Nonfiction » Business & Economics » Banks & banking

Understanding Basel III, What is Different After January 2014
Series: Understanding Basel III, Book 11. Price: $0.99 USD. Words: 78,630. Language: English. Published: January 28, 2014. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Corporate governance
Risk management and compliance: A game that you never get bored of... There are so many surprises and inconsistencies. I have spent considerable time trying to understand better the European EMIR (Regulation No 648/2012), and how it affects the implementation of the Basel III / CRD IV, Solvency II and the Dodd Frank Act. I am very surprised! EMIR is based on Basel 2 (no, not Basel 3).
Understanding Risk Management and Compliance, What is Different After Monday, January 27, 2014
Series: Understanding Risk Management and Compliance, Book 38. Price: $0.99 USD. Words: 33,620. Language: English. Published: January 24, 2014. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Corporate governance
Risk management and compliance: A game that you never get bored of... There are so many surprises and inconsistencies. I have spent considerable time trying to understand better the European EMIR (Regulation No 648/2012), and how it affects the implementation of the Basel III / CRD IV, Solvency II and the Dodd Frank Act. I am very surprised! EMIR is based on Basel 2 (no, not Basel 3) ...
Understanding Risk Management and Compliance, What is Different After Monday, January 20, 2014
Series: Understanding Risk Management and Compliance, Book 37. Price: $0.99 USD. Words: 37,990. Language: English. Published: January 20, 2014. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Training
I am a collector of national discretions. International banking standards always have the objective to develop a level playing field in a harmonized business and financial services environment. But ... The same countries that speak about harmonization, put in place "options" and "national discretions" to ... make a difference for these countries. Today we will discuss ...
Understanding Risk Management and Compliance, What is Different After Monday January 13, 2014
Series: Understanding Risk Management and Compliance, Book 36. Price: $0.99 USD. Words: 52,180. Language: English. Published: January 12, 2014. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Training
It is always interesting when Americans discuss European laws and regulations. This time, the U.S. Department of the Treasury's Federal Insurance Office (FIO) submitted to Congress a report on how to modernize and improve the system of insurance regulation in the United States. It covers some interesting parts of the Solvency II directive of the European Union: "Solvency II includes ...
Understanding Basel III, What is Different After December 2013
Series: Understanding Basel III, Book 10. Price: $0.99 USD. Words: 51,880. Language: English. Published: December 28, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Training
There are so many different opinions about the role of the leverage ratio after the crisis. In UK, The Chancellor of the Exchequer, George Osborne, has requested that the Financial Policy Committee conducts a review into the role for the leverage ratio within the capital framework for UK banks. The letters between the Chancellor and the Governor of the Bank of England ...
Understanding Risk Management and Compliance, What is Different After Monday, December 30, 2013
Series: Understanding Risk Management and Compliance, Book 35. Price: $0.99 USD. Words: 30,970. Language: English. Published: December 28, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Consulting
"It is noted that the three principles with the lowest reported compliance were: Principle 2 (data architecture/IT infrastructure), Principle 6 (adaptability) and Principle 3 (accuracy/integrity) Nearly half of banks reported material non- compliance on these principles. Indeed, many banks are facing difficulties in establishing strong data aggregation governance ...
Understanding Risk Management and Compliance, What is Different After Monday, December 23, 2013
Series: Understanding Risk Management and Compliance, Book 34. Price: $0.99 USD. Words: 29,160. Language: English. Published: December 20, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Training
How can you explain in New York that when market conditions or customer needs have changed, we have to adapt? You just say that. How can you explain the same thing in Hong Kong? "In the 1970s, a young couple decided that they should start their own business. They borrowed money from their parents and relatives to set up a small noodle shop ...
Understanding Risk Management and Compliance, What is Different After Monday, December 16, 2013
Series: Understanding Risk Management and Compliance, Book 33. Price: $0.99 USD. Words: 34,680. Language: English. Published: December 12, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Education and Study Guides » Training & certification
American Humor: "Firms have made good progress in better understanding the complexity of their own operations, including strengthening the overall management of organizational/legal structures, identifying all legal entities (and this was huge for some firms), and beginning the difficult task of identifying additional impediments to resolving a large internationally active firm." Black humor.
Understanding Risk Management and Compliance, What is different after Monday, December 2, 2013
Series: Understanding Risk Management and Compliance, Book 32. Price: $1.99 USD. Words: 33,060. Language: English. Published: December 2, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Training
Many risk and compliance management professionals must understand the new RAF. No, not the Royal Air Force (RAF) ... ... the Principles for An Effective Risk Appetite Framework (RAF), a key component of the Financial Stability Board's (FSB's) framework, endorsed by G20. Leaders, to reduce the moral hazard of systemically important financial institutions (SIFIs) and, surprise surprise ...
Understanding Basel III, What is Different After November 2013
Series: Understanding Basel III, Book 9. Price: $2.99 USD. Words: 91,300. Language: English. Published: November 23, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Training
What is Basel III super-equivalent? Using Basel III as an excuse and imposing requirements beyond what is required by Basel III (like stricter interpretations, national options and discretions, and front-running). We also call it "gold plating". What Governor Daniel K. Tarullo said: "The proposed LCR we review today is "super-equivalent" to the Basel Committee's LCR standard.
