Sunday, September 21, 2014

U.S. Treasury Lays Out Options to Overhaul Housing Finance System, Unwind Government-Sponsored Enterprises

February 16, 2011 in Banking Report

The Treasury Department released a set of housing policy options Feb. 11 that would slowly dissolve government-sponsored housing finance enterprises (GSE) Fannie Mae and Freddie Mac and transition to a much smaller and explicit federal guarantee role for the mortgage market…

U.S. Federal Reserve Proposes U.S. $50 Billion Asset Threshold to Gauge ‘Significant’ Banking, Corporate Ties

February 16, 2011 in Banking Report

The Federal Reserve Board Feb. 8 proposed a $50 billion asset threshold to mark “significant” banking and corporate relationships that a new federal risk council will examine when it analyzes potential threats to U.S. financial stability…

Australian Court of Appeal’s Highly Anticipated Decision in the James Hardie Civil Penalty Case Regarding Directors’, Executives’ Responsibilities

On December 17, 2010, the New South Wales Court of Appeal handed down judgment in the much anticipated James Hardie civil penalty appeals…

New Amendments to the E.U. Prospectus Directive and Related Amendments to Dutch Law

On December 11, 2010, the directive amending the E.U. Prospectus Directive was published in the Official Journal of the European Union…

Ontario Adopts Comprehensive Regulatory Framework for OTC Derivatives

Ontario has taken important steps towards implementing Canada’s G-20 undertakings by amending the Securities Act (Ontario) (the Act) to adopt a broad regulatory framework for over-the-counter (OTC) derivatives…

China Readies Environmental Guide for Firms Operating Abroad; Pilot Project Starts in Laos

SHENZHEN, China—A Chinese hydropower company has partnered with a Chinese nongovernmental organization on a pilot environmental responsibility project in Laos ahead of the release of official guidelines for Chinese companies operating abroad…

BNA INTERVIEW: European Chemicals Agency Chief Geert Dancet Discusses Checking of REACH Registrations

Geert Dancet, executive director of the European Chemicals Agency (ECHA), talked to BNA correspondent Stephen Gardner Feb. 2 at the European Parliament in Brussels about the review of REACH registration dossiers submitted to the agency and the apparent discrepancy between the expected number of registrations and the actual number received…