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12 Jan 2021, 12:10 pm
However, broad policy changes, such as the reduction in the corporate income tax rate to 21 percent and 100 percent bonus depreciation for certain assets, provided benefits to conventional and renewable energy firms alike.[17] Marathon Capital, an investment bank focused on energy and infrastructure, estimated that 100 percent bonus depreciation would increase project-level returns for wind projects by 50-60 basis points, and solar projects by 40-50 basis points, but the impact on… [read post]
12 Jan 2021, 10:14 am
Laws in a democratic system are a means by which the state controls the population, distributes benefits, improves the conditions of certain segments of the population or of the population as a whole, establishes standards of expected behaviour, identifies the moral beliefs governing the state while protecting the moral beliefs of those who do not share them, affects the relations with other states and, crucial here, responds to crises. [read post]
12 Jan 2021, 9:58 am
Congress should reconcile the civil penalty and redress authorities of the federal banking regulators, the Bureau, and the FTC, including giving the FTC statutory authority to obtain consumer restitution for any unfair or deceptive practice that is dishonest or fraudulent and giving the Bureau and federal banking regulators civil penalty authority for unfair or deceptive acts and practices that are also dishonest or fraudulent or that violate another statute or regulation. [read post]
11 Jan 2021, 8:55 pm
Open to international banks The PRA explains that it is open to international banks operating in the UK and in line with its “responsible openness” approach all international banks need to meet its prudential standards. [read post]
11 Jan 2021, 1:31 pm
I have been writing about the fundamental shift in the focus of human rights and human rights discourse, from one framed in the discursive tropes of liberal democratic ideology to one framed in an emerging Marxist-Leninist discourse (Backer, Larry Catá, ‘By Dred Things I am Compelled’: China and the Challenge to International Human Rights Law and Policy (January 15, 2020). [read post]
11 Jan 2021, 8:19 am
In addition, it provides savers with a chance to get a better return than they would get with a standard savings account—especially with interest levels near zero. [read post]
11 Jan 2021, 8:17 am
Arab Bank, PLC (2018), which ruled that foreign corporations could not be subject to suits in U.S. courts under the ATS, domestic corporations should also not be subject to judicially imposed liability. [read post]
7 Jan 2021, 9:05 pm
Environmental Protection Agency finalized a rule that sets greenhouse gas emissions standards for certain aircraft for the first time in the United States. [read post]
6 Jan 2021, 6:00 am
Enron Canada Corp., the agreement clearly identified a drop in creditworthiness rating to below BBB- from Standard & Poor as a material adverse change. [read post]
5 Jan 2021, 9:03 pm
A dedicated regulator might have better ensured that Twitter had maintained stronger cybersecurity standards, according to DFS. [read post]
5 Jan 2021, 2:17 pm
The Conference of State Bank Supervisors (CSBS) has filed a lawsuit in D.C. federal district court to block the OCC from granting a national bank charter to Figure Technologies Inc. [read post]
5 Jan 2021, 7:15 am
On 30 December 2020, the PRA issued a statement following the publication in the Official Journal of the EU of European Commission Delegated Regulation 2020/2176 which adopts the European Banking Authority (EBA) regulatory technical standards on the prudential treatment of software assets per Article 36(1)(b) of the amended Capital Requirements Regulation (CRR). [read post]
5 Jan 2021, 6:00 am
The deduction uses the federal charitable deduction as its starting point but will be available to Massachusetts taxpayers regardless of whether they itemize their deductions or claim the standard deduction. [read post]
5 Jan 2021, 3:15 am
It also says you might end up with lighter coverage even though you’re paying more – due to decreasing liability limits and tighter underwriting standards. [read post]
4 Jan 2021, 9:01 pm
Or what a bank needs to establish in order to justify the termination of an employee accused of financial impropriety? [read post]
4 Jan 2021, 11:46 am
“The law breaks with standard practices and requires Congress to make annual appropriations to pay whistleblowers, a process that is doomed to fail. [read post]
4 Jan 2021, 4:30 am
Eikenberry was listed as “key controller” on a bank account application for this third entity. [read post]
4 Jan 2021, 3:58 am
Ask the banks involved for a copy of their standard transfer receipts so that you can compare the records you have to those standard documents. [read post]
4 Jan 2021, 3:30 am
I’ll be back tomorrow to discuss the DOL’s new Fair Labor Standards Act guidance. [read post]
3 Jan 2021, 6:58 am
The fact that there is no standardized terminology, makes an already difficult topic even more complex. [read post]