Understanding Sarbanes-Oxley, What is Different After November 2013
Series: Understanding Sarbanes-Oxley, Book 8. Price: $2.99 USD. Words: 33,730. Language: English. Published: November 23, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Corporate governance
Do you comply with the new COSO or the old one? Do you remember the speech? (Remarks at the 32nd Annual SEC and Financial Reporting Institute Conference Paul Beswick, Chief Accountant, Office of the Chief Accountant, U.S. Securities and Exchange Commission, Pasadena, California) Listed firms should consider the new COSO. As a matter of policy, the Securities and Exchange Commission ...
Understanding Risk Management and Compliance, What is Different After Monday, November 25, 2013
Series: Understanding Risk Management and Compliance, Book 31. Price: $1.99 USD. Words: 46,210. Language: English. Published: November 21, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Training
We have major developments in the European Union. 1. The European Central Bank (ECB) will be responsible for the supervision of all 6000 banks of the euro area! 2. A deal struck paves the way for the full introduction of the Solvency II regulatory regime by 2016! We will start with the first. Commissioner Barnier said: "We have written regulatory history. This is a momentous step.
Understanding Risk Management and Compliance, What is Different After Monday, November 18, 2013
Series: Understanding Risk Management and Compliance, Book 30. Price: $1.99 USD. Words: 26,940. Language: English. Published: November 13, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Corporate governance
November is the month of the global systemically important banks (G-SIBs). T.S. Eliot did not love November: "Since golden October declined into sombre November and the apples were gathered and stored, and the land became brown sharp points of death in a waste of water and mud." Supervisors try to avoid the "death in a waste of water and mud" by updating the list of SIBs and ...
Understanding Risk Management and Compliance, What is Different After Monday, November 11, 2013
Series: Understanding Risk Management and Compliance, Book 29. Price: $1.99 USD. Words: 50,690. Language: English. Published: November 6, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Consulting
What is Basel III super-equivalent? My definition: Using Basel III as an excuse and imposing requirements beyond what is required by Basel III (like stricter interpretations, national options and discretions, and front-running). We also call it "gold plating". What Governor Daniel K. Tarullo said: "The proposed LCR we review today is "super-equivalent" to the Basel Committee's LCR standard...
Understanding Risk Management and Compliance, What Is Different After Monday, November 4, 2013
Series: Understanding Risk Management and Compliance, Book 28. Price: $1.99 USD. Words: 48,890. Language: English. Published: November 1, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Consulting
What is the RTF-LST? It is the Workgroup on Liquidity Stress Testing of the Basel Committee's Research Task Force. We have an excellent paper on Liquidity Stress Testing! Read more at Number 2 below. I could not sleep tonight. I had the (really bad) idea to study some interesting parts of two "living wills" from two major banks. I am not sure this is going to work as expected.
Understanding Basel III, What is different after October 2013
Series: Understanding Basel III, Book 8. Price: $2.99 USD. Words: 57,600. Language: English. Published: October 25, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Consulting
I found this approach interesting: "The Basel III rules which provide that capital ratios have to be raised. Yet, in my opinion, extra rules cannot solve all of our problems. For every new rule will lead to creative solutions to evade that rule. By making new rules, we won't make bankers less greedy, nor will we make them more ethical. Instead of overregulating every detail ...
Understanding Sarbanes-Oxley, What is different after October 2013
Series: Understanding Sarbanes-Oxley, Book 7. Price: $2.99 USD. Words: 14,000. Language: English. Published: October 25, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Consulting
The Public Company Accounting Oversight Board adopted two attestation standards pertaining to audits of brokers and dealers that will help protect customer funds by enhancing the quality of compliance information provided to the Securities and Exchange Commission and used in its regulatory oversight of broker-dealers. The Board also adopted an auditing standard applicable when ...
Understanding Risk Management and Compliance, What is different after Monday, October 28, 2013
Series: Understanding Risk Management and Compliance, Book 27. Price: $1.99 USD. Words: 41,240. Language: English. Published: October 25, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Consulting
I have tried hard to understand the Basel III implementation and differences in China. I confess, I am surprised by the Chinese approach. It is very good. Of course, I had some difficulties as well: "Regulatory documents are coded with "Yin Jian Fa", "Yin Jian Tong", "Yin Jian Ban Fa", and "Yin Jian Ban Tong." This is from the Regulatory Consistency Assessment Programme (RCAP) ...
Understanding Risk Management and Compliance, What is different after Monday, October 21, 2013
Series: Understanding Risk Management and Compliance, Book 26. Price: $1.99 USD. Words: 47,800. Language: English. Published: October 16, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Career Guides » Business Management
Do you use "a suite of models" as part of your stress-testing framework? "It is reasonable to assume that any single model will almost certainly be wrong." The Bank of England says so. They will do the same: "The Bank expects to use a suite of models to do this, rather than rely on a single model. Why a suite of models? There are a number of benefits in using a suite of models as part ...
Understanding Risk Management and Compliance, What is different after Monday, October 14, 2013
Series: Understanding Risk Management and Compliance, Book 25. Price: $1.99 USD. Words: 39,230. Language: English. Published: October 9, 2013. Categories: Nonfiction » Business & Economics » Banks & banking, Nonfiction » Business & Economics » Corporate governance
Just when I thought I'd heard everything! "On the train to Hogwarts, Harry Potter and his friends often snack on Bertie Bott's Every Flavor Beans. Every mouthful is a surprise. Sometimes the beans are delicious: chocolate, marmalade, toffee. Other flavors are disgusting: tripe, rotten egg, sardine, grass. Prepaid cards are like that.