Category «Financial System»

New GAO Reports – Defense Contract Audit Agency, IRS Financial Audit, Spent Nuclear Fuel Management, Federal Real Property

DEFENSE CONTRACT AUDIT AGENCY: Additional Guidance Needed Regarding DCAA’s Use of Companies’ Internal Audit Reports, GAO-15-44: Published: Nov 12, 2014. Publicly Released: Nov 12, 2014. FINANCIAL AUDIT: IRS’s Fiscal Years 2014 and 2013 Financial Statements, GAO-15-173: Published: Nov 12, 2014. Publicly Released: Nov 12, 2014. SPENT NUCLEAR FUEL MANAGEMENT: Outreach Needed to Help Gain Public Acceptance for Federal Activities That Address Liability, GAO-15-141: Published: …

Subjects: Defense, Economy, Financial System, Government Documents

Home Depot Reports Findings in Payment Data Breach Investigation

News release: “The Home Depot®, the world’s largest home improvement retailer, today disclosed additional findings related to the recent breach of its payment data systems. The findings are the result of weeks of investigation by The Home Depot, in cooperation with law enforcement and the company’s third-party IT security experts. Additional Investigation Details Disclosed – In …

Subjects: Cybercrime, Cybersecurity, E-Mail, E-Records, Financial System, Privacy

Cyber resilience in financial market infrastructures

Bank for International Settlements: “Given the critical role that financial market infrastructures (FMIs) play in promoting the stability of the financial system, the Committee on Payments and Market Infrastructures (CPMI) has sought to understand the current cyber risks faced by FMIs and their level of readiness to effectively deal with worst case scenarios. The report …

Subjects: Cybercrime, Cybersecurity, Economy, Financial System, Government Documents

Employment-Based Retirement Plan Participation

Employment-Based Retirement Plan Participation: Geographic Differences and Trends, 2013. October 2014 . Issue Brief #405 Employee Benefit Research Institute, 2014 “The percentage of workers participating in an employment-based retirement plan rose in 2013, increasing for the first time since 2010 among all workers and private-sector workers. The retirement plan participation level depends on the type of worker being …

Subjects: Economy, Education, Financial System

How CBO Analyzes the Effects of Changes in Federal Fiscal Policies on the Economy

“Analyzing the effects on the overall economy of changes in federal fiscal policies—that is, policies governing taxes and spending—requires complex modeling and a significant amount of time. CBO undertakes such analyses in certain reports and for some major pieces of legislation; some of those analyses include the feedback effects of changes in the economy on …

Subjects: Congress, Economy, Financial System, Government Documents

New GAO Reports – Compounded Drugs, Bureau of Fiscal Service Audit

COMPOUNDED DRUGS: Payment Practices Vary across Public Programs and Private Insurers, and Medicare Part B Policy Should Be Clarified, GAO-15-85: Published: Oct 10, 2014. Publicly Released: Nov 10, 2014. FINANCIAL AUDIT: Bureau of the Fiscal Service’s Fiscal Years 2014 and 2013 Schedules of Federal Debt, GAO-15-157: Published: Nov 10, 2014. Publicly Released: Nov 10, 2014.

Subjects: Financial System, Government Documents, Health Care, Medicine

The global financial cycle and how to tame it

The global financial cycle and how to tame it – Panel remarks by Hervé Hannoun, Deputy General Manager of the BIS, at the International Symposium of the Banque de France “Central banking: the way forward?”, Paris, 7 November 2014 “My four comments today will cover national and global financial cycles; the excess elasticity of the international monetary …

Subjects: Economy, Financial System, Government Documents

New GAO Reports – TARP Audit, Military and Veteran Support, Women Owned SBAs

FINANCIAL AUDIT: Office of Financial Stability (Troubled Asset Relief Program) Fiscal Years 2014 and 2013 Financial Statements, GAO-15-132R: Published: Nov 7, 2014. Publicly Released: Nov 7, 2014. MILITARY AND VETERAN SUPPORT:DOD and VA Programs That Address the Effects of Combat and Transition to Civilian Life, GAO-15-24: Published: Nov 7, 2014. Publicly Released: Nov 7, 2014. WOMEN-OWNED SMALL BUSINESS PROGRAM: Certifier Oversight …

Subjects: Defense, Economy, Financial System, Government Documents

The Institutions of Federal Reserve Independence

Conti-Brown, Peter, The Institutions of Federal Reserve Independence (October 2014). Yale Journal on Regulation, Forthcoming; Rock Center for Corporate Governance at Stanford University Working Paper No. 139. Available for download at SSRN: http://ssrn.com/abstract=2275759 or http://dx.doi.org/10.2139/ssrn.2275759 “The Federal Reserve System has come to occupy center stage in the formulation and implementation of national and global economic …

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

St. Louis Fed Releases New and Improved Free Digital Library

“The Federal Reserve Bank of St. Louis has launched a new and improved version of its digital library of economic, financial and banking materials and has also made its content available to a broader audience through inclusion in the Digital Public Library of America (DPLA). The Federal Reserve Archival System for Economic Research (FRASER) turned 10 years …

Subjects: Economy, Financial System, Government Documents

United Kingdom National Accounts, The Blue Book, 2014 Edition

“The United Kingdom National Accounts Blue Book was first published in August 1952 and presents a full set of economic accounts (National Accounts) for the United Kingdom. These accounts are compiled by the Office for National Statistics (ONS). They record and describe economic activity in the UK and as such are used to support the …

Subjects: Economy, Financial System, Government Documents

A Financial System Perspective on Central Clearing of Derivatives

Speech – Governor Jerome H. Powell At the “The New International Financial System: Analyzing the Cumulative Impact of Regulatory Reform”, 17th Annual International Banking Conference, Chicago, Illinois. November 6, 2014. “Prior to the crisis, the then highly opaque market for OTC derivatives grew at an astonishing and unsustainable pace of nearly 25 percent per annum in a …

Subjects: Economy, Financial System, Government Documents

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