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Monthly Archives: December 2014

Revisions to the securitisation framework

“The Basel Committee on Banking Supervision’s revisions to the securitisation framework aim to address a number of shortcomings in the Basel II securitisation framework and to strengthen the capital standards for securitisation exposures held in the banking book. This framework, which will come into effect in January 2018, forms part of the Committee’s broader Basel… Continue Reading

Criteria for identifying simple, transparent and comparable securitisations

“The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) released today a consultative document on Criteria for identifying simple, transparent and comparable securitisations. The purpose of these criteria is to identify – and to assist the financial industry’s development of – simple, transparent and comparable securitisations structures, as well as to help… Continue Reading

SIGAR High Risk List

Special Inspector General for Afghanistan Reconstruction December 2014 “SIGAR’s experience in Afghanistan, as well as the experience of other oversight agencies, has shown that there are several sources of risk in implementing reconstruction programs in Afghanistan. These include (but are not limited to): • limited institutional and human-capital capacity in Afghan institutions • operational demands and constraints imposed by an… Continue Reading

Rape and Sexual Assault Victimization Among College-Age Females, 1995–2013

U.S. Department of Justice, Office of Justice Programs Bureau of Justice Statistics, Special Report, December 2014 “Among college-age females (ages 18 to 24), the rate of rape and sexual assault was 1.2 times higher for nonstudents than students for the period 1995–2013, the Bureau of Justice Statistics announced today. Nonstudents (65,700) accounted for more than double… Continue Reading

Predicting the Fallout from King v. Burwell – Exchanges and the ACA

Predicting the Fallout from King v. Burwell — Exchanges and the ACA – Nicholas Bagley, J.D., David K. Jones, Ph.D., and Timothy Stoltzfus Jost, J.D., December 10, 2014. DOI: 10.1056/NEJMp1414191. “The U.S. Supreme Court’s surprise announcement on November 7 that it would hear King v. Burwell  [759 F.3d 358] struck fear in the hearts of supporters of the… Continue Reading

New GAO Reports – DOD Contract Services, Flood Insurance, Nuclear Weapons, DOJ Professional Misconduct

DOD Contract Services: Improved Planning and Implementation of Fiscal Controls Needed, GAO-15-115: Published: Dec 11, 2014. Publicly Released: Dec 11, 2014. DOE and NNSA Project Management: Analysis of Alternatives Could Be Improved by Incorporating Best Practices, GAO-15-37: Published: Dec 11, 2014. Publicly Released: Dec 11, 2014. Federal Subcontracting: Linking Small Business Subcontractors to Prime Contracts Is Not… Continue Reading

Measuring the Digital Economy – OECD

Directorate for Science, Technology and Innovation: “The growing role of the digital economy in daily life has heightened demand for new data and measurement tools. Internationally comparable and timely statistics combined with robust cross-country analyses are crucial to strengthen the evidence base for digital economy policy making, particularly in a context of rapid change. This report… Continue Reading

Federal Reserve Board proposes rule to further strengthen capital positions of the largest, most systemically important U.S. bank holding companies

” The Federal Reserve Board on [December 9, 2014] proposed a rule to further strengthen the capital positions of the largest, most systemically important U.S. bank holding companies. The proposal establishes a methodology to identify whether a U.S. bank holding company is a global systemically important banking organization, or GSIB. A firm identified as a GSIB would… Continue Reading