Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    Understanding Risk Management and Compliance, What is different after Monday, September 9, 2013
    Unavailable
    Understanding Risk Management and Compliance, What is different after Monday, September 9, 2013
    Unavailable
    Understanding Risk Management and Compliance, What is different after Monday, September 9, 2013
    Ebook327 pages3 hours

    Understanding Risk Management and Compliance, What is different after Monday, September 9, 2013

    By George Lekatis

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    This is an interesting graph that illustrates the degree and significance of interconnectedness among the market participants in Luxemburg.

    Look at the linkages between the banking sector and investment funds at Number 4 below.

    The application of network analysis techniques enables linkages between different sectoral components to become visible; thus highlighting potential channels of contagion.

    From this analysis appears that the factors of vulnerability that could have an impact on the stability of the financial system in Luxembourg arise from external financial conditions rather than domestic.

    Read more at Number 4 below.

    Another issue:

    The shadow banking system can be broadly defined as the system of credit intermediation that involves entities and activities outside the regular banking system.

    Today we have an interesting speech by Dr. Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank (at the Salzburg Global Seminar "Out of the shadows: should non-banking financial institutions be regulated?").

    "With the global implementation of Basel III capital and liquidity requirements for the banking sector, there are increasing incentives to shift risky activities to shadow banking entities, where regulation is less stringent.

    However, such regulatory arbitrage poses risks to the stability of the entire financial system.

    To effectively regulate the direct ownership links between banks and shadow banking institutions, the scope of regulatory consolidation needs to be internationally harmonised.

    Also, minority participations of banks, such as investments in the equity of funds belonging to the shadow banking system, require an internationally consistent, risk-sensitive application of Basel capital standards."
    Read more at Number 10 below.

    Welcome to the Top 10 list.

    LanguageEnglish
    PublisherGeorge Lekatis
    Release dateSep 4, 2013
    ISBN9781301812233
    Unavailable
    Understanding Risk Management and Compliance, What is different after Monday, September 9, 2013
    Author

    George Lekatis

    George Lekatis is the General Manager of Compliance LLC, a leading provider of risk and compliance training and executive coaching in 36 countries.

    Related to Understanding Risk Management and Compliance, What is different after Monday, September 9, 2013

    Related ebooks

    Business For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      “Misstating The Facts As You Know Them On Legal Documents Is A Whole Other World Of Pain”

      Apr 6, 2023

      At the beginning of this year, Bloomberg reported that a “Class-Action Wave Is Coming” (pcpro.link/344bloom). The article called out the rise in environment, social and governance-related cases, citing the hardening of corporate disclosure requiremen

      5 min read

    • Article

      Find the Best Robo Adviser for You

      Dec 23, 2020

      As befits a rapidly growing, innovative industry, robo advisers are changing quickly. At a basic level, these automated investment advice services have similarities. Investors answer questions about their time horizon, risk tolerance and financial go

      10 min read

    • Article

      Prosecuting The Decision Makers

      Oct 24, 2021

      Prosecuting The Decision Makers
      3 min read

    • Article

      A Strong Foundation

      May 13, 2019

      A Strong Foundation
      2 min read

    • Article

      Focus On People, Not Just Profit

      May 8, 2019

      Whoever said some things cannot be measured has clearly never met an actuary. The Actuaries Institute has produced a report suggesting there is a way to avoid another royal commission into financial misconduct. The premise is simple. The board of any

      2 min read

    • Article

      How We Can Prevent Another Financial Crisis

      Mar 25, 2018

      Current banking regulations need to change to prevent a repeat of the 2007-2009 financial crisis, a new paper reports. Anjan Thakor, professor of finance at Olin Business School at Washington University in St. Louis, argues that two issues must be ad

      3 min read

    • Article

      A Global Gauge To Set The World Aright

      May 23, 2022

      The first five months of 2022 have provided vivid illustrations of how the world’s problems have become even more interconnected. The war in Ukraine has exacerbated the effects of climate change on food insecurity in Africa and Asia, and its impact o

      2 min read

    • Article

      How to Find a Financial Planner You Trust

      Jun 5, 2020

      The coronavirus pandemic touched off increased demand for toilet paper, Clorox wipes, at-home hair coloring kits--and financial advice. A recent survey by the Certified Financial Planner Board of Standards found that nearly 80% of CFPs had seen an up

      7 min read

    • Article

      Priorities For A New Year

      Dec 19, 2021

      Priorities For A New Year
      4 min read

    • Article

      The Second Renaissance Of Finance

      Oct 18, 2019

      for much of the last five centuries, the core functions of banks have changed little. Their primary role as financial intermediary between a saver who deposits money and a borrower who receives a loan has remained. This exchange facility lowered tran

      3 min read

    • Article

      What You Need to Know About the Shadow Banking System Now

      Jun 21, 2019

      The term "shadow banking" often elicits thoughts of shady back-alley dealings and loan sharks waiting to take drastic measures against debtors who can't pay. While that makes for an interesting story, it couldn't be further from the truth. Most cons

      6 min read

    Reviews for Understanding Risk Management and Compliance, What is different after Monday, September 9, 2013

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words