Sentences with phrase «financial oversight failures»
Perry Beeches The Academy Trust — which runs five schools in Birmingham — has been issued with a financial notice to improve after an investigation revealed a string of «significant» financial oversight failures.
https://schoolsweek.co.uk/ Not exact matches
Under the 2010 Dodd - Frank Act, which toughened financial regulations in an effort to avoid a repeat of the 2008 crisis, the oversight panel had the power to designate non-bank institutions such as AIG as systemically important financial institutions, meaning that their failure could pose a risk to the entire financial system.
The Economic and Financial Crime Commision (EFCC) prosecutor, Jacobs, had told a Federal High Court, Abuja on Wednesday that the DSS Director of Legal Services attributed the failure of the agency to produce the ex-NSA in court on Tuesday to an «oversight».
Also discussed is the importance of effective charter school oversight in order to prevent closure except in cases of academic or financial failure.
The report argues that failures in governance and poor financial stewardship at a few free schools indicate that «oversight arrangements are not yet working effectively enough to make sure public money is used properly».
«The state's failure to create an effective financial oversight system is obvious, as Louisiana charter -LSB-...] Read More»
Adopting such a resolution regime, together with tougher oversight of large, complex financial firms, would make clear that no institution is «too big to fail» — while ensuring that the costs of failure are borne by owners, managers, creditors and the financial services industry, not by taxpayers.
Congressman Ted Lieu told Newsweek that Kushner's failure to list a company called Cadre on his initial financial disclosure forms — an oversight that could mean millions for the president's son - in - law — is an ethical lapse that should have severe ramifications.