by Regitze Ladekarl, FRM | Sep 16, 2024 | Risk Report
A good and true apology* is hard to come by. This week, however, Team Regulator gave it a try. We have reported on the US proposals for the Basel III endgame and the G-SIB surcharge many times before so here’s an ultra-short recap: Summer 2023: Team Regulator proposes...
by Regitze Ladekarl, FRM | May 27, 2024 | Risk Report
We all know how it started. Last summer Team Regulator slammed Team Bank hard with a proposal that among other stingers would mean an almost 20% increase—AKA $150bn—in the core capital requirement for Club G-SIB. A G-SIB is a Global Systemically Important Bank. The...
by Jonathan Leonardelli, FRM | May 21, 2024 | CECL
Much has changed since CECL became effective—data has grown, technologies have advanced. While those changes themselves may cause a Financial Institution (FI) to reevaluate its CECL system a more important motivator might be experience. For most FIs, the CECL process...
by Regitze Ladekarl, FRM | May 20, 2024 | Risk Report
We at The Risk Report have been exploring entities that by all accounts (haha!) act like banks but aren’t. This week Forbes and a few others highlighted that while these companies largely are exempt from regulation, and market that as an upside, they are also very...
by Regitze Ladekarl, FRM | Apr 29, 2024 | Climate Risk, Risk Report
As you might have noticed, there are differences in the approach to climate change between the US and Europe. In the US, the political discourse on the subject tends to set the pace of progress whereas the Europeans seem to agree more on the interpretation of...
