Regulations & Financial Reform
AFP Reg Report: Tax Plans, MMFs and Basel III
Recent regulatory developments relevant to treasury and finance professionals are reviewed in the AFP Reg Report. The latest report looks back at February, which saw six congressional hearings on cybersecurity, rule changes to EU money market funds, movement on the Basel III leverage-ratio requirements and long-awaited tax overhaul legislation.
What Would the Camp Tax Overhaul Mean for Treasurers?
Last week, U.S. Representative Dave Camp (R-MI) released the most detailed plan for overhauling the federal tax code since its last major restructuring in 1986. The plan broadens the taxable base and flattens out of the tax rate structure in an effort to down the marginal corporate rate.
Bitcoin Breakdown: The Demise of Mt. Gox
This week, Mt. Gox files for bankruptcy, admitting that it has lost approximately all of its Bitcoins—or nearly half a billion dollars. Also, researchers discover 146 different types of Bitcoin malware.
Former Fed Chair Bernanke to Keynote AFP Annual Conference
Former Federal Reserve Chairman Ben S. Bernanke will deliver the keynote address at the AFP Annual Conference in Washington D.C. November 2-5, the Association for Financial Professionals (AFP) announced today.
Yellen: No Change on Forward Guidance, Labor Markets Hurting
In her first public appearance on Capitol Hill as confirmed head of the Federal Reserve Board, Chair Janet Yellen spoke before the House Financial Services Committee. Delivering the Fed’s Semiannual Monetary Policy Report to Congress, Yellen took questions from all committee members, lasting just short of six hours—an arrangement she agreed on beforehand.