Sentences with phrase «financial oversight on»

The contentious campaign included strident criticism of Strough for failing to inform the public and other board members of a state audit citing inadequate financial oversight on town contracts.

Not exact matches

There will be some supervision on our part of some financial stuff and real estate, but not oversight of how you run your business.

«The minister of finance, supported by the Department of Finance, has ultimate responsibility for the financial system and authority for all financial sector legislation,» he said in a speech in Vancouver in 2009, slamming the door on the efforts of some in Ottawa, including former Bank of Canada governor Mark Carney, to create a more robust system of financial oversight.

Researchers link these tendencies to outcomes like greater financial returns, more attention paid to risk oversight and control, and insistence on conflict - of - interest guidelines.

The oft - praised report commissioned by the Enron board and even reports commissioned by the government and bankruptcy courts, such as the recent Financial Crisis Inquiry Report or the Valukas report on Lehman, describe lapses of oversight but do not contain clear, pointed characterizations or condemnations of the sort the Olympus report provides.

In Asia, stocks closed mostly higher but Chinese bonds and equities stumbled after the government announced new steps on banking oversight in an «arduous» fight on financial risks, Reuters reported.

The heads of federal financial oversight agencies testified on on the implementation of the 2010 Dodd - Frank financial regulations law, focusing on derivatives.

The Audit Committee serves a Board - level oversight role, in which it provides advice, counsel, and direction to management and to the auditors on the basis of the information it receives, discussions with management and the auditors, and the experience of the Audit Committee's members in business, financial, and accounting matters.

An article on Friday about the pending exit of Twitter's chief executive, Dick Costolo, misstated the sequence of events involving the role of a potential successor, Anthony Noto, Twitter's chief financial officer, who recently assumed oversight of marketing at Twitter.

In his new role, Delorey is directly responsible for the on - site management of Marriott Vacation Club and Grand Residences by Marriott properties around the globe, provides oversight and coordination of the on - site management company for The Ritz - Carlton Destination Club, and is responsible for the development and financial performance of resort - based ancillary businesses.

Among the likely changes to Dodd - Frank: raising the threshold for tougher oversight from the current $ 50 billion in assets to $ 250 billion; exempting small banks from the so - called Volcker rule, which currently bars them from speculative trading; reducing the amount of financial reporting, particularly racial and income data on mortgage holders; lowering the frequency of regulatory exams; and easing the conditions of stress tests.

Better macroprudential oversight might have noticed how the sale of those assets was propping up the financial system on brittle pillars, and the selling of these products could have been curbed before disaster struck.

The market's faith in the Chinese financial industry is being weighed and the headlines point to a merger of the China Banking Regulatory Commission and the China Insurance Regulatory Commission, with some of their current powers — such as financial regulations and prudential oversight — passed on to the People's Bank of China.

The Auditor General, in her Observations on the financial statements, stated that «having accrual - based budgeting results in improved financial oversight as the plans and related results are on the same basis of accounting and therefore result in better transparency and accounting.

Borrowers from Western Sky Financial also can apply for refunds on interest payments made above 24 percent per year from a $ 1.7 million account administered by Dahl Administration under the oversight of the Circuit Court for Baltimore City.

Investment Manager essential duties are: 1) Leadership of transaction execution — oversight of all advisors (financial, legal, market and technical), oversight of all financial modelling, pro-active management of timeline and primary point of contact for investment team; 2) Strong input on transactions sourcing; 3) Managing multiple transactions; 4) Negotiate and create optimal commercial, financial and legal structures; 5) Creation of materials for the Investment Committee («IC») sufficient to allow the IC to approve or reject activities, commitments, investments, and exits in accordance with company risk preferences, appetite, processes, etc.; 6) Creation and management of transaction closing processes; 7) Developing, instructing, training, mentoring, and coaching junior personnel;

Given its broad potential impact on activities from contracts to identity management, agencies tasked with diverse operations, from financial markets oversight to border patrol, need to monitor Bitcoin's evolution.

Moreover, several jurisdictions have implemented enhanced oversight and prudential measures, including local capital, liquidity and funding requirements and restrictions on intragroup financial transfers, promoting «self - sufficiency» and effectively reducing the scope of global banking groups» internal capital markets (Goldberg and Gupta, 2013).

Treasury chief executive Mike Clarke said on Friday that Mr Burghardt had done a fine job as chief financial officer during a «critical period for the business» and would now use his deep commercial knowledge to provide important oversights of the operations in the Americas.

Kane was recently named managing director of financial oversight, focusing on PSEG rather than LIPA's finance and budget.

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».

She caught the public's attention on financial matters even before she held office, as an academic and chair of the oversight panel for the government's bailout of the financial industry.

The House Committee on National Security and Intelligence is scheduled to visit the Headquarters of the National Intelligence Agency (NIA) as part of its oversight function to unravel the controversy over the $ 43.4 million recovered by the Economic and Financial Crimes Commission (EFCC) Apartment 7B in Osborne Towers, Ikoyi, Lagos.

