The European Union's Financial Services Action Plan and Its Implications for the American Financial Services Industry: Hearing Before the Committee on Financial Services, U.S. House of Representatives, One Hundred Seventh Congress, Second Session, May 22, 2002U.S. Government Printing Office, 2002 - 118 من الصفحات |
طبعات أخرى - عرض جميع المقتطفات
عبارات ومصطلحات مألوفة
Annette Nazareth assets bank holding companies bank's Basel Committee capital adequacy directive capital charge capital rules Chairman OXLEY comitology Commission's competitive concerns Congress consolidated supervision dialogue DINAN economic efficient ensure EP's EU's Euro Europe Europe's European Commission European Council European financial European Parliament European Securities European Securities Committee European Union European Union's Financial FASB Federal Reserve financial markets Financial Services Action financial services firms financial services industry Frits Bolkestein FSAP GAAP Gramm-Leach-Bliley Act implementation integration international accounting standards investors Iran issuers issues LACKRITZ LAFALCE Lamfalussy Report national treatment Nazareth negotiations operational risk PETROU Proposed Directive prospectus directive Quarles regulators requirements securities industry Services Action Plan SHADEGG SHAYS significant single market statement stock options supervision of financial supervisors Thank trade transparent Treasury trillion U.S. financial services U.S. firms U.S. GAAP U.S. interests U.S. securities firms Union's Financial Services United vote
مقاطع مشهورة
الصفحة 82 - Union has today set itself a new strategic goal for the next decade: to become the most competitive and dynamic knowledge-based economy in the world capable of sustainable economic growth with more and better jobs and greater social cohesion.
الصفحة 92 - SIA member firms (including investment banks, broker-dealers, and mutual fund companies) are active in all US and foreign markets and in all phases of corporate and public finance. The US securities industry manages the accounts of nearly 80-million investors directly and indirectly through corporate, thrift, and pension plans.
الصفحة 57 - International agreements, such as the North American Free Trade Agreement (NAFTA) and the General Agreement on Tariffs and Trade (GATT), have gradually lowered trade barriers, such as tariffs and import quotas.
الصفحة 94 - Bulgaria, Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia, Slovenia, and Turkey. The accession process requires: (1) an opinion, from the European Commission on the applicant's suitability to become a member, (2) the European Council of Ministers...
الصفحة 50 - States like these and their terrorist allies constitute an axis of evil, arming to threaten the peace of the world. By seeking weapons of mass destruction, these regimes pose a grave and growing danger. They could provide these arms to terrorists, giving them the means to match their hatred.
الصفحة 46 - ... entities that continue to apply Opinion 25. The Board believes that disclosure of the pro forma effects of recognizing compensation cost according to the fair value based method will provide relevant new information that will be of value to the capital markets and thus will achieve some but not all of the original objectives of the project. However, the Board also continues to believe that disclosure is not an adequate substitute for recognition of assets, liabilities, equity, revenues, and expenses...
الصفحة 46 - ... optional. SFAS 123 makes it clear that the FASB decided to permit the disclosurebased alternative for political reasons, not because it thought that it was the best accounting solution: ...the Board... continues to believe that disclosure is not an adequate substitute for recognition of assets, liabilities, equity, revenues and expenses in financial statements... The Board chose a disclosurebased solution for stock-based employee compensation to bring closure to the divisive debate on this issue-not...
الصفحة 46 - ... income: The Board continues to believe that financial statements would be more relevant and representationally faithful if the estimated fair value of employee stock options was included in determining an entity's net income, just as all other forms of compensation are included. To do so would be consistent with accounting for the cost of all other goods and services received as consideration for equity instruments. . . . However, in December 1994, the Board decided that the extent of improvement...
الصفحة 46 - The Board chose a disclosure-based solution for stock-based employee compensation to bring closure to the divisive debate on this issue — not because it believes that solution is the best way to improve financial accounting and reporting^ In 2002, in Congressional testimony before the Committee on Banking, Housing and Urban Affairs, Dennis R.
الصفحة 24 - the most competitive and dynamic knowledge-based economy in the world, capable of sustainable economic growth with more and better jobs and greater social cohesion".