Lecture 11: Handout The Regulation of Banks Date: 28 April 2004 Module: International Banking Why Regulate Banks? Banks are intermediaries between money suppliers and those who need money. Commercial banks are most heavily regulated financial institutions. Five main reasons for regulation: I. The first is to ensure the safety and soundness of banks. The purpose is to maintain I) domestic and II) international confidence‚ III) protect depositors and ultimately taxpayers
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strict liability for some criminal offences? Strict liability offences are offences which do not require proof of mens rea. This means that the prosecution only needs to prove that the defendant voluntarily committed a forbidden act without considering if the defendant had the intention. Strict liability is contained in statutes or statutory instruments‚ and occasionally found in common law. Common law offences of strict liability include criminal libel and blasphemous libel. Also liability is rarely
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Professional Values and Ethics Paper Learning Team A Gen/200 February 22‚ 2010 Ramona White Professional Values and Ethics
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integrity of the securities markets" (The Treasury‚ 2006). As a consequence a number of countries have reviewed their arrangements for independent oversight of the auditing profession. The United States‚ for example‚ has introduced tough external audit regulation under the Sarbanes-Oxley Act of 2002. Canada has also introduced a regulator with extensive powers‚ including a national inspections unit as independent monitor of major audits‚ while the British and Australian solutions are based mainly on oversight
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ARTICLE #19 Vicarious Liability: What Is It and How Does It Apply? From Coverys Risk Management (Tracy L. Melina‚ BS‚ MBA‚ CPHRM) In healthcare‚ there are two main categories of liability: primary and secondary. And while most physicians and other clinicians are constantly aware of how their own actions and decisions affect risk and safety‚ it’s easy to forget about the type of secondary liability known as “vicarious liability” because this type of liability applies when adverse outcomes result
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Army Regulation 735–5 Property Accountability Policies and Procedures for Property Accountability Headquarters Department of the Army Washington‚ DC 10 June 2002 UNCLASSIFIED SUMMARY of CHANGE AR 735–5 Policies and Procedures for Property Accountability This revision-o Changes the term "sensitive items" to "controlled inventory item" (paras 1429a(2) and 14-29a(4)(a)). Changes the dollar value of discrepancies that are not reported on inventory adjustment reports (IARs) from $50.00
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Subject: Negligence Liability of Accountants ______________________________________________________________________ Facts By law‚ accountants may be responsible for customers that hire them in various legal theories‚ including contract‚ fraud and negligence. Accountant malpractice happened when he or she violates the duty of reasonable care‚ knowledge‚ skills and judgment that he or she is due to a client or to the laws to provide auditing and other services. South Asset Management Co hired
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Examining Government Regulations Child Abuse In this paper I will be covering some government regulations concerning child abuse and foster care. More specifically I will be talking about the Child Abuse and Prevention Act (CAPTA)‚ Adoption and Safe Families Act (ASFA) and the Victims of Child Abuse Act (VOCAA). I will also discuss the possible obstacles of these regulations in the health and human services field. 2 Child abuse in the United States happens every minute of every
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The American dream for me is to become a community pharmacist. Pharmacist comes from the word pharmacology which is the study of drugs/medicine in the human system. A pharmacist is a role in the medical industry who subscribes and provides medicine/drugs to patients. They are responsible for checking if the drugs/medicine is suitable and top quality for the patients. I am aspired to become a pharmacist so‚ I must take two years of college or more if desired to complete pre-requisites. Afterwards
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The Committee of Pharmacy Students’ Union of Thailand’s (PSUT) at Mahidol University SPECIAL TRAINING COURSES : 2010 Hospital Pharmacy Professional Practice at Ramathibodil Hospital 2010 Industrial Factory Pharmacy Practice at Chemephand Medical 2010. Drug Store Professional Practice at Amorn Pharmacy OTHER
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