Business Credit Magazine January 2014 | Page 3

ue! J A N UA RY 2014 Vol . 116 , N o. 1 D N AT I O N A L A S S O C I AT I O N O F C R E D I T M A N A G E M E N T FEATURE B 18  igger Fish to Fry: Credit Professionals Overlook Political Turmoil as New Concerns Come to the Fore in 2014 Jacob Barron, CICP 38  gnorance is Not Bliss: I “We Didn’t Know” No Longer Acceptable in Fight against Trade-Based Money Laundering Brian Shappell, CBA, CICP SELECTED TOPIC 28-33 I N T H I S I SSUE 4 Service Profile: Meet Your 2014 National Chairman, Chris Myers 6 Association News 16  014 NACM-National 2 Board of Directors 22  ember Profile: 2013 M Instructor of the Year Doug Darrington, CCE 24  idwest Credit M Conference Recap 25  estern Region Credit W Conference Recap 8 Sparks Continue to Fly: Electricity is Not a Good and is Ineligible for Section 503(b)(9) Priority Status and Other Shocking Developments Bruce Nathan, Esq., Michael Etkin, Esq. and David Banker, Esq. 14  ffordable Care Act Impact A on Credit Professionals Not yet Written Brian Shappell, CBA, CICP 26  erman Coalition Agreement G Paves Way to Compromise on Banking Union 18 Dr. Florian Otto 34 Currency Outlook for 2014 Maarten Spek 42  ust Too Early: Surcharging J is Bound to Be a Hot Topic in 2014, but the B2B World Isn’t Consumer Retail, and the Sector Just Might Not Be Ready Yet Jacob Barron, CICP 48 Wyoming Lien Law Basics Jason Robinson, Esq. 36 Member News 46 New Designees 50 Credit Managers’ Index 51 2014 Calendar of Events 38