and encouraging transparency and competition among them. The debate on credit rating agencies is increasingly becoming...

Financial Market Harmonization Through Financial Technology Application

The global financial industry is in the midst of unprecedented and challenging times. Changes in market conditions drive a very different economic climate which beckons the need to accelerate market harmonization in emerging countries. What...

An insight into swap execution facility

Swap Execution Facility is a new entity created by Dodd-Frank Wall Street Reform and Consumer Protection Act (in US). A swap is broadly defined to include most OTC derivatives. Rates swaps, currency swaps, equity swaps, credit default swaps...

Banks’ development and role of technology

Well. That was the topic of the IDRBT Foundation Day Lecture 2011 delivered by Dr C Rangarajan, former Governor of Reserve Bank of India and present Chairman, Advisory Council to the Prime Minister of India on 28th November 2011 at the sprawling...

Unconventional thoughts

I sympathize with the present day inventors who claim great inventions. Their so called great inventions do not see the light of the day, after they announce over the media. I have some questions to ask. – What went wrong with such inventors...

Of Banks and Bankers

Like other business, banks exist to acquire and use assets so that the value of their benefits exceeds their costs. Their basic functions are – borrowing and lending, price determination, information aggregation and co-ordination, risk sharing...

Key challenges in equity markets

Last week, one of my connections raised a question – what are the key challenges in the equity markets – in a forum we share with each other. I was trying to provide an answer to the questions from what I have experienced so for...

Stress testing on banks

Stress testing is the topic of the day. This blog makes an attempt to demystify the topic stress testing. A banking organization holds capital to guard against uncertainty. Capital reassures an institution’s depositors, creditors and counterparties‐‐and...