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On Topic Archive: 2013

The “war” on Dodd-Frank

July 29, 2013

I debated whether to include this link in the Infographic section of this site or here.  The first interactive infographic is very clever and it is quite informative regarding the lobbying efforts to shape the final regulations under Dodd-Frank. Here is Sunlight Foundation’s analysis of the overall lobbying effort and the players.

Strategy 2 – Barclays announces its plans…

July 29, 2013

…and its current shareholders are not happy about the plans.  WSJ reports and again here.

Strategy 1 – DB Announces Plan to meet Basel III Leverage Ratio

July 29, 2013

DB’s strategy is focused on shrinking its assets and issuing hybrid securities.  BaFin estimates that Germany’s two largest banks (DB and Commerz) were €14b short of Basel III capital at the end of last year compared to €32b at the end of June 2012.

Basel III Leverage Ratio and “The American Add-on” Explained

July 29, 2013

Davis Polk has provided a Client Memorandum which provides an excellent summary of Basel III Leverage Ratio proposals as well as “The American Add-on.”  The memorandum includes an implementation timeline and a discussion of accounting difference reconciliation.  The link is courtesy of the HLS Forum on Corporate Governance and Financial Regulation.

It is not all about bank capital

July 17, 2013

You might think it was all about bank capital reading the press and listening to the public pronouncements of regulatory officials.  Here are a few other things going on:

1.  Volker Rule:  July 21 is the end of the conformance period for bank compliance with the Volker Rule.  Here is what it means…

2.  Dodd Frank:  Also on July 21, the Dodd Frank Act turns 3 years old. Happy Birthday! Don’t expect an end to the terrible twos.  Davis Polk issues a terrific monthly summary of implementation progress.  It is not a pretty picture for the developmentally challenged Act.