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Regulation: In A Panic Over US Gambling Rules - Bankers Fear That The US's Proposed Regulation To Prohibit Banks From Handling Transactions Related To Illegal Internet Gambling Would Damage The Payments System, Writes Michael Imeson.
Byline: MICHAEL IMESON What is it? Regulation GG, Docket No. R-1298, Prohibition on Funding of Unlawful Internet Gambling would force banks and other payment providers to prevent payments being made to businesses involved in illegal internet gambling. It is designed to...
Twelve Trade Associations Support Improved 401(k) Disclosure in Submission to Labor Department
To: LABOR EDITORSContact: John Hall of American Bankers Association, +1-202-663- 5473, Jhall@aba.com; Jason Hammersla of American Benefits Council, +1- 202-289-6700, JHammersla@abcstaff.org; Jack Dolan of American Council of Life Insurers, +1-202-624-2418, JackDolan@acli.com; Judy Schub of The Committee on Investment of Employee Benefit Assets, +1-301-961- 8682, jschub@afponline.org; Ted Godbout of The ERISA...
Americans for the Arts and Sundance Preserve Announce Policy Recommendations from the First Annual National Arts Policy Roundtable
To: ARTS EDITORSContact: Beth Olsen, +1-212-576-2700 ext. 243, or bolsen@goodmanmedia.com, or Camille Wanliss, +1-212-576-2700 ext. 239, or cwanliss@goodmanmedia.com, of Goodman Media, for Americans for the Arts WASHINGTON, April 25 /PRNewswire-USNewswire/ -- Robert Redford, Chairman of Sundance Preserve, and Robert L. Lynch, president and CEO of Americans for the Arts, the...
Sarbox 'overkill' to be remedied by rules changes
Five years have passed since the U.S. Congress enacted corporate governance regulations through the Sarbanes Oxley Act of 2002. Aimed at curbing corporate scandals like Enron and WorldCom, the legislation heavily regulates publicly traded companies, but the American Bankers Association ABA is advocating for changes in the regulations."We are mainly...
IN OTHER WORDS
Sixty-six percent of consumers polled recently by the American Bankers Association identified banks as the most trustworthy with their personal information. In a distant second place, government agendes received 11 percent of the vote, and universities were third with 10 percent. Retailers and data brokers garnered 3 percent and 2...
ABA proposes deregulation
ABA Proposes Deregulation: The American Bankers Association joined a growing chorus of opposition to provisions in Sarbanes-Oxley accounting reform law that require extensive reporting and testing of public companies' internal control systems. In a letter to Securities and Exchange Commission Chairman William Donaldson, the trade group said the requirement...
ABA gets Treasury's Abernathy
IN FEBRUARY, THE AMERICAN BANKERS ASSOCIATION ABA BROUGHT on board Wayne Abernathy, one of Washington, D.C.'s most influential policy-makers in financial services. Abernathy, the former assistant secretary for financial institutions at the Department of Treasury, joined ABA in the newly created position of executive director for financial institutions policy and...
Exercise democracy
Everyone who attended the American Bankers Association's annual convention last October received a book called "The Future of Freedom," by Newsweek International editor Fareed Zakaria. Now would be a good time to read that book.Zakaria's book is all about democracy, which seems to be in the spotlight these days, especially...
Four Years Make a World of Difference
President Bush and the Republicans have an opportunity beginning as of December that they did not have in 2000. Then, with a disputed election and razor-thin leadership majority in Congress, Republicans faced what many thought would be legislative gridlock. It didn't exactly turn out that way, but clearly the absence...
House policy: building industry representatives outline housing agenda to help federal government meet housing goals.(From The President)
THEN THE UPCOMING PRESIDENTIAL INAUguration is just a memory and the 109th Congress has settled into place, making housing a national priority should be the first order of business for our nation's elected officials. Fortunately; they will have a detailed blueprint that sums up...
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