Category «Financial System»

Corporate Climate Responsibility Monitor 2023

“The Corporate Climate Responsibility Monitor evaluates the transparency and integrity of companies’ climate pledges. Companies around the world are increasingly alert to the climate emergency. They face calls from a growing range of stakeholders to take responsibility for the impact of their activities. Most large companies now have public climate strategies and targets, many of …

Subjects: Climate Change, Economy, Financial System, Government Documents

Senate Judiciary Committee Hearing on Supreme Court Ethics Reform

“Today, Senator Sheldon Whitehouse (D-RI), in his capacity as Chairman of the Senate Judiciary Subcommittee on Federal Courts, Oversight, Agency Action, and Federal Rights, co-led a hearing of the full Judiciary Committee entitled, “Supreme Court Ethics Reform.”  The hearing explored the recent torrent of media reports detailing unethical conduct by Justices of the Supreme Court …

Subjects: Congress, Courts, Financial System, Government Documents, Legal Research

Report – Meta and Tax Prep Companies “Recklessly” Shared Taxpayers’ Data

Elizabeth Warren: “Today I released a new 54-page report revealing that Big Tax Prep companies have recklessly shared personal and financial data of millions of taxpayers with Big Tech for years. Regulators need to fully investigate and prosecute those who violated the law… Via The MarkUp: “Meta and major tax preparation companies inappropriately shared millions …

Subjects: E-Records, Economy, Financial System, Government Documents, Legal Research, Privacy, Social Media

Reminder to me your Venmo transactions private, courtesy of Clarence Thomas

The Verge: “Lawyers appearing before the Supreme Court sent money to a Clarence Thomas aide via Venmo, according to the aide’s profile. Don’t be like him… The most recent example of poor Venmo security comes from Rajan Vasisht, a former aide to Supreme Court Justice Clarence Thomas. The Guardian tracked down Vasisht’s Venmo account and …

Subjects: Civil Liberties, Courts, Cybercrime, E-Commerce, Financial System, Legal Research

AP investigation into ethics practices of Supreme Court justices

“An Associated Press examination of the ethics practices of the U.S. Supreme Court relied on documents obtained from more than 100 public records requests to public colleges, universities and other institutions that have hosted the justices over the past decade. Here’s a look at how the reporting was done: To conduct its review, the AP …

Subjects: Courts, Education, Financial System, Freedom of Information, Internet, Knowledge Management, Legal Research, Social Media

Nine British Banks Sign Up to New AI Tool for Tackling Scams

Bloomberg [alt free link]: “Mastercard Inc. is selling a new artificial intelligence-powered tool that helps banks more effectively spot if their customers are trying to send money to fraudsters.  Nine of the UK’s biggest banks, including Lloyds Banking Group Plc, Natwest Group Plc and Bank of Scotland Plc, have signed up to use the Consumer …

Subjects: AI, Cybercrime, Cybersecurity, Economy, Financial System, Government Documents, Legal Research, Legislation

Climate Capital Global Economy Financial models on climate risk ‘implausible’, say actuaries

Financial Times [alt free link]: “Financial institutions often did not understand the models they were using to predict the economic cost of climate change and were underestimating the risks of temperature rises, research led by a professional body of actuaries shows. Many of the results emerging from the models were “implausible,” with a serious “disconnect” …

Subjects: Climate Change, Economy, Environmental Law, Financial System, Government Documents

UK’s top universities reached an agreement on how to deal with generative AI

Quartz: “An association of the UK’s leading universities has signed a raft of guiding principles on the ethical use of generative artificial intelligence (AI) among its students and staff, addressing the increasingly common use of the technology in academia. Vice-chancellors of all 24 Russell Group universities that include the University of Oxford, the London School …

Subjects: AI, Economy, Education, Financial System, Knowledge Management

New Webinars via GPO

Webinar – Data Librarianship; Richard Huffine (Federal Deposit Insurance Corporation); Friday, July 7. 2023; 2:00-3:00p.m. (EDT): Register to attend the live training webinar, “Data Librarianship.” Webinar: GovInfo API Overview and Search Service Preview – Register to attend the live training webinar, Date: Wednesday, July 12, 2023. Time: 2:00 p.m. – 3:00 p.m. (EDT) Recording and …

Subjects: Civil Liberties, Economy, Education, Financial System, Health Care, Knowledge Management, Legal Research

Core principles for effective banking supervision

“The Basel Committee on Banking Supervision has issued a public consultation on revisions to the Core principles for effective banking supervision (“Core Principles”). The Core Principles are the de facto minimum standards for the sound prudential regulation and supervision of banks and banking systems. They are universally applicable and accommodate a range of banking systems …

Subjects: Economy, Financial System, Legal Research

LLRX June 2023 Issue

LLRX June 2023 Issue – Articles and Columns for June 2023 Brevity is the Soul of Profit: What Lawyers Need to Know About Executive Summaries – Elizabeth Southerland – The purpose of an executive summary is to boil this down to a few sentences that tell the leader what they want to know. AI and …

Subjects: AI, Economy, Financial System, Government Documents, Health Care, Internet, Knowledge Management, Legal Research, Privacy, Social Media