The Panel for Educational Policy, a 13 - person body that votes on billions of dollars in school spending, is under - trained in financial oversight and pressured to do whatever de Blasio asks, members say.

The ORE guidelines, which did not exist until last year, were established upon the recommendation of a SUNY task force on affiliates, which also found «that more specificity was needed» in alumni association and auxiliary services corporation guidelines «with respect to financial responsibility, accountability, transparency and oversight.»

, were established upon the recommendation of a SUNY task force on affiliates, which also found «that more specificity was needed» in alumni association and auxiliary services corporation guidelines «with respect to financial responsibility, accountability, transparency and oversight.»

It's one part of a series of measures that would establish more oversight of Cuomo's business subsidy programs — others would require financial disclosures on regional economic development councils and mandate more reporting on tax - free zones that critics say are under - performing — that have cropped up, but not advanced.

A report released by Nassau Comptroller George Maragos on Thursday, Aug. 17, 2018, found questionable county financial management and oversight of a $ 12.5 M superstorm Sandy cleanup contract.

The Council's Committee on Finance met for oversight on the de Blasio administration's November Financial Plan Update, which shows a projected increase in spending of $ 1.3 billion this fiscal year, as well as additional savings being set aside by the city.

Powell, who joined the PEP in 2012 and served on the contract committee, contends he never got the state - required minimum six hours of training on financial oversight, accountability and fiduciary duties.

The Panel for Educational Policy, a 13 - person body that votes on billions of dollars in school spending, is under - trained in financial oversight and pressured to do whatever Mayor de Blasio asks, members say.

The less glamorous part of a ministry routine includes project budgeting under financial constraints, routine oversight of ongoing research or education programs, or de-escalating the effect of a misleading tabloid report on public opinion.

It explains that this would require merging the financial accountability functions of the EFA with the oversight on standards of the SCG.

Consequently, the ASBCS needs to be empowered to take on a stronger oversight role when charters such as Discovery Creemos Academy show signs of significant financial difficulty instead of having no power to close a school for financial reasons and ending up renewing its charter authorization for 20 years a mere seven months before it collapsed.

Eastin, in a post published on Medium titled «California Needs a Moratorium on Charter Schools,» wrote: «Too many charters are escaping the rigorous financial oversight, auditing and reporting rules that are required of traditional public schools.

Composed of leaders from finance, education, research, legal, nonprofit, and business communities, Committee for Children's Board of Directors serves as the governing body charged with providing oversight and counsel on matters related to the organization's mission, vision, strategic plan, and financial sustainability.

Petersen's recent series on the financial scandals at El Camino High School asked hard questions about the lack of oversight provided by the Los Angeles School Board.

«Labour has long warned of the dangers that a lack of financial oversight and allowing unqualified teachers to teach in our classrooms on a permanent basis would cause.»

ExED offers client schools a valuable Financial Oversight Toolkit which shares our collective wisdom regarding financial oversight best practices, and includes primers on such topics as school roles and responsibilities, fraud and mismanagement, and 50 Smart Questions about financial maFinancial Oversight Toolkit which shares our collective wisdom regarding financial oversight best practices, and includes primers on such topics as school roles and responsibilities, fraud and mismanagement, and 50 Smart Questions about financial mafinancial oversight best practices, and includes primers on such topics as school roles and responsibilities, fraud and mismanagement, and 50 Smart Questions about financial mafinancial management.

Kestrel Heights was pushing to keep its high school open, saying its board has strengthened oversight, and that closing the high school would put the charter school on shaky financial ground.

It has published two policy reports in the past 6 months on charter school financial practices and net losses; findings from both reports indicated the urgent need for greater financial oversight of how charter schools manage taxpayer dollars.

Despite all the rhetoric about «increased accountability,» when it comes to issues like full financial transparency, compliance with state laws on contracting, or even background checks on employees, lack of adequate oversight creates the inevitability of poor quality, non-compliance with laws governing the schools and outright fraud.

As part of its oversight and monitoring of TIFIA and RRIF projects, the DOT will routinely update its information on credit quality, construction schedules, legal issues, revenue forecasts, financial projections, and project performance.

Provide strategic direction and oversight to ESC on behalf of DOT as a Federal Shared Service Provider designated by OMB to provide financial systems and accounting services to other Federal agencies on a cost - reimbursement basis.

requiring that any Federal financial assistance provided under this chapter be spent on correcting safety deficiencies identified by the Secretary or the State safety oversight agency before such funds are spent on other projects;

We need to ensure that there is appropriate congressional oversight on how the financial services legislation will be implemented.

Particularly the Fed has been lax in financial oversight, as they are the overall regulator, and they have not been tough on the regulators that they oversee.

As a complement to accountability systems focused on academic success, financial oversight, and labor - market outcomes, a robust risk - sharing proposal would help improve outcomes for students and reduce costs for taxpayers.

The Consumer Financial Protection Bureau (CFPB) assumes the oversight of the consumer debt collection industry on January 1, 2013..

Though payday lenders have historically been regulated on the state level, the Consumer Financial Protection Bureau has explored establishing federal regulations and oversight.