After the financial crisis of 2008, regulators have unleashed their powers on banks globally to prevent systematic meltdowns of financial system. This has spawned rules around how much capital to be needs to be maintained, how processes that are used to generate capital estimates needs to be validated and placed under effective governance. Today every bank is going over regulatory implementations like CCAR, Volcker, Model Risk Management,DFAST and so on.
I will periodically cover topics in this area of Risk and Regulation to outline my thoughts and opinion on this subject. I believe for every regulation there are detractors and proponents. In the end a fair mannered debate should prevail to understand the consequences of a particular regulation. I am going to take this cue and put my thoughts in this direction.
Chandra S. Khandrika
I will periodically cover topics in this area of Risk and Regulation to outline my thoughts and opinion on this subject. I believe for every regulation there are detractors and proponents. In the end a fair mannered debate should prevail to understand the consequences of a particular regulation. I am going to take this cue and put my thoughts in this direction.
Chandra S. Khandrika
No comments:
Post a Comment