Sentences with phrase «on systemic risk»

While I was at the SEC, the US Financial Stability Oversight Council focused on the systemic risk of the asset management industry, so it was an eventful time.
The potential impact on systemic risk is the most difficult aspect of the passive investing revolution to tackle given its largely theoretical nature to this point.
Graph from Office of Financial Research Report on Systemic Risks in U.S. Banking System (Symbols JPM and C denote JPMorgan and Citigroup, respectively.)
On integrating science on systemic risks, the structure for that integration does not exist.
And we must have a focus on systemic risks, implementing solutions that reduce the risk by orders of magnitude more than they cost.
In 2003, he initiated an agency report on systemic risks in the mortgage market.

Not exact matches

And this is what Gross doesn't like, writing, «The fact is that derivatives on a systemic basis represent increased leverage and therefore increased risk — presenting possible exit and liquidity problems in future months and years.»
That can provide hints on activity in China's vast and unregulated shadow banking sector, which authorities have also been targeting in their campaign to reduce systemic risks.
Spotting systemic risks in advance is difficult, but we see none on the immediate horizon that might undercut the current economic expansion.
On HFT and Systemic risks: The 6 May 2010 flash crash in equities shows that rather than HFT per se, algorithmic execution more generally can be a trigger of systemSystemic risks: The 6 May 2010 flash crash in equities shows that rather than HFT per se, algorithmic execution more generally can be a trigger of systemicsystemic risk.
At a briefing on Thursday in Beijing, Mr. Liu, deputy head of the commission's prudential regulation bureau, said that his agency was looking into «systemic risk of some large enterprises,» according to numerous media accounts, and that the risk could spread to other institutions.
On Aug. 14, the regulator said China Securities Finance Corp., the state agency tasked with supporting share prices, would no longer add to holdings unless there's unusual volatility and systemic risk, although it would remain in the stock market for years to come.
So too bad for the millennials who've been shafted by this housing bubble, and too bad for systemic risk to the financial system, but the housing bubble must go on.
Housing bubbles create tail risks, leading Bubb and Krishnamurthy to conclude that imposing greater housing risks on securitizers will be an ineffective and even counterproductive approach to reducing overall «systemic risk» during bubbles.
«The modern financial system seems almost designed for systemic trouble because it continues to rely on VaR (value at risk), carrying the antiquated intellectual baggage of efficient markets and normal distributions into the world of risk management» Frank Martin
In a similar way, trading market fragmentation caused by ill - designed rules and burdensome regulations — and the application of those rules abroad — is harming market liquidity and market safety and soundness, increasing the systemic risk that the Dodd - Frank Act was predicated on reducing.
Last Thursday, the Office of Financial Research (OFR), part of the Federal boondoggle created under the Dodd - Frank financial reform legislation in 2010 to foster the illusion that the government was reining in risk on Wall Street, released a new study showing almost unfathomable levels of systemic and interconnected risk among the too - big - to - fail banks that cratered the U.S. financial system in 2008 and has left our economy still struggling to right itself.
His work focuses on financial regulation, corporate law, contracts, and cross-border transactions and disputes, and his most recent article, «Boilerplate Shock: Sovereign Debt Contracts as Incubators of Systemic Risk,» examines the role of financial contracts in the Eurozone sovereign debt crisis.
VaR and Stress Tests: The Impact of Fat - Tail Risk and Systemic Risk on Commercial Banks in Hong Kong and China
Instead, regional stability will depend on China's success at reducing systemic risks to its financial system — which it aims to accomplish primarily by controlling the pace of credit expansion (see Figure 1) and by gradually deleveraging its state - owned enterprises, or SOEs.
Toward the goal of clean capital markets, in 2004 Byrne began a vigorous citizen - journalist campaign focusing on regulatory capture, hedge fund mischief, settlement system failures, systemic risk, and the possibility of economic warfare against the US by organized crime and foreign governments.
This is one key issue regulators should focus on, because more transparency means less systemic risk.
... this book suggests concrete investing strategies to make Congress's systemic dysfunction work for you, and to hedge the risk and damage that Congress so casually and relentlessly inflicts on your life savings as represented by your portfolio and your house.»
The financial regulatory system operates de facto on a national basis monitoring major financial institutions operating within the national territory, deciding on detailed rules and interpretations governing inter alia the definition of riskiness of assets, the computation of capital, on and off balance sheet items and so on; it also in principle takes a view of the systemic risks which may arise within the national financial system.
Those introduced in response to emergencies or to address systemic financial risks will be exempted, allowing the government to increase the regulatory burden on the financial sector.
The suit, being filed on behalf of CCOP and At - Risk Community Services, will ask the court to impose an independent monitor for NYCHA for what Walden deemed «systemic violations of law» surrounding lead paint monitoring and remediation, providing heat and hot water, providing economic opportunities for tenants and consulting them on policies that affect them.
