Providing informed insights on the financial markets
Managing and regulating risks in the financial markets
Financial Risk and Regulation explores a broad range of topics in finance, financial regulation, compliance, and risk management. These include, among many others, regulatory arbitrage, risks created by a firm’s business model, conflicts of interest, risk appetite as the governing metric in risk management, the distinction between risk and uncertainty, and model risk and model risk management. My understanding of these and other subjects constantly evolves and deepens as I teach them and learn from my students at UCLA and the University of Chicago. Also included are posts from my previous blog, Compliance Today: A Blog on Financial Institution Compliance, hosted by the Chicago-Kent College of Law. The final post for that blog is dated December 4, 2017.
Ant Group’s derailed IPO reflects fintech’s uneven, often controversial evolution globally
Goldman’s 1MDB scandal reflects highly skewed priorities and norms in tone at the top
Does the Fed’s relentless grip on Wells Fargo’s balance sheet herald a new compliance regime?
Fed Takes Pathbreaking Action Against Wells Fargo
Wells Fargo’s Foreign Exchange Operations Under Investigation for Over-Charging: Sound Familiar?
Trump Administration Continues Moderate Deregulatory Approach to Financial Markets with OTC Derivatives Proposals
Government Removes AIG’s “Systemically Important” Label: Reading the Tea Leaves
Equifax Hack Points to Possible Corporate Governance and Business Model Factors Leading to Weak Protections for Borrowers’ Personal Data
Fines Imposed by Capital Markets Agencies Drop Precipitously in First Half of ‘17: What Does This Signify?
Trump Bank Plan and CHOICE Act Offer Starkly Different Approaches: What Are the Implications for the Finance Compliance Industry?
Financial Risk and Regulation explores a broad range of topics in finance, financial regulation, compliance, and risk management.