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Seven years after enactment, FSOC's SIFI designation authority faces new scrutiny.
The key legislative fact is this: FSOC's designation authority is essential to this dynamic.
FSOC's designation authority can play a major role in maintaining financial stability over the long term.
This analysis of the FSOC designation authority misunderstands how the FSOC scheme should function.
He has worked on the case, defending the roadless designation authority, since the first legal challenges in 2000.
Moreover, the FSOC's designation authority often spurs other regulators to expand their perimeter and set stability-promoting standards.
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Treasury's decision not to expressly invoke DoddFrank's formal designation authorities suggests it has not settled how its recommended approach would work in practice.
This SIFI-designation authority has been controversial.
In short, there will be fewer SIFIs with FSOC-designation authority than without.
The World Health Organization Global Strategy for the Containment of Antimicrobial Resistance report [ 36] states that "National commitment to understand and address the problem and the designation of authority and responsibility are prerequisites for interventions.
Statutes delegated a single state official (14 states), one state official and one per-locality official (14 states), a single per-locality official (15 states), or two or more state officials and/or two or more per-locality officials (4 states); there was no statutory designation of authority in 3 states.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com