“The objective of the Level 2 assessments is to ensure compliance of Basel Committee members’ domestic regulations with the international minimum requirements agreed by the Basel Committee. This process will promote full and consistent implementation of Basel III by (i) identifying domestic regulations and provisions that are not consistent with the rules agreed by the… Continue Reading
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Monthly Archives: October 2012
World Development Report 2013: Jobs
World Bank. 2012. World Development Report 2013: Jobs. Washington, DC: World Bank. DOI: 10.1596/978-0-8213-9575-2. License: Creative Commons Attribution CC BY 3.0. “Today, jobs are a critical concern across the globefor policy makers, the business community, and the billions of men and women striving to provide for their families. As the world struggles to emerge from… Continue Reading
Green Carbon, Black Trade: Illegal Logging, Tax Fraud and Laundering in the Worlds Tropical Forests
“This report Green Carbon, Black Trade by UNEP and INTERPOL focuses on illegal logging and its impacts on the lives and livelihoods of often some of the poorest people in the world set aside the environmental damage. It underlines how criminals are combining old fashioned methods such as bribes with high tech methods… Continue Reading
Explaining the U.S. Tri-Party Repo Market
A recent New York Fed study, Key Mechanics of the U.S. Tri-Party Repo Market [Adam Copeland, Darrell Duffie, Antoine Martin, and Susan McLaughlin, Octoer 1, 2012] provides a primer on the issues and key mechanics that have contributed to the markets fragility and proved an obstacle to industry reform efforts. In the report, the authors… Continue Reading
CFPB orders American Express to pay $85 million refund to consumers harmed by illegal credit card practices
News release: “The Consumer Financial Protection Bureau (CFPB) today announced an enforcement action with orders requiring three American Express subsidiaries to refund an estimated $85 million to approximately 250,000 customers for illegal card practices. This action is the result of a multi-part federal investigation which found that at every stage of the consumer experience, from… Continue Reading
Americans Are Visiting the Doctor Less Frequently, Census Bureau Reports
News release: “In 2010, working-age adults made an average of 3.9 visits to doctors, nurses or other medical providers, down from 4.8 in 2001, according to a report released today by the U.S. Census Bureau. Among those with at least one such visit, the average number of visits also declined, from 6.4 to 5.4 over… Continue Reading
FTC Issues Revised "Green Guides"
News release: “The Federal Trade Commission issued revised Green Guides that are designed to help marketers ensure that the claims they make about the environmental attributes of their products are truthful and non-deceptive. The revisions to the FTCs Green Guides reflect a wide range of public input, including hundreds of consumer and industry comments on… Continue Reading
New GAO Reports – Solar Energy, Batteries and Energy Storage, Ambulance Providers
Solar Energy – Federal Initiatives Overlap but Take Measures to Avoid Duplication, GAO-12-843, Aug 30, 2012 Batteries and Energy Storage – Federal Initiatives Supported Similar Technologies and Goals but Had Key Differences, GAO-12-842, Aug 30, 2012 Ambulance Providers – Costs and Medicare Margins Varied Widely; Transports of Beneficiaries Have Increased, GAO-13-6, Oct 1, 2012 Continue Reading
UVic Law Student Technology Survey 2012
Rich McCue: “In addition to the technology questions weve been asking UVic Law students over the past ten years, we decided for the first year to ask more detailed questions about student use of tablets and e-readers for academic use, along with questions about their usage of cloud services for file storage and collaboration. This… Continue Reading
Charting International Labor Comparisons (2012 Edition)
“With ever-expanding global markets, international labor statistics have assumed a greater role in assessing the relative performance of individual economies and in influencing both national and international policy decisions. However, direct comparisons of statistics across countries can be misleading because concepts and definitions often differ. To improve the comparability of international labor statistics, the International… Continue Reading
New York Fed Study Examines Job Polarization and Rising Wage Inequality
“Over the past three decades, employment opportunities in both the United States and the New York-northern New Jersey region have become increasingly polarized into high- and low-skilled jobs, according to a recent New York Fed study. Technological advances and globalization have created new jobs for workers at the high end of the skill spectrum and… Continue Reading
Use of Financial Services by the Unbanked and Underbanked and the Potential for Mobile Financial Services Adoption
Use of Financial Services by the Unbanked and Underbanked and the Potential for Mobile Financial Services Adoption – Matthew B. Gross, Jeanne M. Hogarth, and Maximilian D. Schmeiser, Federal Reserve Board, September 24, 2012. “The increased use of mobile devices coupled with the evolution of technologies that enable consumers to conduct financial transactions using mobile… Continue Reading
