Posts Tagged ‘regulations’

Presley’s office eyeing wireless carriers

NORTH MISSISSIPPI — Northern District Public Service Commissioner Brandon Presley’s office has begun random checks of wireless phone retailers to ensure compliance with the Consumer Code for Wireless Service. PSC regulations require designated wireless companies comply with the code, which provides consumer rights at the point of purchase such as a 14-day trial period, the […] [...]

Banks buoyed by new global regulations

by Published: September 13,2010

Tags: banking and finance, financial reform, regulations

BASEL, Switzerland — Bank stocks rose today on news that global regulators have agreed on new banking rules aimed at averting another financial collapse. The new rules, which will gradually require banks to hold greater capital buffers to absorb potential losses, are likely to reshape the credit industry by imposing stricter discipline on credit cards, […] [...]

Obama claims victory in financial overhaul bill

by Published: June 25,2010

Tags: banking and finance, financial, regulations

WASHINGTON — President Barack Obama declared victory today after congressional negotiators reached a dawn agreement on a sweeping overhaul of rules overseeing Wall Street. Lawmakers shook hands on the compromise legislation at 5:39 a.m. after Obama administration officials helped broker a deal that cracked the last impediment to the bill — a proposal to force […] [...]

UBS AG: Swiss banks under pressure

GENEVA — Embattled UBS AG has warned that Switzerland’s financial industry is at risk unless lawmakers approve a tax treaty with the United States, and that other Swiss banks may be next to face pressure from U.S. regulators. In a letter to parliamentarians, the banking giant said the U.S. Internal Revenue Service has collected information […] [...]

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