Sentences with phrase «financial oversight system»

Schools that receive McKay Scholarships would have to participate in the state's financial oversight system for scholarship programs.

«The state's failure to create an effective financial oversight system is obvious, as Louisiana charter -LSB-...] Read More»

Not exact matches

«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.

China said it will merge its banking and insurance regulators, in a long - awaited move to streamline and tighten oversight of the financial system in the world's second - biggest economy.

Furthermore, there should be no rollback of the postcrisis reforms that have strengthened oversight of the financial system.

The Dodd - Frank bill, which was passed in 2010 in response to the financial crisis, aimed to decrease various risks across the financial system and increase regulatory oversight to prevent such a meltdown from happening again.

An example is the oversight of key financial market infrastructures, such as payment systems and central counterparties.

Those votes highlighted the fervent free - market ideology that has made Hensarling, now chairman of the House Financial Services Committee, the proud leader of the drive by congressional Republicans to roll back tougher federal oversight of the financiaFinancial Services Committee, the proud leader of the drive by congressional Republicans to roll back tougher federal oversight of the financialfinancial system.

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.

If the external shocks seemed to pose financial stability risks, macroprudential measures might be introduced as a complement or backstop to existing regulations and oversight of domestic financial systems.

A multitude of federal agencies, self - regulatory organizations (SROs), and state authorities share oversight of the financial system under a framework riddled with regulatory gaps, loopholes, and inefficiencies.»

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.

When the International Monetary Fund last reviewed Canada's financial system in 2014, it recommended we do better in managing federal - provincial co-ordination around systemic risk oversight, and improve systemic risk management in capital markets.

It is the closest thing Canada has to comprehensive oversight of the financial system, yet it operates in obscurity.

«Smaller, stand - alone payment systems for which there are many substitutes — like bitcoin — should generally require much less intensive oversight and regulation because they pose much less risk to the Canadian financial system as a whole,» Deslongchamps told the news publication.

«Second, the systems of financial oversight and control for the management of the patrimony of the Order were either too weak or were compromised, thus limiting their effectiveness to guarantee responsible, transparent management.

Third, the lack of attention afforded to the nuts and bolts of financial management in K - 12 public education can result in naïve oversight and inadequate management - information systems that can delay appropriate responses to emerging financial crises.

Most recently, a 2012 audit of Magnolias 1, 2 and 3 by the Inspector General's office found that Magnolia «needed to strengthen their internal control systems and their oversight of fiscal and financial operations.»

In a statement, the Department for Education said: «All academies operate under a strict system of financial oversight and accountability, more robust than in council - run schools.

While the state has complex, multi-layered systems of oversight of the charter system, this history of financial fraud makes it clear that these systems are not effectively detecting or preventing fraud.

Provides strategic direction and oversight for the maintenance, upgrading, and enhancement of DOT - wide financial management (and related) systems, such as Delphi and MarkView, as well as interfaces to Delphi from operating administrations and external feeder systems.

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.

This office's primary function is to provide fiscal oversight of DOT's resources by continually reviewing its financial management activities, internal controls, and financial systems.

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 budget proposes legislative amendments to «strengthen oversight of CMHC and to ensure its commercial activities are managed in a manner that promotes the stability of the financial system».

advising a state - owned financial institution on an inquiry commenced by its regulator into its anti-money laundering systems, anti-fraud controls and management oversight.

Technology, changes in our tax and financial system, regulatory oversight, commercial codes and cultural dynamics impact how the law affects our daily lives.

The Bank of England and others are already exploring blockchain - enabled fiat currencies to reduce friction, cost, and risk, increase transparency and accountability, and improve oversight of the financial system.

Japan — 1 April 2017, a new law actioned making Bitcoin a legal payment system giving the government Tighter oversight from the Financial Services Agency.

Your executive resume will need to make the leap from financial systems oversight to strategic executive advisor and team member.

This state agency is responsible for management and oversight of the student financial aid system, including grants, scholarships and loan programs.

Banc of America Securities, San Francisco • TX 2000 — 2002 Vice President of Information Technology Developed and directed private portal that defined solutions including institutional, retail and investor trading systems; contract and portfolio management systems; custom portals, financial content site; online reporting warehouse with oversight of 15 technicians and contractors.

To utilize my extensive financial systems, logistics management and supply chain management skills as well as my operations and personnel teaming and team building experience to significantly contribute to the success, productivity and profitability of a proven, progressive organization PROFESSIONAL ACHIEVEMENTS OPERATIONS AND LOGISTICS MANAGEMENT (US Navy, LCDR, CDR, GS -343-13) * Responsible for oversight, guidance and dir...

Non-Profit Program and Operations Coordinator — Duties & Responsibilities Lead through example with consistent work ethic, attitude, and professionalism, while executing various program administration functions, overseeing operations and ensuring both efficient organizational communications and processes Collaborate in all phases of strategic planning with other members of management team, including program mission, marketing and public relations, vendor and volunteer management, member services and systems implementation Demonstrate leadership with respect to program direction, fundraising strategies and project management Provide continuous assessment of key considerations, potential issues, and the utilization of available resources, while furnishing oversight and guidance regarding effective donor recruitment and recognition strategies Perform needs - based and situational assessments of policies and procedures to evaluate program effectiveness, improve operational efficiency, manage and reduce costs, and promote both staff and member satisfaction Utilize talent among team members with focused training efforts, effective collaboration and the promotion of a performance - based work environment that leverages individual talents for group benefit Employ support staff to aid in effective marketing, relations, administration and program operations, delegating important tasks and assignments while providing timely follow - up to ensure task completion Facilitate the effective execution of all related administrative and financial aspects of non-profit management, while analyzing and presenting important information to executives, stakeholders and other relevant parties Ensure the organization and maintenance of relevant information in confidential, secure, and efficient manner as well as adherence to all stated laws, statutes, policies, procedures and guidelines with application in the non-profit arena Support the creation and implementation of organizational marketing and operations strategies while tracking performance versus internal and external benchmarks, focusing on both program growth as well as cost management Develop and maintain a strong working knowledge of related products, services, techniques and relevant tools

The risk to the financial system from tapped - out home buyers is shifting to a market where there's no oversight from the country's national bank regulator and new stress - test rules don't apply.