Sections

Services

Information

US United States

Regulation

Articles (1 - 20 of 44)

The collapse of Lehman Brothers was a pivotal moment in the most recent financial crisis. The next crash may feature another bank failure. Reuters

What will the next financial crisis look like – and are we ready?

The subprime crisis and the subsequent failure of Lehman Brothers came as such a shock – and the repercussions were so severe that when the time came to mount a response, policy makers were as surprised…
Pushing money remitters out of the market is only likely to increase the risks of money laundering and terrorist financing. Shutterstock

Lack of real action on remittances increases terrorist financing risk

Globally migrant communities will send nearly US$435 billion to family members in home countries this year. These remittances are vital and sustain not only the livelihoods of the recipients, but also…
The insolvency industry is facing criticism of over-servicing, excessive fee charging and self-interest. www.shutterstock.com

Chasing money: why the insolvency industry needs reform

Proposed laws to reform the insolvency industry are long overdue. Under the changes, liquidators will require a licence and creditors will be able to remove poorly performing practitioners. The reforms…
Islamic dietary law requires that certain methods be used when preparing meat, such as that a Muslim be the one butchering the animal. Reuters

Regulating the sacred: why the US halal food industry needs better oversight

For many Muslims, adherence to Islamic dietary laws, known as halal, is an intrinsic part of their everyday lives. Even those who are relatively lax with other rituals of the faith tend to adhere to halal…
The heart of the matter. The container port at Long Beach. sunslate

Europe faces weapons of legal destruction in USA trade talks

Efforts to build a more effective trading regime between Europe and the USA can reasonably be called positive, both for growth and the ease of doing business. Currently, however, negotiations include proposals…
There are high hopes that the new head of the Fed, Janet Yellen, will change the culture at the central bank and the lenders it regulates. IMF/Flickr via CC BY-NC-ND

Banking tail often wags the Fed’s regulatory dog

Federal Reserve Chair Janet Yellen has her work cut out for her if she hopes to change the culture at the world’s most important central bank. Media reports abound with evidence that the financial industry…
Marijuana is legal in some states, but that doesn’t mean that banks can deal with the proceeds. Rick Wilking/Reuters

Why won’t banks dance with Mary Jane?

In nearly half of US states, marijuana business is booming. Although marijuana is illegal under federal law, 23 states have legalized some marijuana use. Colorado and Washington even allow recreational…
Why is the City keeping its suffering under wraps? Robin Hawkes

Banks pay a heavy price for the crisis, but fail to count the cost

The major international banks are being lumbered with more and higher fines as the fallout from the financial crisis continues. Our research as part of the Conduct Costs Project at the CCP Research Foundation…
The news was taken badly by some bankers. thehutch

New bonus rules may make bankers happier campers

Imagine having to wait seven years before you could be sure that what you were properly paid for your job. If it sounds like a bad deal then maybe it’s time to spare some empathy for bankers at UK financial…
Superannuation: you give, they take. Paul Kelly/Flickr

Superannuation is too costly, so bill me

The main reason superannuation costs are too high in Australia is both simple and horrendously complex: it’s the only service we buy where we give the service provider our money to look after. It’s true…
Finance Minister Mathias Cormann says there’s no compelling reason the government should own Medibank Private. Alan Porritt/AAP

Selling Medibank Private may moderate health insurance costs

On Wednesday, the federal government announced the sale of Medibank Private. On Thursday, the government announced the membership of its competition review panel. Ironically, selling Medibank may finally…
Planting flags. Olivier Hoslet/EPA

The tough road to a trade deal between the US and Europe

When the EU-US summit kicks off in Brussels this week, the prospects of a new trade deal will be jostling for attention with events in Ukraine. The long-term implications might even be more far reaching…
Maybe the Left should take a leaf out of farage’s book on immigration. Ben Birchall/PA Wire

Immigration should get the same treatment as laissez-faire economics

The theoretical underpinning of the modern global economy has broken loose. The so-called Washington consensus based on neoclassical, laissez-faire economics has encountered a sustained challenge from…

National regulation ineffective for charities

The scrapping of the Australian Charities and Not-for-Profits Commission (ACNC) should not be seen as discouraging, considering…

Top contributors

More