Review of regulatory framework

Ebook "International accounting and reporting issues: 2006 review" contains the proceedings of the twenty-third session of the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting. The two main agenda items the session dealt with were: a review of practical implementation issues of International Financial Reporting Standards; and comparability and relevance of existing indicators on corporate responsibility.

206p tuongnhuoclan 27-11-2023 8 5   Download

In particular, existing laws may require amendment and/or supplement. Moreover, the responsibilities of the environmental agency and nuclear regulatory body, in environmental oversight of NPPs will need to be legally defined in order to prevent overlapping of responsibilities and to minimize the potential for project delay.

10p vironald 15-12-2022 12 4   Download

The study reviews the country’s regulatory framework on consumer protection for financial inclusion regarding five potential problems (i) high prices, (ii) overindebtedness, (iii) post-contract exploitation, (iv) fraud, and (v) discrimination. The focuses will be on weaknesses of the framework and its effectiveness in protecting financial consumers, especially those at the base of the pyramid.

13p visteveballmer 06-11-2021 12 0   Download

This study, and the publication of this document, was funded under the auspices of the project “FMM/BGI/ARI under Blue Growth Initiative (BGI) in Support of Food Nutrition Security, Poverty Alleviation and Healthy Oceans [FMM/GLO/112/MUL Baby 4 (Blue Growth)].

71p nguyenminhlong19 26-04-2020 16 0   Download

Against this backdrop, this paper has three objectives. First, we review recent evidence on the establishment and evolution of large farms across regions. This illustrates that such units often emerged in response to policies or market failures related to availability of infrastructure, technology, and property rights.

36p thieubaotrang 23-04-2013 50 5   Download

The development of MiFID will strengthen ESMA’s role in product intervention. The proposals seek to strengthen investor protection through an even stronger framework for the provision of investment services to retail clients and possibly a more proactive approach from NCAs.

35p dangsuynghi 15-03-2013 61 6   Download

ESMA’s focus in 2013 in the investment funds area will be divided between the finalisation of the key elements of the Alternative Investment Fund Managers Directive (AIFMD) framework, leading up to the transposition deadline of July 2013, and work in the area of UCITS. This area will also be supplemented by activity with respect to the Regulations on Venture Capital (VC) and Social Entrepreneurship Funds (SEFs).

208p dangsuynghi 15-03-2013 57 10   Download

The AIFM Directive’s geographic impact will stretch beyond the EU; for example, due to the additional eligibility conditions for third-country AIF jurisdictions. Third-country jurisdictions wishing to ensure that their alternative funds can be actively marketed in the EU will need to carefully review their legal and regulatory framework in relation to AIFM supervision and be prepared to implement international cooperation arrangements for the purpose of systemic risk oversight and tax cooperation with relevant EU Member States.

12p lenh_hoi_xung 01-03-2013 58 8   Download

THIS BOOK IS about the relationship between judicial and administrative decision-making. Its aim is to set out a framework for thinking about the extent to which judicial review litigation influences administrative behaviour and is capable of securing compliance with the requirements of administrative law (as expounded through judicial review). This work has emerged from an empirical investigation of routine local government decision-making (administering English homelessness law).

206p phoebe75 20-02-2013 55 4   Download

The paper finds that the four major Australian banks have capital well about the regulatory requirements with high quality capital. While their headline capital ratios are below the global average for large banks in a sample of advanced and emerging market economies, Australia’s more conservative approach in implementing the Basel II framework implies that Australian banks’ headline capital ratios underestimate their capital strength. For example, a comparison with Canadian banks highlights the impact of Australia’s more conservative approach.

28p machuavo 19-01-2013 51 5   Download

A review of the regulatory framework can also provide some indication of the level of competition within a country’s banking system. Other things being equal, competition should be greater when regulatory barriers to entry and exit is low, encouraging new entrants. The regulatory framework for the EAC region, summarized in Table 1, suggests a relatively open regime with similar conditions of entry and prudential treatment for all types of banks across countries.

24p machuavo 19-01-2013 48 3   Download

In the UK, the financial regulatory framework under the UK Financial Services and Markets Act 2000 (FSMA) 10 requires banks and other authorised financial firms to establish internal systems of control, compliance, and reporting for senior management and other key personnel. Under FSMA, the Financial Services Authority (FSA) has the power to review and sanction banks and financial firms regarding the types of internal control and compliance systems they adopt.

36p machuavo 19-01-2013 54 3   Download

The issues reviewed in the Staff Report, as well as the study required by the Sarbanes-Oxley Act, are consistent with recent Commission initiatives to review the role of rating agencies in the U.S. securities markets and their regulatory treatment. 6 The Commission recognized that, in recent years, the importance of credit ratings to investors and other market participants had increased significantly, impacting an issuer’s access to and cost of capital, the structure of financial transactions, and the ability of fiduciaries and others to make particular investments.

72p enterroi 01-02-2013 77 6   Download

Given the extensive literature on risk premia in equity markets, relatively little is known about expected returns and risk premia in the corporate bond market. Recent empirical evidence by Elton et al. (2001) suggests that corporate bonds earn an expected excess return over default-free government bonds, even after correcting for the likelihood of default and tax differences. As shown by Elton et al. (2001), part of this expected excess return is due to the fact that changes in credit spreads (if no default occurs) are systematic, implying that the risk of these changes should be priced.

87p enter1cai 16-01-2013 70 3   Download

Despite expectations born a decade ago, there are only a few successes in stratified medicine up to now and its implementation proves to be challenging in many aspects. Numerous factors are considered in making decisions. Indeed the pharmaceutical sector becomes increasingly aware of the potential benefits of stratified medicine but it seems inhibited by uncertainties.

12p quynho77 14-11-2012 39 1   Download