Joint committees are committees with members from multiple organizations, often used in politics. In the US Congress, there are four standing joint committees, and special versions can be formed for specific topics. Parliamentary democracies also use joint select committees. International organizations and trade agreements often use joint committees. Non-governmental organizations may also form joint committees. […]
The House Judiciary Committee was established in 1813 to handle legal matters in the United States Congress. It has jurisdiction over proposed amendments to the Constitution, impeachments, and crime and national security issues. Members are selected based on political affiliation and legal background. The committee has five subcommittees and oversees departments within the executive branch. […]
A substantive committee is a review board used to determine disciplinary action or sanctions against individuals in various settings, including prisons, workplaces, and the insurance industry. The committee evaluates an individual’s actions and determines appropriate action if rules are violated. A substantive committee is the term used to describe a special committee that exists solely […]
The House Commerce Committee regulates domestic economic activity and consumer rights in the US. It has five subcommittees dealing with specific areas of economic policy, including commerce, communications, energy and the environment, health, and oversight and investigations. Founded in 1795, its role has grown with the expanding US economy and legal interpretation of the Interstate […]
The House Armed Services Committee oversees military spending and recommends legislation to improve the effectiveness of the US military. It was formed in 1946 by combining the Military Affairs and Naval Affairs Committees. The committee is responsible for personnel, operations, resources, and battle readiness assessments. Legislation approved by the committee is sent to the Plenary […]
The Basel Committee on Banking Supervision develops recommendations to improve banking standards and regulations globally, aiming to create a level playing field. It was established in 1974 after a German bank crisis, and its members meet four times a year to discuss pressing issues. The organization is not regulatory but makes recommendations on reserve requirements […]
An audit committee oversees accounting procedures, financial reporting, and disclosure of financial information. They review reports, monitor compliance, and investigate irregularities. They hire outside consultants and supervise external auditors. The committee’s responsibilities are to ensure accounting best practices, avoid conflicts of interest, and protect the financial stability of the organization. An audit committee is a […]
Ad hoc committees are temporary groups set up to address specific issues and generate recommendations or resolutions. They can be diverse and draw members from multiple agencies and organizations. Legislative bodies use them to make recommendations, and their power and resources vary. An ad hoc committee is a group set up to consider a specific […]
Loan committees, consisting of senior executives and experienced financial managers, review loan applications that fall outside the bank’s loan officer’s authority or require special attention. They analyze financial statements, credit statements, and other data to determine the best course of action, assess risk exposure, and ensure regulatory compliance. They also review loan reports and management […]
Community development committees focus on economic, urban, and housing issues, and may review proposed projects related to housing development, make recommendations for the sale of city-owned properties, and discuss ways to revitalize the community. They meet regularly to ensure the community is safe and economically viable. A community development committee is a type of planning […]
The Basel Committee on Banking Supervision develops recommendations to improve banking standards and regulations globally. It was established in 1974 after a German bank crisis. The organization meets four times a year in Switzerland and has four groups focusing on different topics. It provides outreach and education to non-member countries and aims to create a […]
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