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Daily Archives: November 5, 2015

Haircut floors for non-centrally cleared securities financing transactions – consultative document

Basel Committee on Banking Supervision – Haircut floors for non-centrally cleared securities financing transactions – consultative document. November 5, 2015. “In October 2014, the FSB published a report on Strengthening Oversight and Regulation of Shadow Banking – Regulatory framework for haircuts on non-centrally cleared securities financing transactions and introduced a framework for haircut floors for non-centrally… Continue Reading

OTC derivatives statistics at end-June 2015

“The Bank for International Settlements (BIS) today released OTC derivatives statistics at end-June 2015. November 2015. •    Activity in global OTC derivatives markets fell in the first half of 2015. The notional amount of outstanding contracts declined from $629 trillion at end-December 2014 to $553 trillion at end-June 2015. Even after adjustment for the effect… Continue Reading

NY Fed Trends in Debt Concentration in US By Income

“Household debt in the United States expanded before the Great Recession, contracted afterward, and has been recovering since 2013. But how has the distribution of debt across different income groups evolved over time? Who has been driving the recovery of household debt over the past two years?  To date, there has been little work on… Continue Reading

Outsourcing of US Public Libraries Increases – Transparency and Jobs Decline

Bloomberg, James Nash – As U.S. Libraries Are Outsourced, Readers See Public Trust Erode – “A Maryland company that runs public libraries has more than doubled in size in the past decade as governments seek savings. Bibliophile residents complain that an investment in knowledge and culture is being milked for profit. Library Systems & Services… Continue Reading

Legislative Actions to Repeal, Defund, or Delay the Affordable Care Act

Legislative Actions to Repeal, Defund, or Delay the Affordable Care Act. C. Stephen Redhead, Specialist in Health Policy. Janet Kinzer, Information Research Specialist. October 22, 2015. “Congress remains deeply divided over implementation of the Patient Protection and Affordable Care Act (ACA), the health reform law enacted in March 2010. Since the ACA’s enactment, lawmakers opposed… Continue Reading