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
Premium
M. Velas FUNCTIONS OF LEISURE Relation to Increased Production and Consumption The function of leisure is largely determined by the kind and amount of free time and by the ideas of the age. When spare time consists of short breaks between long periods of sustained labor‚ its function is thought of as recreation – relaxing the worker so that he can work more efficiency after the break. When the goals are efficiency of work‚ increased production‚ more power and more wealth‚ the function of leisure
Premium Chess
Administrative Law and Regulatory Agencies Legal Environment of Business (DEA) Drug Enforcement Agency The administrative agency we decided on was the Drug Enforcement Agency (DEA). It was created by President Richard Nixon in 1973 through an Executive Order to establish unified command to combat. It was formed to regulate and put a stop to drug trafficking. It has nearly 5‚000 Special Agents and a budget of $2.02 billion per year. Also‚ a few more reasons on why it is formed: Manage
Premium Drug addiction Law United States
effect when nine African American students were chosen to desegregate Central High in Little Rock. How did the Little Rock Nine affect America? Sanford Wexler stated in The Civil Rights Movement: An Eyewitness History‚” its “effect would ripple across the nation and influence the growing Civil Rights Movement;” in addition‚ the Little Rock crisis forced the federal government to come down on state government in order to protect the rights of African Americans. In September 1957‚ nine African American
Premium Dwight D. Eisenhower Lyndon B. Johnson Little Rock Nine
Patricia A. Eck 10/21/12 Response to “Nine Ten” In reaction to the one act play “Nine Ten” written by Warren Leight. The research I have done and the evidence found in the play proves that this was written about the day before the events of nine eleven in two thousand and one. This play is about jurors complaining of how bad things were when they were called for jury duty and how a couple characters were going to try to get out of jury duty. At the end‚ a Court Officer won’t listen to their
Premium Jury Law
regulatory framework that financial advisers must consider‚ and by which they must abide There are a number of regulators in which financial advisers must consider and abide to ensure that clients and their assets are protected‚ and can confidently depend on a financial adviser in planning their retirement. The core of the regulatory environment within which financial advisers must consider is the Corporations Act along with the Financial Services Reform Act‚ and the Financial Planning Association’s
Premium Finance Economics Financial services
Regulatory Agency Paper Christy Dockery HCS/430 April 20‚ 2011 Reginald Bernard Regulatory Agency Paper Every healthcare organization should provide proof of accreditation. Accreditation assures any healthcare organization that the standards have been met and maintained. Joint Commission on The Accreditation of Healthcare Organizations (JCAHO) provides accreditation. JCAHO evaluates healthcare organizations that voluntary seek accreditation. JCAHO is made of individuals from the private
Premium Health care Health care provider Hospital
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
Free Law Separation of powers
been an important factor in the writing of Nine Parts of Desire: The Hidden World of Islamic Women. New York Times reports that “She wanted to avoid the many judgments and assumptions‚ but add a valid account of the women in the Muslim world.” “Nine Parts of Desire is the story of Brooks’ intrepid journey toward an understanding of the women behind the veils‚ and of often contradictory political‚ religious‚ and cultural forces that shape their lives” (Nine Parts of Desire Summary). I conclude that
Premium Islam Muhammad Muslim world
Nine Dragons Paper - 2009 How does Mrs Cheung think? What does she believe in when it comes to building her business? It is interesting to read how NPD gained its’ success through the waste or trash of the United States and Europe. I think this is right in line with how Mrs Cheung thinks; she wants to be ahead of all her competitors and gain every competitive advantage possible. By utilizing the paper waste of higher quality products in the US and Europe‚ she was able to bring this quality
Premium Stock market Stock Finance