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
Premium Economics Bank Financial crisis
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
Free Journalism Mass media Newspaper
tobacco regulation is more important than allowing states to set their own standards for tobacco regulation. Tobacco use has been proven to be an addictive carcinogen and therefore its regulation should be viewed as a natural rights issue because it threatens the health and safety of the individuals protected under the constitution of the united states. Tobacco use and regulation is a moral issue. Economic pressures would prevent states from mandating and upholding an unbiased regulation standard
Premium Tobacco Nicotine Government
Government‚ Regulation & Business Ethics The issue of business relations with government has increasingly become a key issue of business ethics. Some of the many questions raised are * Is it acceptable for corporations to use their considerable power tp shape government policy? * Is the government jeopardizing its role in protecting the public interest when politicians sit on the board of corporations? The government has a crucial role to play in establishing the ‘rules of the game’
Premium Government Ethics Business ethics
United States Army regulations are very important. Being a member of the United States Army is a job that must be done correctly by the men and woman who chose to answer the call of duty. These regulations must be followed by all personnel enlisted or officer. These regulations also must be followed by all branches of the army whether you are national guard‚ reserve‚ or active. These regulations are also very important even when you are still in training. If they are not followed it can greatly
Premium Military Soldier United States Army
Born after seeing the need of government intervention to regulate and enforce federal environmental laws‚ Richard Nixon signed the National environmental policy act on January 1‚ 1970. By the summer of 1970 Nixon submitted Reorganization Plan Number Three to Congress; this plan called for a single entity to govern the NEPA and thus the EPA came to be. The EPA inherited environmental charges that had been given to other agencies like the Department of Health‚ Education‚ and Welfare. The charges included
Premium Carbon dioxide Greenhouse gas Fossil fuel
Essay title: In what ways and to what effect did local government intervene to ameliorate the adverse effects of industrialisation on the populations of towns and cities? Towns and Cities in the nineteenth century grew extremely quickly as vast numbers of people congregated in urban environment’s which were created as a response to rapid industrialisation‚ this developed problems such as poor public health. The problems that became apparent had to be dealt with and this gave rise to local governments
Free City Urban area Town
OF] INSIDER TRADING) REGULATIONS‚ 1992 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act‚ 1992 (15 of 1992)‚ the Board‚ with the previous approval of the Central Government‚ hereby makes the following regulations‚ namely:— CHAPTER I PRELIMINARY Short title and commencement. 1. (1) These regulations may be called the Securities and Exchange Board of India (2[Prohibition of] Insider Trading) Regulations‚ 1992. (2) These regulations shall come into force
Premium Stock exchange Stock market Stock
Exam Number: Word Count: 1961 MSc in Finance & Management Programme 2012/2013 Financial Markets‚ Regulation and Ethics Term 2 Ethics in Finance This assessment is all my own work and conforms to the University’s regulations on plagiarism | | An identical copy of this document has been submitted to the Turnitin system | | Hoople Consultants has won a contract to provide engineering advice and support to a city in a developing country. The contract is funded by an international
Premium Bank Money Interest
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
Premium Banking Bank Fractional-reserve banking