Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Daily Archives: October 14, 2014

U.S. and U.K. – Key Components for the Resolution of a Global Systemically Important Bank

News release: “The heads of the Treasuries and leading financial regulatory bodies in the United States and United Kingdom today participated in an exercise designed to further the understanding, communication, and cooperation between U.S. and U.K. authorities in the event of the failure and resolution of a global systemically important bank, or G-SIB. The event was hosted by Federal Deposit Insurance Corporation Chairman Martin Gruenberg. Additional participants from the United States were Treasury Secretary Jacob J. Lew, Board of Governors of the Federal Reserve System Chair Janet Yellen, Comptroller of the Currency Thomas Curry, U.S. Securities and Exchange Commission Chair Mary Jo White, U.S. Commodity Futures Trading Commission Chairman Timothy Massad, Federal Deposit Insurance Corporation Vice Chairman Thomas Hoenig, Federal Deposit Insurance Corporation Board Member Jeremiah Norton, Federal Reserve Board Governor Daniel Tarullo, Federal Reserve Bank of New York President William Dudley, and Deputy Treasury Secretary Sarah Bloom Raskin. Participants from the United Kingdom were Chancellor of the Exchequer George Osborne; Bank of England Governor Mark Carney, Deputy Governor for Financial Stability Sir Jon Cunliffe, Deputy Governor for Prudential Regulation and Chief Executive Officer of the Prudential Regulation Authority Andrew Bailey, Deputy Governor for Markets & Banking Minouche Shafik; and Financial Conduct Authority Chief Executive Martin Wheatley. The exercise’s high level discussion furthered understanding among these principals regarding G-SIB resolution strategies under U.S. and U.K. resolution regimes, aspects of those strategies requiring coordination between U.S. and U.K. authorities, and key challenges to the successful resolution of U.S. and U.K. G-SIBs. This exercise builds on prior bilateral work between U.S. and U.K. authorities, which, since late 2012, has included the publication of a joint paper on G-SIB resolution, participation in detailed simulation exercises for G-SIB resolution, and participation in other joint G-SIB resolution planning efforts. The exercise demonstrates the continued commitment of the United States and the United Kingdom since the financial crisis to promote a safer and sounder financial system by cooperating to address issues involved in the orderly resolution of large and complex financial institutions without cost to taxpayers. Both countries reiterated their commitment to the Financial Stability Board’s ongoing work concerning G-SIB resolution. The exercise was timed to coincide with the IMF annual meeting.”

Training Students to Extract Value from Big Data

“As the availability of high-throughput data-collection technologies, such as information-sensing mobile devices, remote sensing, internet log records, and wireless sensor networks has grown, science, engineering, and business have rapidly transitioned from striving to develop information from scant data to a situation in which the challenge is now that the amount of information exceeds a human’s… Continue Reading

Search engine for the Internet of Things

“Thingful® is a search engine for the Internet of Things, providing a unique geographical index of connected objects around the world, including energy, radiation, weather, and air quality devices as well as seismographs, iBeacons, ships, aircraft and even animal trackers.Thingful’s powerful search capabilities enable people to find devices, datasets and realtime data sources by geolocation… Continue Reading

Collection Directions: The Evolution of Library Collections and Collecting

“Written by Lorcan Dempsey, Constance Malpas, and Brian Lavoie, “Collection Directions: The Evolution of Library Collections and Collecting” takes a broad view of the evolution of collecting behaviors in a network environment and suggests some future directions based on various simple models. In this article, the authors look at the changing dynamics of print collections, at… Continue Reading

Study – Patterns of Brain Activation when Mothers View Their Own Child and Dog

Citation: Stoeckel LE, Palley LS, Gollub RL, Niemi SM, Evins AE (2014) Patterns of Brain Activation when Mothers View Their Own Child and Dog: An fMRI Study. PLoS ONE 9(10): e107205. http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0107205  “Neural substrates underlying the human-pet relationship are largely unknown. We examined fMRI brain activation patterns as mothers viewed images of their own child and… Continue Reading

DoD FY 2014 Climate Change Adaptation Roadmap

Department of Defense FY 2014 Climate Change Adaptation Roadmap “Climate change will affect the Department of Defense’s ability to defend the Nation and poses immediate risks to U.S. national security.  The Department is responding to climate change in two ways: adaptation, or efforts to plan for the changes that are occurring or expected to occur;… Continue Reading

Global Wealth Report 2014

The Credit Suisse Global Wealth Report provides the most comprehensive and up-to-date source of information on global household wealth. Since 2010, we have collaborated with Professors Anthony Shorrocks and Jim Davies, recognized authorities on this topic, and the principal authors of “Personal Wealth from a Global Perspective,” Oxford University Press, 2008. Unlike other studies, this… Continue Reading

New GAO Reports – Combatting Nuclear Smuggling, CPSC, Ocean Acidification

COMBATING NUCLEAR SMUGGLING: Risk-Informed Covert Assessments and Oversight of Corrective Actions Could Strengthen Capabilities at the Border, GAO-14-826: Published: Sep 22, 2014. Publicly Released: Oct 14, 2014: CONSUMER PRODUCT SAFETY COMMISSION: Challenges and Options for Responding to New and Emerging Risks, GAO-15-17: Published: Oct 14, 2014. Publicly Released: Oct 14, 2014: “CPSC is responsible for ensuring the safety of thousands of… Continue Reading

337Info – Unfair Import Investigations Information System

“337Info is an information retrieval system that contains data about USITC section 337 investigations, including: the unfair act(s) alleged (patent, trademark, or copyright infringement; misappropriation of trade secrets; etc.) the parties involved (current and historical) the Administrative Law Judge(s) (ALJ(s)) and USITC staff assigned (current and historical) the product(s) involved current investigation status and key… Continue Reading