It had established its own internal protection against losing money with AIG by offsetting transactions where it bought protection against AIG failing.

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The biggest areas for new legislation at the moment are the environment, public health, consumer protection and internal security.

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Then a formal, thought-out system of supervision and risk management is created and applied at every level to ensure execution of the strategy and protection against internal and external threats.

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In Uganda or Burundi, for example, aid and protection get to internal refugees only when the governments allow it.

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This will most likely entail better privacy protection for individuals and more internal controls.

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This time-consuming reporting could, in turn, produce additional government oversight and regulation by agencies such as the Occupational Safety and Health Administration, the Environmental Protection Agency, and the Internal Revenue Service.

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So as part of last August's Pension Protection Act it ordered the Internal Revenue Service to allow taxpayers to direct deposit some or all of their tax refunds into up to three accounts, including Individual Retirement Accounts.

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Its internal intelligence agency, the Office for the Protection of the Constitution, has been given direct access to records held by banks, and can now ask the postal service and airlines for information on demand.

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According to reports, the plan calls for creating three types of forces under the Cyber Command: protecting computer systems that involve electrical grids and other kinds of infrastructure, offensive operations overseas as well as protection of the defence department's internal systems.

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It is a pretty wide-ranging set of discreet policies, subsidies, incentives, disincentives and restrictions that is administered by various federal departments and agencies, including the Department of the Interior, the Energy Department, the Environmental Protection Agency, the Federal Energy Regulatory Commission, OSHA, and even the Internal Revenue Service.

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