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Also, banks and insurance companies (including those in Europe) that do use existing international standards have no requirement to account for derivatives.
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Such standards will be aided by a requirement for measurable security sector assistance objectives, appropriate data collection of the impacts and results of security sector assistance programs, and improved efforts to inform decision-making processes with data on what works and what does not work through impact evaluations when permissible.
WHITEHOUSE: Fact Sheet: U.S. Security Sector Assistance Policy
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Even before NHTSA officials began talking about formal guidelines, car makers had adopted their own standards for designing safe infotainment systems, including a requirement that no task should require a driver to look away from the road for more than 15 seconds.
WSJ: Dashboard Multimedia Systems Get Redesigns, Draw Scrutiny
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As part of the package of new standards, banks will be required to increase their minimum common equity requirement from 2% to 4.5%, and will additionally have to hold a capital conservation buffer of 2.5%, "to withstand future periods of stress, " the Basel Committee said in a press release.
FORBES
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Their aim is to achieve highest scientific standards by carrying out a rigorous peer review that is, as a minimum requirement, supposed to be able to identify fundamental methodological errors or false claims.
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