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Daily Archives: January 8, 2013

Data for Microprudential Supervision of U.S. Banks

Flood, Mark D., Kwan, Simon H. and Leonova, Irina S., Data for Microprudential Supervision of U.S. Banks (2012). Handbook of Financial Data and Risk Information, Volume I, M. Brose, M. Flood, D. Krishna and W. Nichols, eds., Cambridge University Press, 2013. Available at SSRN.

  • “This chapter provides an overview of data collection for microprudential supervision in one of the most highly regulated parts of the U.S. financial sector, the banking industry. The process is dominated by a combination of on-site examinations and off-site data collection. We pay particular attention to data collection and dissemination, and how information is used within the supervisory framework. An appendix provides an overview of the international context for banking regulation and microprudential data collection.”
  • Related postings on the financial system
  • 2012 was warmest and second most extreme year on record for the contiguous U.S.

    2012 was a historic year for extreme weather that included drought, wildfires, hurricanes and storms; “however, tornado activity was below average. 2012 marked the warmest year on record for the contiguous United States with the year consisting of a record warm spring, second warmest summer, fourth warmest winter and a warmer-than-average autumn. The average temperature… Continue Reading

    New GAO Reports: Security Force Assistance, Highway Trust Fund, Tax Expenditures

    Security Force Assistance – DOD’s Consideration of Unintended Consequences, Perverse Incentives, and Moral Hazards, GAO-13-241R, Jan 8, 2013 Highway Trust Fund – Pilot Program Could Help Determine the Viability of Mileage Fees for Certain Vehicles, GAO-13-77, Jan 8, 2013 Tax Expenditures – Background and Evaluation Criteria and Questions, GAO-13-167SP, Jan 8, 2013 Continue Reading

    Official Register of the United States Now on FDsys

    “As part of the U.S. Government Printing Office (GPO) and the U.S. Department of Treasury pilot project to provide permanent public access to the Treasury Library’s digital content, the Official Register of the United States is now available on GPO’s Federal Digital System (FDsys). The Official Register of the United States: 1829, 1835-1837, 1841-1861; 1879-1891,… Continue Reading

    GAO Launches Key Issues Website

    “The Key Issues pages provide information about GAO’s work on a range of issues facing the nation and highlight our most relevant reports. Use the tabs above to explore our Key Issues by TOPICS or by related AGENCIES. Select one or several topics or agencies and the related Key Issues will appear below.” Continue Reading

    2012: FINRA Year in Review

    News release: “The Financial Industry Regulatory Authority (FINRA) marked 2012 with significant accomplishments in detecting fraudulent activity, implementing cross-market surveillance, increased transparency of securities markets and fulfilling its regulatory mandate to protect investors, assessing $68 million in fines, ordering a record $34 million in restitution to harmed customers and taking measures to ensure market integrity.… Continue Reading

    NRC: Fact Sheet on Dirty Bombs

    Fact Sheet: “A “dirty bomb” is one type of a radiological dispersal device (RDD) that combines conventional explosives, such as dynamite, with radioactive material. The terms dirty bomb and RDD are often used interchangeably in the media. Most RDDs would not release enough radiation to kill people or cause severe illness – the conventional explosive… Continue Reading

    New CCH Tax Briefing Examines American Taxpayer Relief Act

    “With the tax side of the fiscal cliff narrowly averted, CCH has issued a new Tax Briefing: American Taxpayer Relief Act, covering provisions of the new legislation. The American Taxpayer Relief Act allows the Bush-era tax rates to sunset after 2012 for individuals with incomes over $400,000 and families with incomes over $450,000; permanently “patches”… Continue Reading