VaR‚ Stressed VaR‚ and Expected Shortfall Jim Chen* This note summarizes the measurement of market risk in the trading book under the most recent accords of the Basel Committee on Banking Regulation‚ known as Basel II‚ 2.5‚ and III. Each of these three accords on global banking regulation has embraced a different primary measure of market risk: traditional value-at-risk (VaR)‚ stressed VaR‚ and expected shortfall. After introducing the mathematics of VaR and expected shortfall‚ this note will
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Within my assignment I will cover the key issues surrounding Equality and Diversity and will also cover the professional principles underpinning practice in work with children and young people. I will cover the key issues surrounding equality and diversity; firstly what does equality and diversity mean? Equality is to create a more equal and fair society; to give people the chance of an equal opportunity. (The Univesity of Edinburugh‚ 2013) Making sure children aren’t victim to prejudice and everyone
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1. What is meant by diversity? Diversity means that people are different and varied from each other. 2. Describe the community you live in. Highlight some of the variations you may observe in terms of: Interests Beliefs Ages Lifestyles Personal‚ social and cultural identities. The community I live and work with is all sorts of people‚ from young 18 y/o up to them in their late 70’s. They all come from different ethnic background which means they all have different believes‚ lifestyles
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Unit 203 Outcome 1: understand the importance of equality and inclusion 1.1 explain what is meant by: * diversity * equality * inclusion * discrimination DIVERSITY means difference. When it is used together with EQUALITY it means recognizing both individual and group differences‚ it means treating everyone as an individual and giving value to each and every person. Diversity means allowing people to be different and respecting these differences. In care industry the carer
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Equality and Diversity What is meant by? Diversity Equality Inclusion Discrimination Diversity Diversity means that there are many different variations of things such as different beliefs‚ cultures ways of living and that everybody is different and we are all unique. Everybody has different likes‚ dislikes and this is why we should all respect each other’s wishes and choices and basic human rights. Equality Equality is treating everyone as equals regardless of their race‚ gender
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Unit two: Explore prejudice and discrimination Name: Assessment 1. Define the terms ‘stereotyping’ and ‘labelling’. Stereotyping: This means to categorise a group of people based on certain characteristics or behaviour. For example‚ calling all people who wear black clothing a ‘Goth’. A stereotype is often just a general assumption. Labelling: This means to place a label on someone which will place them in a certain category. This can often have negative effects on people. If they have been
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FEMINISM‚ GENDER EQUALITY AND THE HYPOCRISY OF IT ALL. Let me first state that I expect to be condemned and hung on a stake like our Lord Jesus Christ was by those he chose to save. And like him‚ I am fully prepared for the battering that will come with this write up. It amuses me and burdens my heart when I see educated women‚ so called “feminist advocates” come forward to misinform their womenfolk‚ display nothing but sheer confusionist and distractionary tendencies on national TV‚ newspapers
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CU1683 1.2 Younger people with dementia diagnoses may still be employed have children and a family and it can be a lot more distressing for them when diagnosed than someone who is older‚ they have a better awareness of what is coming and what is going to happen‚ and older person may not realise they have dementia at first‚ and out it down to Age‚ and by the time they are diagnosed they have had it for some time so the trauma is not so severe and they don’t have dependents to worry about‚ so
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What is Cultural Diversity? What is cultural diversity? Diversity is nothing more than a difference from the majority. In any culture there is a majority and many minorities. Culture is a set of norms that set standards for a society of what is acceptable behavior. In every culture there are basic standards for social interaction such as personal space distance‚ eye contact‚ amount of body language displayed in public‚ negotiating style‚ etc. In America‚ we stand about eighteen inches apart when
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inclusive practices. First of all is important to define what is meant by inclusion and inclusive practice. Inclusive practice is a process of identifying‚ understanding and breaking down barriers that compromise the children participation in their educational process‚ in their feeling of belonging and in their wellbeing in the school. Inclusion is about ensuring that all children‚ with or without disability and no matter their background‚ are able to participate in all education aspects in school
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