Regulation
Amended regulation sets licence requirements for bus drivers, re-migrants
The Ministry of Home Affairs has clarified certain aspects of the qualifications a driver would need to be granted a licence to drive a motor bus or a goods vehicle and for re-migrants. In a press release issued on Monday, the ministry said that previously, Regulation 33 of the Motor Vehicles and Road Traffic Regulations [...]
Lawsuit Testing Federal Porn Regulation Allowed to Survive
Citing voluminous filings and a preference for airing controversial issues – such as balancing free speech with deterrence of child pornography – in an open courtroom, a federal judge has denied summary judgment to both sides of a case testing federal regulation of pornography.
Illinois House Committee OKs Fracking Regulation Proposal
SPRINGFIELD, Ill. (AP) A proposal that aims to create thousands of jobs in southern Illinois by kick-starting high-volume oil and gas drilling cleared a top committee Tuesday, sending it on to the House floor. The House Executive Committee voted 11-0 to send the full House a bill meant to regulate hydraulic fracturing, or fracking, though [...]
Jakarta passes regulation to manage garbage… and floods
BANGKOK (Thomson Reuters Foundation) – Jakartas Legislative Council approved on Tuesday a sweeping regulation on waste management that would see fines of up to $5,100 in an effort to alleviate floods, reported the Jakarta Globe. The Indonesian capital Jakarta is home to about 10 million people and is inundated every year when heavy rains are [...]
Federal Reform Must Bar State and Local Regulation of Immigration
As the Senate Judiciary Committee debates S.744, the bipartisan immigration reform bill, few would question that last Novembers election vote — particularly the disproportionate support of Latinos for the president — motivated congressional consideration of immigration reform after many years with no progress. The key question is whether lawmakers will properly interpret the November vote [...]
KPMG: Regulation is keeping bankers up at night
Bank executives are more worried about industry regulation than any other issue, according to a survey conducted by KPMG, a tax, audit and advisory firm. KPMG’s Banking Outlook Survey reports 77% of bankers cite regulatory changes and political uncertainty as the biggest threat to their business this year and the top impediment to growth. About [...]
Chinese Banks Offered Fewer Wealth Management Products In Response To …
The new regulation required that investment in nonstandard assets be no higher than 35 percent of a bank’s total outstanding wealth management products, or no more than 4 percent of the bank’s total assets at the end of the previous year. By contrast, at the end of 2012, 40 percent of all outstanding wealth management [...]
EU Tightens Offshore-Oil Regulation in Response to BP Spill
The European Union tightened safety rules for offshore oil and natural-gas exploration to curb the risk of a major accident after BP Plc’s (BP/) 2010 spill in the Gulf of Mexico, the largest in US history. The European Parliament approved legislation that forces oil and gas companies to submit special hazard reports and emergency-response plans [...]
EPA proposes stricter regulation of steam electric power plant discharges
WASHINGTON, DC — There soon could be less toxic pollutants in the nation’s waterways from power plants. The Environmental Protection Agency proposed Friday a range of options to reduce the release of pollutants such as mercury, arsenic, lead and selenium from steam electric power plants into US waterways.
Lakeshore building regulation bill stalls in Senate
The leadership of the Vermont Senate is trying to stitch together a temporary solution that would protect the state’s shorelines without raising the ire of waterfront property owners. The House passed a bill 21 days ago that regulates construction within 250 feet of a shoreline, but it’s since faltered in the Senate. The chair of [...]