Category «Financial System»

FSB Peer Review of China

Financial Stability Board, August 13, 2015: “The peer review examines two topics relevant for financial stability and important for China: the macroprudential management framework and non-bank credit intermediation. The review focuses on the steps taken by the Chinese authorities to implement reforms in these two areas, including by following up on relevant recommendations in the …

Subjects: Economy, Financial System, Government Documents

New G20/OECD Principles of Corporate Governance

News release, September 5, 2015: As part of continuing efforts to promote market confidence and business integrity, G20 Finance Ministers have endorsed a new set of G20/OECD corporate governance principles. The G20/OECD Principles of Corporate Governance provide recommendations for national policymakers on shareholder rights, executive remuneration, financial disclosure, the behaviour of institutional investors and how …

Subjects: Economy, Financial System, Government Documents

Strategic Five-Year Technology Investment Plan for Aviation Security 2015 Report to Congress

Via FedBizOpps: “The Transportation Security Administration (TSA), Office of Security Capabilities is presenting the Strategic Five-Year Technology Investment Plan. The Plan was prepared pursuant to a requirement in Section 1611 of the Homeland Security Act of 2002 (P.L. 107-296), as amended by Section 3 of the Transportation Security Acquisition Reform Act (P.L. 113-245). It presents …

Subjects: Civil Liberties, Congress, Economy, Financial System, Government Documents, Legal Research, Legislation, Patriot Act, Transportation

Diversity Levers

Burk, Dan L., Diversity Levers (September 6, 2015). Duke Journal of Gender Law & Policy, Vol. 23, 2015. Available for download at SSRN: http://ssrn.com/abstract=2656884 “Patent law is capable of prompting innovation across a wide range of technologies by virtue of flexible “policy levers” that allow patent standards to be calibrated to the impediments that characterize …

Subjects: Civil Liberties, Economy, Financial System, Legal Research, Patent and Trademark

Book Review: Econometrics – Legal, Practical, and Technical Issues

Deng, Ai, Book Review: Econometrics — Legal, Practical, and Technical Issues (Second Edition) (August 26, 2015). Available for download at SSRN: http://ssrn.com/abstract=2656886 “In this article, I review the second edition of Econometrics — Legal, Practical, and Technical Issues (2014) by the American Bar Association. In addition to an overview of the content, I elaborate on …

Subjects: Economy, Financial System, Legal Research

President Signs Executive Order – Establishing Paid Sick Leave for Contractors

The White House – Office of the Press Secretary For Immediate Release September 7, 2015. Executive Order Establishing Paid Sick Leave for Federal Contractors. “By the authority vested in me as President by the Constitution and the laws of the United States of America, including 40 U.S.C. 121, and in order to promote economy and …

Subjects: Economy, Financial System, Government Documents, Health Care, Legal Research

England and Germany Limit Bank Resolution Obligations

Harvard Law School Forum on Corporate Governance and Financial Regulation. Posted by Solomon J. Noh and Fredric Sosnick, Shearman & Sterling LLP “In two recent decisions, European national courts have taken a narrow view of their obligations under the Bank Recovery and Resolution Directive (BRRD)—the new European framework for dealing with distressed banks. The message …

Subjects: Economy, Financial System, Government Documents, Legal Research

Household Debt and Business Cycles Worldwide

Mian, Atif R. and Sufi, Amir and Verner, Emil, Household Debt and Business Cycles Worldwide (September 3, 2015). Available for download at SSRN: http://ssrn.com/abstract=2655804 “A rise in the household debt to GDP ratio predicts lower output growth and higher unemployment over the medium-run, contrary to standard macroeconomic models. GDP forecasts by the IMF and OECD …

Subjects: Economy, Financial System, Housing, Knowledge Management

GAO Reports – 401(K) Plans, TARP, Capital Power Plant, Military Personnel Ethics

401(K) Plans: Clearer Regulations Could Help Plan Sponsors Choose Investments for Participants, GAO-15-578: Published: Aug 25, 2015. Publicly Released: Sep 4, 2015: “Employers who sponsor 401(k) plans report using a range of default investment types to automatically enroll employees in their plans based on each type’s design and other attributes. From 2009 through 2013, the …

Subjects: Defense, Economy, Energy, Financial System, Government Documents, Knowledge Management

Foundations of Financial Well-Being

Foundations of Financial Well-Being: Insights into the Role of Executive Function, Financial Socialization, and Experience-Based Learning in Childhood and Youth. Journal of Consumer Affairs – Article first published online: 11 MAR 2015. DOI: 10.1111/joca.12068 “During childhood and youth we build the foundations for financial well-being later in life, acquiring the knowledge, skills, attitudes, and personality traits …

Subjects: Economy, Education, Financial System, Government Documents, Knowledge Management

Employment Situation August 2015

BLS News Release: “Total nonfarm payroll employment increased by 173,000 in August, and the unemployment rate edged down to 5.1 percent, the U.S. Bureau of Labor Statistics  reported today. Job gains occurred in health care and social assistance and in financial activities. Manufacturing and mining lost jobs. Household Survey Data – In August, the unemployment …

Subjects: Economy, Financial System, Government Documents

July 2015 Trade Gap is $41.9 Billion

BEA report: “The U.S. monthly international trade deficit decreased in July 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $45.2 billion in June (revised) to $41.9 billion in July, as exports increased and imports decreased. The previously published June deficit was $43.8 billion. The goods …

Subjects: Economy, Financial System, Government Documents