In political systems based on the principle of separation of powers, authority is distributed among several branches (executive, legislative, judicial) — an attempt to prevent the concentration of power in the hands of a small group of people. In such a system, the executive does not pass laws (the role of the legislature) or interpret them (the role of the judiciary). Instead, the executive enforces the law as written by the legislature and interpreted by the judiciary. The executive can be the source of certain types of law, such as a decree or executive order. Executive bureaucracies are commonly the source of regulations.
In the Westminster political system, the principle of separation of powers in not as entrenched. Members of the executive, called ministers, are also members of the legislature, and hence play an important part in both the writing and enforcing of law.
An executive officer (often abbreviated XO) is generally a person responsible for running an organization, although the exact nature of the role varies depending on the organization.
While there is no clear line between executive or principal and inferior officers, principal officers are high-level officials in the executive branch of U.S. government such as department heads of independent agencies. In Humphrey's Executor v. United States, 295 U.S. 602 (1935), the Court distinguished between executive officers and quasi-legislative or quasi-judicial officers by stating that the former serve at the pleasure of the president and may be removed at his discretion. The latter may be removed only with procedures consistent with statutory conditions enacted by Congress. The decision by the Court was that the Federal Trade Commission was a quasi-legislative body because of other powers it had, and therefore the president could not fire an FTC member for political reasons. Congress can’t retain removal power over officials with executive function (Bowsher v. Synar). However, statutes can restrict removal if not purely executive (Humphrey’s executor), but can't restrict removal of purely executive officer (Myers v. United States, 272 U.S. 52 (1926)). The standard is whether restriction "impedes the president’s ability to perform his constitutional duty" (Morrison v. Olson, 487 U.S. 654 (1988)).
Permanently settled for around 2000 years, Zürich has a history that goes back to its founding by the Romans, who, in 15 BC, called it Turicum. However, early settlements have been found dating back more than 6400 years ago. During the Middle Ages Zürich gained the independent and privileged status of imperial immediacy and, in 1519, became a primary centre of the Protestant Reformation in Europe under the leadership of Ulrich Zwingli.
A Dassault Falcon 7X... And just 10 days after that trip, Horta-Os�rio accompanied a senior executive on a flight from Singapore to Zurich, according to flight records seen by the FT ... Dan Kitwood / Getty ... The FT reported that Credit Suisse planned to sell its jet before being rescued by UBS earlier this year, but UBS executives pushed through the sale.
Wednesday 29 November, 2023 ... This event promises to unite senior executives, and more than 20 keynote speakers from leading insurers, including Lloyd’s, AXA, Aviva, Zurich, Liberty, Generali, NFU Mutual, and Trygg, will deliver insights through showcase demonstrations, informative panel discussions, talks, and networking opportunities.
ZURICH, Nov 16 (Reuters) - UBS (UBSG.S) chief executive Sergio Ermotti voiced optimism on Thursday that the Swiss bank will be able to attract some of the assets that have left Credit Suisse, its former rival it has taken over earlier this year ...
WHITEHOUSE STATION, N.J., Nov. 10, 2023 /PRNewswire/ -- Fifty-two teams of insurance agents, brokers, and clients, from across the U.S. and Canada, competed Nov ... – will be awarded $55,000 ... About Chubb ... Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide ... ....
Seventh time Combined named "Best For Vets" employer. CHICAGO, Nov ... #1 Military Friendly� Employer ... Jobs��and Military Spouse� magazines ... Jobs� and Military Spouse�. "Best for Vets" Employer ... military personnel ... Best ... Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide.
LONDON/ZURICH, Nov 7 (Reuters) - UBSGroup (UBSG.S) chief executive Sergio Ermotti said it will take months before Switzerland adopts new banking rules to help prevent bank runs and that he did not expect them to put the country at a disadvantage compared to other jurisdictions ... Our Standards. The Thomson ReutersTrust Principles ... , opens new tab ... ....
Kotak Mahindra BankChiefExecutive Dipak Gupta said its distribution channels in the country and Zurich's global capabilities have potential to create a transformational impact for the insurance business.