Based on recent laboratory work demonstrating that major depressive disorder is associated with increased systemic inflammation, the team of researchers hypothesized that psoriasis patients who develop depression are at increased risk of subsequently developing psoriatic arthritis.
«Do they act on certain biological processes that increase risk for poor health — for instance, delaying age - related increases in systemic inflammation?
A tax on individual transactions between financial institutions — based on the level of systemic risk that each transaction adds to the system — could essentially eliminate the risk of future collapse of the financial system, according to a new study recently published in the journal Quantitative Finance.
Capturing these effects is essential for quantifying stress on individual banks and for looking at systemic risk for the network as a whole.»
In fact, the diet should be approximately 70 % of calories from unadulturated fats like low carb nuts (pecans and macadamias are great, almonds ok and peanuts and cashews are considered higher carb on the nut scale), avocado, grass fed butter, coconut oil, olive oil; and the remainng 15/15 for protein and non-starchy vegetable carbs, especially nutrient dense leafy greens It is carbohydrates or high protein leading to gluconeogenesis in the diet that make concurrent consumption of fats a cardiovascular risk, but in a properly carb - restricted and moderate protein diet, and in the absence of systemic inflammation (hsCRP, ESR), one should not worry about increases in cholesterol, but focus on the size of the cholesterol particles (bigger is better) Dr. Peter Attia explains this complex topic well.
One of the best things that happened for women, in my opinion, in 2010, the American College of Oncologists, the cancer doctors, issued a position statement reassuring women that use of an estrogen cream on your pelvic floor, on your vaginal walls is not putting you at risk of systemic cancers and long - term risk of heart disease and stroke and things that we know that come from taking systemic hormones over the long term.
The greatest concern, evidenced by reviews reporting on case studies, is that for people with compromised gut wall integrity there may be a risk of systemic infection.
I never recall being tested for systemic inflammation or even counseled on risk factors other than being constantly reminded to cover up and use sunscreen.
To support attendance, schools must first establish a positive and engaging school climate.87 To reduce chronic absenteeism, however, schools may need to implement more rigorous interventions.88 For example, schools can increase parent engagement to educate guardians on the risks associated with accumulated absences, which they often underestimate.89 Schools may also need to address systemic barriers to attendance by providing safe transportation or high - quality afterschool programs.90
Gilbert's style is hard - hitting; though many financial companies took advantage of government largesse, few practically considered the possibility of bailouts while the boom was going on; they were pursuing profit with little thought of systemic risk.
Can't raise rates because the banking system is on edge (and now the Fed informally cares for the systemic risk created by the investment banks).
Systemic risk stems from a call on liquidity at financial firms that borrow short and lend long for their own accounts.
In his study of Frictional Finance, Lasse H. Pedersen, NYU finance professor and principal of AQR Capital Management, proposes that «frictions are central to the dynamics of financial markets, stronger than any other influence on the market, including systemic risk
This would prevent the unintended consequences of having multiples of protection written on a given risk, where a weak party like AIG is incapable of making good on all of the derivative contracts that they have written, which could lead to its own systemic risk if other derivative counterparties can't absorb the losses.
So, color me skeptical on efforts to monitor and control systemic risk.
«The outbreak of the crisis and its spillover to the entire world reflected the inherent vulnerabilities and systemic risks in the existing international monetary system,» Zhou wrote in an essay posted on the bank's website Monday.
If bailouts are needed because of systemic risk before then, let them be done on a one - off basis.
The looming sentiment of rising rates and inflation has investors focused on reinvestment risk; however, a supply imbalance systemic of voters» hindrance for governments to take on additional debt has municipals as a whole outperforming their peers.
Let me put it another way: if the government wants to reduce systemic risk, let them create risk - based capital regulations for investment banks, and let them increase the capital requirements on loans to hedge funds and investment banks.
The systemic risk would have passed — most firms on Wall Street would be in insolvency, and bonuses would not have been paid.
According to AHA's scientific statement on pet ownership and cardiovascular risk the beneficial effects of pet ownership include «increased physical activity, favorable lipid profiles, lower systemic blood pressure, improved autonomic tone, diminished sympathetic responses to stress, and improved survival after an acute coronary syndrome.»
Excess weight increases the risk for developing endocrine and systemic diseases and puts increased stress on the joints and heart.
«Physical climate change impacts are a systemic risk on a massive scale,» said Ben Caldecott, the director of the sustainable finance programme at the University of Oxford.
«In the future, we will need to create a new team to work on the bitcoin protocol and help bitcoin become a multi-party system to avoid the systemic risk of core being the only team working on the protocol,» he wrote, adding:
a b c d e f g h i j k l m n o p q r s t u v w x y z