Define regulatory arbitrage. Briefly discuss the new capital buffer requirements proposed under Basel 3. Regulatory Arbitrage This is a practice whereby firms capitalize on loopholes in regulatory systems in order to circumvent unfavourable/unprofitable regulation. Arbitrage opportunities may be accomplished by a variety of tactics‚ including restructuring transactions‚ financial engineering and geographic relocation. For example‚ a company may relocate its headquarters to a country with lower tax rules and favourable regulatory policies to
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REGULATORY BODIES OF INDIA Financial Stability and Development council: The idea was first mooted in a committee headed by Raghuram Rajan in 1998. It is an apex regulatory body constituted by Government of India. It is an initiative to be better prepared for any future economic meltdown by regulating the economic assets. The aim of the body is to provide a stable financial sector development and inter-regulatory coordination. The body consists of: Chairperson: The Union Finance Minister of
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Code of Ethics Paper Michele Frizzell‚ Cathy York‚ Catina Coss‚ Roxanna Armstrong HCS/335 September 29‚ 2014 Dina Alsalih Code of Ethics Paper An organization’s mission statement is a written declaration of its core purpose and focus‚ which remains unchanged over time. When properly crafted‚ a mission statement will serve as a filter of what is important and what is not. Which market the organization intends to serve and how‚ as well as the envisioned direction of the entire organization ("Businessdictionary
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Introduction to the regulatory environment in India The regulatory environment also known as Legal Aspects of Business‚ Business law‚ Commercial Law‚ Mercantile law is a subject which provides an element of limitation to all the business strategies regulated through different statutory provisions and rules. It not only emphasizes on substantive law but also on procedures and compliances thereby prepares the students of Business for the legal environment they would eventually face in the corporate
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THE AGENCY FOR ACCREDITATION The accreditation of curricular programs in the Philippines‚ particularly for state universities and colleges‚ is the main function of the Accrediting Agency of Chartered Colleges and Universities in the Philippines (AACCUP)‚ Inc. Organized in 1987‚ though officially registered and recognized under the Securities and Exchange Commission (SEC) on September 4‚ 1989‚ it is the youngest of the four (4) accrediting agencies in the country until late 2003. Under its charter
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Communication Opinion Paper HCS-320 April 2‚ 2013 Communication Opinion Paper Communication is so much more than just telling someone something‚ to truly communicate you need to get your idea across as well as receive the message that who you are talking to is putting out. “Communication is something defined as the process of sending and receiving messages” (Thomas. C‚ Communication Concepts‚2010) There are so many different ways to communicate with someone or something such as verbal‚ written
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Training and Development Paper Axia College of the University of Phoenix HCS/341 Training and development is essential to the continuing an effective health care organization. Within any organization‚ the understanding that proper time that is invested in their employees training and developing will contribute to its success of the best patient care and profiting in revenue. Health care organizations want their employees to have up-to-date skills and be knowledge of the organizations
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Organizational Design HCS/514 12/23/20 Instructor: Kendra Slatton Organizational Design “EHR and EMR systems are critical enablers of the quality‚ process‚ and innovation demands of the current healthcare spectrum. The ability for healthcare workers to deliver excellent patient outcomes and maximum quality of life” (HealthIT.gov‚ 2013‚ para. 1) are essential in today’s health care industry. PrimeConnect allows health care
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QUESTION: Explain what agency of necessity is and how it may arise. AUTHOR: KATALILO JOY INTRODUCTION This paper will explain what agency of necessity is and how this agency arises. Agency is the work done by an agent. An agent is a person that has a contractual obligation with a principal to bind the principal to a third party without the agent being party to the contract. The contract then becomes one between the principal and the third party. In lay terms‚ imagine parties A‚ B and
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Communication Crisis Paper HCS/320 Patricia Tram January 2‚ 2015 Jamikka Waremercer A crisis is an event in which it is looked upon as leading to a dangerous unstable situation. These events can affect individuals‚ communities‚ it even can affect the nation depending on how severe it is. When people are in a crisis situation they tend to forget their normal coping measures. When people train on crisis situations they tend to do better in these type of events. Dynamics differs in times
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