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REJECTING A STACK of amendments offered by Democrats, the Senate Health, Education, Labor and Pensions Committee has approved controversial Republican legislation intended to help businesses comply with federal workplace safety [...]

President Zedillo's proposal signifies that the government finally is serious about promoting private investment. MEXICO'S SECRETARY OF ENERGY ANNOUNCED IN late January that the country will need an investment of [...]

The cartel chamber of the Dusseldorf civil court ruled in January that it is unlawful for the German Krankenkassen to take joint action in setting national reference prices. This comes at a time when the government is planning greater control over the health insurance pricing system.

Hoecker, Trebing see advantages in economies of scale. Will New York's proposed independent system operator fall victim to the FERC's evolving RTO process? "It has some conceivable drawbacks," FERC Chairman [...]

What types of products will regulators at the Department of Energy (DOE) be looking at most closely in the next two years? DOE has decided to give high priority to […]

Financial regulators need to bolster their strategic plans before sending them to Congress in two months, a government auditor testified Tuesday. The 1993 Government Performance and Results Act requires all [...]

Insurance firms are paying close attention to legislation that may adversely affect the property and casualty insurance industry and the health insurance industry by increasing operating expenses. States that are pushing for the regulation of the industry include Maryland, Hawaii, Massachusetts, New York and Illinois. Insurers and insurance associations are calling for changes in the bills before they are voted upon and implemented.

There is a new sheriff at the Federal Reserve Bank of Chicago. John J. Wixted Jr. takes over today as senior vice president for supervision. The former top regulator at [...]

Bank and thrift regulators will soon propose a modified Camel rating system that takes into account the risks of shifting market conditions. The Federal Financial Institutions Examination Council - the [...]

The U.S. needs to replace the 'command-and-control' regulatory model to spur advances in environmental protection, strengthen economic growth, and maintain social equity, according to the final report of the President's [...]

Provider-sponsored networks should be allowed to compete in the national healthcare system, but should be subject to the same federal, state and local regulation as other networks. Current legislation before Congress would create a bureaucracy to oversee provider-sponsored networks, but at the federal level only. This would be unnecessarily expensive and go against the stated Republican aim of reducing government regulation. It could also lead to disaster, as the collapse of many savings and loan institutions in the 1980s was the direct result of conflicting state-federal regulation., If there is one lesson Congress should have learned by now, it is that inconsistent and conflicting dual government regulation can sow the seeds of an economic disaster. That is [...]

The Ministry of Information and Communications (MIC), located in Seoul, revealed in late February its final plan for restructuring the nation's telecommunications industry. The plan included the selection of Dacom [...]

WASHINGTON -- Rep. Ron Wyden is seeking President Clinton's support for a plan to combine regulation of the futures and securities markets under one agency. In a Nov. 21 letter [...]

The Securities and Exchange Commission is stepping up its involvement in the municipal bond business, and the municipal bond business doesn't seem to grasp that its world is changing. Questions [...]

Treasury Dept Undersecretary Frank Newman says that the Treasury department will take into considerations the concerns and suggestions of bankers and the Federal Reserve Board when planning the consolidation of bank regulatory agencies. However, the Treasury Dept will not compromise nor negotiate on the issue. Bankers are concerned about the Clinton administration's plan to consolidate the agencies because they believe too much power would be left with the Treasury Dept. The Federal Reserve would like to see more than one regulator remain.

The Federal Reserve Board has been criticized by a group of independent experts for opposing the consolidation of federal bank agencies. The Shadow Financial Regulatory Committee favors Pres Clinton's proposal to combine the bank supervisory functions of the Federal Deposit Insurance Corp, Office of Thrift Supervision, Office of the Comptroller of the Currency and the Fed into the Federal Banking Agency. The shadow committee supplied three other recommendations concerning consolidation of bank supervisory functions., WASHINGTON - A group of independent industry experts scolded the Federal Reserve on Monday for opposing a merger of the bank agencies. The Shadow Financial Regulatory Committee endorsed the Clinton [...]

WASHINGTON - The Federal Reserve this week plans to formally respond to the Clinton administration's regulatory consolidation proposal. Fed chairman Alan Greenspan is expected to write a guest column in [...]

WASHINGTON -- The top Republican on the House Banking Committee yesterday called for federal constraints on derivatives activities and criticized the Treasury's plan to consolidate the banking agencies, saying it [...]

1) Bank and thrift regulators should retain a strong leverage capital standard to generally guard against risks at insured financial institutions, including risks posed by derivative instruments. Regardless of the [...]

WASHINGTON - A proposal by the Office of the Comptroller of the Currency to eliminate national banks' monthly reporting requirements under the Fair Housing Home Loan Data System could be [...]

Officials of the Chicago Board of Trade and the Chicago Mercantile Exchange are pressing for the creation of a new regulatory superagency patterned after the British model. The two exchanges say the US regulatory structures are outdated and need to be improved to meet the competition posed by the London International Financial Futures and Options Exchange. Both exchanges claim London's single regulation and clearing entity system enables it to achieve lower costs., Before the Futures Trading Act of 1992 was even signed into law, officials of the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME) were lobbying for a [...]

A group of business leaders from Long Island, NY, are making the rounds in Washington in an effort to convince administration officials and bank regulators to formulate new rules and [...]

Recourse Loans May Face Tighter Rules Regulators may soon try to impose tighter capital rules on certain credit enhancements, adding a new wrinkle to asset sales. Under current rules, when [...]

Reinsurers Grapple With Regulatory Issues A major problem plaguing U.S. reinsurers is they 'don't have a level playing field with foreign competition,' according to a reinsurance industry official. Taking issue [...]

The Congressional stampede to propose legislation regulating the pharmaceutical industry has a generic manufacturers group on the sidelines waiting for the to settle. The National Association of Pharmaceutical Manufacturers hasn't [...]