Ninth Symposium on Building the Financial System of the 21st Century China Development Reform Foundation Harvard Program on International Financial Systems Beijing‚ China‚ September 14-16‚ 2012 Topic 2: Financial Regulation and Financial Innovation Panel Remarks By Andrew Sheng 1 President Fung Global Institute I am very honoured to be invited by Lu Mai and Hal Scott to join for my first time‚ the US-China Symposium on Building the Financial System of the 21st century‚ a subject of a major research
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demerits of self-regulation. Relevant examples will be cited that illustrate the points raised. Appropriate definitions of the key words will also be provided. The terms that will be defined are regulation‚ self-regulation‚ demerits and merits. The cases that have been taken up by the Voluntary Media Council of Zimabawe will be included at the end of the discussion. What is regulation? The first explanation is from Ogus (1994) who quotes Selznick (1985) as saying that “Regulation‚ is “sustained
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FRATERNIZATION Article 134 of the Uniform Code of Military Justice; Fraternization ; U.S. NAVY REGULATIONS 1165 establishes a guideline for the behaviors Navy and Marine Corps officers and can only be used against officers‚ to be more specific‚ Article 134 prohibits what would be perceived as an “unprofessional relationship” between an officer and enlisted member. It was created to set a form of appropriate boundaries necessary needed to maintain good order and discipline. Inappropriate relationships
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Securities Regulation – Spring 2012 (Rose) Outline Class 1 Slides Federal Securities Regulation Seeks to: 1. Increase the amount of information available to investors about issuers through mandatory disclosure rules; and 2. To deter fraud (so the information disclosed is credible). Ultimate Goal: The accurate pricing of securities‚ which is essential to a well-functioning economy. How Securities Differ Importance of capital markets to society Importance of investment decisions
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Computer Lab Rules & Regulations Electronic workstations may only be used by current Swinburne University students and staffs. Swinburne identity card must be presented on request. Swinburne computing facilities should only be used for educational‚ research and administrative purposes of Swinburne. All other uses are strictly prohibited. The following rules and terms apply to all computers on campus. Terms and Conditions 1. All users must abide by the license requirements of any software
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Week 1 - Nature & Regulation of Companies & Company Operations Legal nature of company Separate legal identity‚ distinct from owners Companies act through ‘agents’. eg. shareholders elect board of directors to act on their behalf Public Company (Ltd.) Limited liability of owners • Raises funds from public Types of companies Private Company (Pty. Ltd.) • • • • • • • • • Regulation of companies Corporations Law: Companies must keep proper accounting records; prepare yearly & half-yearly FS;
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and other federal agencies to create and enforce regulations on implementing laws. According to the EPA on creating a regulation; the steps in implementing a regulation in the EPA starts off from an issue; which then the EPA considers comments upon the issue from consumers to determine a final ruling. The consumers of the EPA are interest groups that help shape and comment on laws that can be configured into an appropriate policy. Once a regulation is completed‚ it is written in the Federal Register
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Banking Regulation Financial regulation relates to laws and rules that govern what financial institutions such as banks‚ brokers and investment companies can do. These may be set though legislation or be stipulated by the relevant regulatory agency‚ for instance the FSA in the UK . Regulation is needed to ensure consumer’s confidence in the financial sector . It does this by providing smaller retail clients with protection against potential losses and by protecting consumers against monopolistic
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Century‚ where the influence of British institutions was a key driving force. The end of that period was marked by the 1890s depression which saw a major rationalisation of Australia’s financial institutions. The start of the modern era of financial regulation can be traced back to the introduction of banking legislation in 1945 and the establishment of Australia’s first central bank. In more recent times‚ Australia has seen two major waves of financial reform. The first wave‚ in the1970s and 1980s
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Internet Paper #2 Human Resources Laws & Regulations HR590 – July 2007 INTRODUCTION There are many different functions and roles of law in the business society. When describing employment law‚ there is a broad area that governs how employers interact with their employees‚ former employees and applicants for employment. These laws and regulations are not meant to be described in a short paper. They are detailed laws that require application to an employee’s specific situation and should
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