Yale School of Management – Greg Feldberg and Carey Mott | July 6, 2023: “The FDIC could have saved $13.6 billion in the recent failures of three large banks if regulators had earlier held the banks to the total loss-absorbing capacity (TLAC) standard, based on reasonable assumptions. Over the past few months, US regulators resolved… Continue Reading
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Category Archives: Economy
Lobbyist Database
FMinus: “Companies and organizations that are supposed to be on the right side of the environmental movement too often hire compromised lobbyists. Search our database to find out who’s hiring who—and whether or not their track record is consistent with their values. [Search by State or Search by Client] Launched in July 2023, F Minus… Continue Reading
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”… Continue Reading
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… Continue Reading
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… Continue Reading
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… Continue Reading
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… Continue Reading
Human health depends on thriving oceans
The Lancet, June 7, 2023: Human health depends on thriving oceans: “Healthy oceans, from coastal waters to remote high seas and deep seabed areas, are integral to human health, wellbeing, and survival. Covering over 71% of the Earth’s surface, the oceans serve as an essential carbon sink. Oceans also regulate climate-associated human health risks between… Continue Reading
Generative AI Raises Competition Concerns
“Generative AI has the potential to rapidly transform the way we live, work, and interact. Within just a few months, generative AI chatbots and applications have launched and scaled across industries and reached hundreds of millions of people. AI is increasingly becoming a basic part of daily life. Generative AI depends on a set of… Continue Reading
AI and the Financial System – June 28, 2023
AI and the Financial System – June 28, 2023 – This column by Sabrina I. Pacifici highlights the fast paced impact of AI on many facets of the global financial system. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Each entry includes the publication name,… Continue Reading
How Often Do Health Insurers Say No to Patients?
ProPublica: “It’s one of the most crucial questions people have when deciding which health plan to choose: If my doctor orders a test or treatment, will my insurer refuse to pay for it? After all, an insurance company that routinely rejects recommended care could damage both your health and your finances. The question becomes ever… Continue Reading
Key Terms for AI Governance
Published: June 2023 – “The field of artificial intelligence is rapidly evolving across different sectors and disparate industries, leaving business, technology and government professionals without a common lexicon and shared understanding of terms and phrases used in AI governance. Even a search to define “artificial intelligence” returns a range of definitions and examples. From the… Continue Reading
