Tag Archives: Systemic

Real Pleadings: Explosive Lawsuit Alleging Systemic Discrimination in Public Service

A Toronto Star story today describes an interesting lawsuit filed by two women employed in the Ontario public service who allege a pattern of systemic discrimination against black employees dating back years. Here is the plaintiff’s statement of claim.  It … Continue reading

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EEOC OKs Systemic Age Discrimination under Pathways “Recent Graduates” Program

Since 2012, the U.S. Office of Personnel Management (OPM) has operated a hiring program that unquestioningly discriminates against older workers. This week it came to light that the EEOC rejected a challenge to the Pathways “Recent Graduates” Program last fall, … Continue reading

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PRA statement on systemic risk buffers and Pillar 2A in stress test hurdle rates

On 12 July 2018, the PRA published a statement on systemic risk buffers (SRBs) and Pillar 2A in stress test hurdle races. The statement is only relevant to those firms that are subject to the CRD IV and the Capital … Continue reading

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European risk board offers recommendations to mitigate investment fund systemic risks

By John Filar Atwood The European Systemic Risk Board (ESRB) issued recommendations to address the systemic risks related to liquidity mismatches and the use of leverage in investment funds. The recommendations, which are addressed to the European Securities and Markets … Continue reading

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Bank Systemic Risk Regulation: The $50 Billion Threshold in the Dodd-Frank Act

Bank Systemic Risk Regulation: The $50 Billion Threshold in the Dodd-Frank Act, December 6, 2017. The 2007-2009 financial crisis highlighted the problem of “too big to fail” financial institutions—the concept that the failure of a large financial firmc ould trigger … Continue reading

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