Define regulatory arbitrage. Briefly discuss the new capital buffer requirements proposed under Basel 3. Regulatory Arbitrage This is a practice whereby firms capitalize on loopholes in regulatory systems in order to circumvent unfavourable/unprofitable regulation. Arbitrage opportunities may be accomplished by a variety of tactics‚ including restructuring transactions‚ financial engineering and geographic relocation. For example‚ a company may relocate its headquarters to a country with lower tax rules and favourable regulatory policies to
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REGULATORY BODIES OF INDIA Financial Stability and Development council: The idea was first mooted in a committee headed by Raghuram Rajan in 1998. It is an apex regulatory body constituted by Government of India. It is an initiative to be better prepared for any future economic meltdown by regulating the economic assets. The aim of the body is to provide a stable financial sector development and inter-regulatory coordination. The body consists of: Chairperson: The Union Finance Minister of
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Administrative Law and Regulatory Agencies Legal Environment of Business (DEA) Drug Enforcement Agency The administrative agency we decided on was the Drug Enforcement Agency (DEA). It was created by President Richard Nixon in 1973 through an Executive Order to establish unified command to combat. It was formed to regulate and put a stop to drug trafficking. It has nearly 5‚000 Special Agents and a budget of $2.02 billion per year. Also‚ a few more reasons on why it is formed: Manage
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regulatory framework that financial advisers must consider‚ and by which they must abide There are a number of regulators in which financial advisers must consider and abide to ensure that clients and their assets are protected‚ and can confidently depend on a financial adviser in planning their retirement. The core of the regulatory environment within which financial advisers must consider is the Corporations Act along with the Financial Services Reform Act‚ and the Financial Planning Association’s
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Introduction to the regulatory environment in India The regulatory environment also known as Legal Aspects of Business‚ Business law‚ Commercial Law‚ Mercantile law is a subject which provides an element of limitation to all the business strategies regulated through different statutory provisions and rules. It not only emphasizes on substantive law but also on procedures and compliances thereby prepares the students of Business for the legal environment they would eventually face in the corporate
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LEGAL‚ SAFETY‚ AND REGULATORY REQUIREMENTS 1 Legal‚ Safety‚ and Regulatory Requirements Tara Thompson HCS/341 October 1‚ 2012 Norman Greene LEGAL‚ SAFETY‚ AND REGULATORY REQUIREMENTS 2 According to Peterson‚ (2012)‚ “The Human Resource Department is responsible for compliance of a multitude of employment- and workplace- related laws. Human resource managers are also responsible for
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Legal‚ Safety‚ and Regulatory Requirements Brandy Smith University of Phoenix HCS/341 LEGAL‚ SAFETY‚ AND REGULATORY REQUIREMENTS Businesses and organizations across the globe rely on their Human Resource Department to train‚ educate‚ and enforce legal‚ safety‚ and regulatory requirements. In the healthcare field‚ these aspects are pertinent to the success of a company. Many legal issues surround patient care and the facilities that provide patient care. The legal issues are also entwined
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Legal‚ Safety‚ and Regulatory Requirements Alana Holiday HCS/341 April 22‚ 2013 Colin Smith Legal‚ Safety‚ and Regulatory Requirements In this paper I will examine the effect of legal‚ safety‚ and regulatory requirements on the human resource process as they relate to the following‚ common sense and compassion in the workplace has been replaced by litigation. I will also explain why I agree or disagree with the above statement. I will focus on employee-related regulations established by the
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To what extent was socialism involved in the Meiji Restoration? The Meiji Restoration was one of the fastest and most effective political‚ social and economic overhauls of an entire country. In merely one generation Japan as a country unified and became one of the most powerful countries in the world. Yet were the changes fundamentally socialist or just incorporated aspects of socialism? When viewing it at as a whole‚ the Meiji Restoration did exhibit ideas from the majorly state socialism but
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AY2014-15 Term 2 CASE ASSIGNMENT 1 (Newell Company) 12th March 2015 MGMT 102 – Strategy (G8) Instructor: Assistant Professor Abhijith G. ACHARYA Done by: Tan Tuan Qi S9132306J Q1. Newell is a company with a successful corporate-level strategy of using horizontal integration through acquiring companies that fit its criteria for acquisition in order to achieve synergy through economies of scope. Such companies manufacture hardware and do-it-yourself products that are low-technology‚ non-seasonal
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