“The Office of the Comptroller of the Currency today provided guidance to national banks and federal savings associations with assets of $10 billion or less (community banks) on using stress testing to assess risk in their loan portfolios. The guidance is contained in OCC Bulletin 2012-33, Community Bank Stress Testing: Supervisory Guidance. The OCCs guidance provides additional clarity around stress testing expectations for community banks. The guidance also provides an example of a simple stress test framework to consider. The OCC expects all banks to have the capacity to analyze the potential impact of adverse outcomes on their financial condition in order to establish and support their risk appetite and tolerances, set concentration limits, adjust strategies, and appropriately plan for and maintain adequate capital levels. The guidance makes the point that stress tests do not need to involve sophisticated analysis or third-party consultative support. Effective methods can range from a single spreadsheet analysis to a more sophisticated model, depending on portfolio risk and the complexity of the bank.”
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Daily Archives: October 18, 2012
IAB internet advertising revenue report 2012
IAB internet advertising revenue report 2012 first six months’ results, October 2012. An industry survey conducted by PwC and sponsored by the Interactive Advertising Bureau (IAB) “Internet advertising revenues (revenues) in the United States totaled $17.0 billion for the first six months of 2012, with Q1 2012 accounting for approximately $8.3 billion and Q2 2012… Continue Reading
EIA – Biofuels Issues and Trends
Biofuels Issues and Trends, October 15, 2012 “Biofuels is a collective term for liquid fuels derived from renewable sources, including ethanol, biodiesel, and other renewable liquid fuels. This report focuses on ethanol and biodiesel, the most widely available biofuels. From 2009 to the middle of 2012, the U.S. biofuels industry increased its output and prepared… Continue Reading
Mexico is a major non-OPEC oil producer and among the largest sources of U.S. oil imports
EIA: “Mexico is one of the ten largest oil producers in the world, the third-largest in the Western Hemisphere, and an important partner in the U.S. energy trade. However, the amount of oil produced in Mexico has steadily decreased since 2004 due to natural production declines from Cantarell and other large offshore fields, though the… Continue Reading
The United Arab Emirates has the seventh-largest proved reserves of both crude oil and natural gas
EIA: “Since declaring independence from the United Kingdom in 1971, the United Arab Emirates (UAE) has relied on its large hydrocarbon endowments to support its economy, though through concerted efforts over the last several decades that is beginning to change. While the UAE is making notable progress in diversifying its economy through tourism, trade, and… Continue Reading
Report – Ninety seven percent of online pharmacies don't follow U.S. pharmacy laws
Internet Drug Outlet Identification Program Progress Report for State and Federal Regulators: July 2012 “Unfortunately but undeniably, prescription medication counterfeiting has taken hold in the global marketplace, threatening public health worldwide. The illicit trade is perpetuated through a labyrinth of international transactions by multiple parties at various points along the medication supply chain, often ending… Continue Reading
African Medicines Regulatory Harmonization Programme
“The AMRH Programme works with Regional Economic Communities (RECs) to fulfil the vision of the Pharmaceutical Manufacturing Plan for Africa. The overall aim of the AMRH Programme is to support African countries to improve public health by increasing access to good quality, safe and effective medicines through harmonizing medicines regulations, and expediting registration of essential… Continue Reading
Arctic sea ice shatters previous low records; Antarctic sea ice edges to record high
“The National Snow and Ice Data Center (NSIDC) is part of the Cooperative Institute for Research in Environmental Sciences at the University of Colorado Boulder. NSIDC scientists provide Arctic Sea Ice News & Analysis content, with partial support from NASA. This September, sea ice covering the Arctic Ocean fell to the lowest extent in the… Continue Reading
