KNESSET CHRISTIAN ALLIES CAUCUS

July 21, 2010 at 10:28 pm | Posted in History, Israel, Middle East, Palestine, Research | Leave a comment

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The Knesset Christian Allies to Host Top Christian

Students

KCAC

Knesset Christian Allies Caucus

The Knesset Christian Allies

The Knesset Christian Allies to Host Top Christian Students Christian “Birthright” group visits Israel

The KCAC is a bi-partisan caucus comprised of seventeen Knesset members. Established in 2004 by the late Dr Yuri Shtern, it is today chaired by Knesset Member David Rotem. The caucus aims to forge direct lines of communication between Knesset members and Christian leaders, organizations and political representatives in Israel and around the world.

Jerusalem- July 21, 2010. On Wednesday July 21st, the Knesset Christian Allies Caucus will host an educational encounter between Knesset members and exemplary Christian college students.

The students were participants of the Eagles’ Wings Annual Israel ExperienceCollege Scholarship Program sometimes dubbed ‘Christian Birthright’ because it trains participants to serve as informed Israel advocates on their college campuses.

The delegation will have a chance to hear from and interact with Deputy Minister MK Ayoob Kara (Likud), MK Yoel Hasson (Kadima), and MK Fania Kirshenbaum (Yisrael Beteinu) in the Knesset.

According to Eagles’ Wings educational director Michael Onifer, the program aims “to raise up educated ambassadors who are articulate about the truth about Israel‘s situation, about God’s promises to Israel, and about why it’s important for Christians to pursue that.”

Previous participants have gone on to establish successful political careers as parliamentary aids and speech writers.

The KCAC is a bi-partisan caucus comprised of seventeen Knesset members. Established in 2004 by the late Dr Yuri Shtern, it is today chaired by Knesset Member David Rotem. The caucus aims to forge direct lines of communication between Knesset members and Christian leaders, organizations and political representatives in Israel and around the world.

Media Contact:
Dalit Rosin, Administrative Assistant
054 764 7759
Christianalliescaucus@gmail.com

The Knesset Christian Allies to Host Top Christian Students

KCAC

Knesset Christian Allies Caucus

The Knesset Christian Allies

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RISK DISCLOSURE PRACTICES: FINANCIAL STABILITY BOARD

July 21, 2010 at 1:41 pm | Posted in Economics, Eurozone, Financial, Globalization, Research | Leave a comment

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Financial Stability Board invites feedback on risk

disclosure practices

The Financial Stability Board (FSB)

Press, Service (press@bis.org)

Publications, Service (Publications@bis.org)

Wed 7/21/10

The Financial Stability Board (FSB) has launched a peer review of the implementation of the recommendations concerning risk disclosures by market participants that were made in the April 2008 Financial Stability Forum Report on Enhancing Market and Institutional Resilience. As part of this review, the FSB invites public input on the implementation of the recommendations.

The financial crisis highlighted the importance to market confidence of reliable valuations and disclosures of the risks that are most relevant to market conditions at the time. The recommendations in the April 2008 report related in large part to disclosures about structured products and certain other risk exposures that were of concern to market participants in 2008. The review will focus on implementation of the recommendations by FSB member jurisdictions and by the major financial institutions located in those jurisdictions.

A template (attached) to collect information from national authorities was distributed to FSB members in June 2010, and the responses will be analysed and discussed by the FSB later this year. The review is to be completed by January 2011 and the report will be published.

As part of this review, we welcome feedback from investors, audit firms, financial institutions, industry associations and other stakeholders on their practical experiences as users of the resulting disclosures or in implementing the risk disclosure recommendations. This could include comments on how disclosure practices at financial institutions have changed, areas where implementation has proven to be challenging, or initiatives that have been taken to improve disclosures. Suggestions are also welcome for possible future approaches to enhance the dialogue amongst investors, financial institutions, audit firms, standard setters and regulators about improved principles for disclosure and further improvements in risk disclosure practices.

Feedback should be submitted by 10 September 2010 to fsb@bis.org under the subject heading “FSB Thematic Peer Review on Risk Disclosure.” Individual submissions will not be made public.

The review on risk disclosures is the second FSB thematic peer review in 2010, following the completion in March of the review on compensation. Additional information about FSB peer reviews is available on the FSB website.

Notes to editors

The FSB has been established to coordinate at the international level the work of national financial authorities and international standard setting bodies and to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies. It brings together national authorities responsible for financial stability in significant international financial centres, international financial institutions, sector-specific international groupings of regulators and supervisors, and committees of central bank experts.

The FSB is chaired by Mario Draghi, Governor of the Bank of Italy. Its Secretariat is located in Basel, Switzerland, and hosted by the Bank for International Settlements.

For further information on the FSB, visit the FSB website, www.financialstabilityboard.org.

Financial Stability Board invites feedback on risk disclosure practices

Press, Service (press@bis.org)

Publications, Service (Publications@bis.org)

www.financialstabilityboard.org.

Wed 7/21/10

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INTERNATIONAL BANKING STATISTICS FIRST QUARTER 2010

July 21, 2010 at 6:37 am | Posted in Economics, Eurozone, Financial, Research | Leave a comment

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Provisional international banking statistics first quarter

2010 released

Press, Service (press@bis.org)

Publications, Service (Publications@bis.org)

Wed 7/21/10

The Bank for International Settlements (BIS) has today released preliminary banking statistics for the first quarter of 2010. These statistics, with a commentary pointing out some highlights of the data, are now available on the BIS website.

Communications

Bank for International Settlements

E-mail: press@bis.org

Website: www.bis.org

Phone: +41 61 280 8188

Provisional international banking statistics first quarter 2010 released

Press, Service (press@bis.org)

Publications, Service (Publications@bis.org)

www.bis.org

Wed 7/21/10

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