Sharing financial records

14 December 2001, bank supervisors and legal experts of G10 central banks and supervisory authorities met at the BIS to discuss how to prevent the abuse of the financial system when it is used to finance terrorism, and, specifically, issues relating to the sharing of financial records between jurisdictions to assist in the fight against terrorism. The meeting provided an opportunity for participants to review international developments directed at terrorism, and to consider specific assistance that central banks and banking supervisors might provide. The participants discussed measures that had been taken in their jurisdictions to combat terrorist financing and surveyed mechanisms for the sharing of financial records between national jurisdictions. In many of the countries represented at the meeting, legislation has been or is in the course of being amended to provide for sanctions to deter terrorist activities, including measures to deter terrorist financing.

Superior Financial Group Initiative

Superior Financial Group was founded in 2005 to provide access to capital for Underserved Businesses utilizing SBA express products. One of only 13 federally licensed non bank lenders (SBLC) allows SFG to focus on innovation and technology to provide speed and efficiency in the Financial Industry. SFG is a leading SBA lender in total number of loans and in six of the Minority owned business groups SBA tracks.

* African American
* Women Owned
* Hispanic Community
* Native American.
* Veteran Loans
* Export Loans

To help support small business and its business members, the Sam's Club, a division of Wal-Mart Stores, Inc., (NYSE:WMT), announced it was testing an online program with Superior Financial Group, which would make $5,000 to $25,000 loans available to its members who qualify. In a November 2009 state of small business survey conducted by Sam's Club, nearly 15 percent of its business members reported being denied a loan to run their operation, up from 12 percent in April 2009. The Sam's Club launched a small business loan pilot program, the first-of-its-kind that would complement other offerings that cater to small business including low rate merchant credit card processing.

Loan calculator

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American Prime Minister of Somali

American citizen of the Somalian origin, Mohamed Abdullahi Mohamed, was nominated the nations prime minister a few days ago by the president of the country. The new prime minister previously had a career as a Somali diplomat who served in Washington in 1985 - 1988.