Creating Accountability For Controlling Systemic Risk By Assigning Taxpayers A De Jure Equitable Interest In SIFI Earnings

by | Jul 16, 2013 | General | 0 comments

The theme of the 15th International Banking Conference hosted by the Chicago Federal Reserve was about the Social Value of the Financial Sector – Too Big to Fail or Just Too Big?

With taxpayer dollars being used to prop up financial institutions across some developed economies, it is expected that a fiduciary relationship is established between the taxpayers and the financial institutions. A key component of that trust is transparency and availability of information. Providing weekly and monthly reporting of balance-sheet positions to overseers goes a long way in improving that relationship. Through best in class data management practices, coupled with analytics and forecasting, FRG’s team of consultants will help streamline your requirements for just-in-time regulatory reporting

https://www.chicagofed.org/digital_assets/others/events/2012/international_conference/kane_111612.pdf/