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20 Mar 2014, 9:01 pm by John Dean
But the board of directors and key company officers realized that they dare not play games, for the UK scandal has always had the potential of crossing the Atlantic and damaging this publicly- traded, and successful, American company, News Corp. [read post]
19 Mar 2014, 7:44 pm
Directors welcomed efforts to explore the establishment of a sovereign wealth fund, which could be an important complement to the fiscal framework. [read post]
14 Mar 2014, 6:11 am by Jim Sedor
Hearn de-registered as a lobbyist on May 30, 2010, but that does not matter, said State Ethics Commission Deputy Director Cathy Hazelwood. [read post]
14 Mar 2014, 1:25 am by Matthew Azoulay
The determination of whether to disregard the corporate existence of the subsidiary is made on a case by case basis, on the basis of the following factors: • Gross undercapitalization • Failure to observe corporate formalities • Nonpayment of dividends • Insolvency of debtor corporation • Siphoning of funds from the subsidiary by the parent corporation • Nonfunctioning of the officers and directors of the subsidiary • Absence of corporate funds •… [read post]
12 Mar 2014, 4:42 am by Kevin LaCroix
Section 1821 (j) provides that “no court may take any action, except at the request of the Board of Directors by regulation or order, to restrain or affect the exercise of powers or functions of the [FDIC] as conservator or a receiver. [read post]
11 Mar 2014, 9:00 am by Jason M. Knott
Imagine sitting on the board of directors of a Fortune 500 company. [read post]
8 Mar 2014, 12:47 pm by James Hamilton
The discussion draft would also clarify that a banking entity will not be considered to have an ownership interest in a collateralized loan obligation if there is no indicia of ownership other than the right of the banking entity to fire or remove for cause, or to participate in the selection or removal of, a general partner, managing member, member of the board of directors or trustees, investment manager, investment adviser, or commodity trading advisor of the… [read post]
6 Mar 2014, 10:54 am by Tom Webley
Three additional practices that reflect increasing emphasis by other regulators include supervision of third party service providers to include security-related contract requirements, establishing a breach response process and providing an annual assessment of the program to the Board of Directors. [read post]
6 Mar 2014, 10:33 am
Michael Carome, director of the Health Research Group at Public Citizen, a consumer advocacy organization. [read post]
2 Mar 2014, 5:59 pm
The Fund will also be subject to regular annual audits conducted by independent auditors.The Advisory Council, consisting of the Minister of Finance, Minister of Economy, Minister of Planning and the Governor of the Central Bank, reviews investment proposals and strategy recommendations by the Board of Directors. [read post]
25 Feb 2014, 6:12 am
  The Executive Committee, chaired by the managing director, is appointed by the Board of Directors and tasked with assisting the Board of Directors with the strategic goals and objectives of the KIA, namely that of focusing on commercial investments as opposed to geopolitically based motives. [read post]
18 Feb 2014, 12:19 pm by Kelly Phillips Erb
The Obama administration isn’t on board with the idea but variations on the tax have made their way into proposed legislation. [read post]
16 Feb 2014, 8:00 pm by Karel Frielink
However, as we have seen with the banking crisis, there are sometimes special situations where it is necessary for the government to intervene (for example, the government in The Netherlands has become shareholder of ABN Amro Bank and Fortis Bank Nederland (which merged in 2010)). [read post]