Download or read book The evaluation of financial risk profile of the companies and the mandatory disclosure on Liquidity and Credit Risk written by Olga Cucaro and published by Olga Maria stefania Cucaro. This book was released on 2020-10-18 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE EVALUATION OF FINANCIAL RISK PROFILE OF THE COMPANIES AND THE MANDATORY DISCLOSURE ON LIQUIDITY AND CREDIT RISK is a work born from a careful study of the evolution of the Italian and European legislation on the subject of financial risk communication and in particular of IFRS 7, Finacial Instruments: Disclosure. Thanks to this international accounting standard, Italian listed companies have included a greater number of disclosures on financial risks in their financial statements, but while there is no doubt the quantitative increase in information, the qualitative value of this communication is doubtful. In this regard, the study analyzes the usefulness of the disclosure introduced by IFRS 7 for financial analysts. The choice of analysts is a natural choice due to the importance they hold as intermediaries in the communication channel between companies and the market.
Download or read book International Convergence of Capital Measurement and Capital Standards written by and published by Lulu.com. This book was released on 2004 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Technological Evolution and Financial Markets written by Olga Maria Stefania Cucaro and published by Olga Maria stefania Cucaro. This book was released on 2023-12-31 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the arrival of the pandemic, digitalisation underwent a strong increase which led to an acceleration of technological evolution. Companies working in the financial markets have also adopted new technologies, among which particular note deserves artificial intelligence which processes enormous quantities of data in a very short time with various methodologies, including neural networks and machine learning. These new technologies allow in particular the detection of anomalous data. These models finally applied to new data predict what will happen with high accuracy, leading users to make informed choices, but based on completely automated predictive models. This represents the future which, through Artificial Intelligence, Chatbots and Expert Advisors, will revolutionize the financial markets, supported by adequate regulation. In this study we try to take stock of the current situation and some predictions for the future.
Download or read book Crisis Turnaround and Corporate Reorganization written by Olga Cucaro and published by Olga Maria stefania Cucaro. This book was released on 2019-01-08 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crisis, Turnaround and Corporate Reorganization. It is a work born from the study of corporate crisis, the Default and the cleansing of the companies. Even before starting the PhD, the author has analyzed the risk of default of agri-business and the rating as a system for identifying the probability of default in a research consortium under a second level Master. After returning in 2010 for a research group on governance strategies Turnaround and decided to study the one hand and on the other the default remediation to understand when and how to effectively make a turnaround. Companies in crisis at some point in their life cycle are at a crossroads; on the one hand and on the other the default salvation and this is the time to enable an effective turnaround strategy that can bring the company back on track. The identification of these strategies is of paramount importance not only for scholars, but primarily for managers. First, an intervention is carried out and the results will be better.
Download or read book Collection of short stories inspired by the pandemic written by Olga Maria Stefania Cucaro and published by Olga Maria stefania Cucaro. This book was released on 2020-10-01 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: These short stories were inspired by the period that has just passed and continues to this day. Some of the six short stories contained in this collection are full of hope for the future while others analyze reality with the eyes of the imagination that all writers are lucky enough to have. Obviously all references to facts and people are random since they originate from the author's imagination.
Download or read book Mandatory and Discretional Non financial Disclosure After the European Directive 2014 95 EU written by Francesco De Luca and published by Emerald Group Publishing. This book was released on 2020-06-04 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of the EU Directive 2014/95/EU, requiring the mandatory disclosure of non-financial information (NFI) by large undertakings and groups, is to rebuild trust with stakeholders. This book aims to summarize the relevant literature about company information with particular reference to the voluntary vis a vis mandatory NFI.
Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book Banking Theory and Practice 21th Edition written by Shekhar K.C. & Shekhar Lekshmy and published by Vikas Publishing House. This book was released on with total page 1059 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book covers the entire gamut of topics in the field of banking from its evolution to the latest trends. The present edition has kept pace with the new developments, including the changes in legislation, growing globalization of banking, as well as the expansion of the banking business to meet the needs of customers for a wider range of services. It is an essential resource not only for undergraduate students, but also for professional bankers and those who pursue more advanced and practically oriented studies on the subject.
Download or read book People s Republic of China Hong Kong Special Administrative Region written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2014-07-16 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Insurance Core Principles Detailed Assessment Report was prepared in the context of the Financial Sector Assessment Program for the People’s Republic of China–Hong Kong Special Administrative Region (HKSAR). The report describes that the insurance penetration and density in HKSAR is among the top 10 in the world. Foreign-owned insurers are dominant in the HKSAR insurance sector, and account for about 72 percent of total assets as at end-2012. The long-term insurance industry is highly concentrated, while the market share of general insurance industry is more evenly distributed. All except one of the top-10 insurance groups are all foreign owned, with much larger consolidated operations compared to their operations in HKSAR. The Insurance Authority is responsible for regulating and supervising the insurance industry of the HKSAR. It is supported by the Office of the Commissioner of Insurance, a government department in the HKSAR. A self-regulatory system is used to supervise the conduct of business of intermediaries.
Download or read book Russian Federation written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2016-09-22 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper evaluates observance of the Basel Core Principles for Effective Banking Supervision in the Russian Federation. The legal framework currently in place provides the Central Bank of Russia (CBR) with necessary powers and responsibilities. The CBR may authorize banks, conduct ongoing supervision, oversee compliance with laws, and undertake corrective action to address safety and soundness. Major new reforms increase many aspects of the CBR’s duties and powers, although implementation has not yet been tested in all cases. The Russian licensing regime for banks appears exhaustive. However, the legal regime for major acquisitions was found to be weak.
Download or read book Risk Based Capital written by Lawrence D. Cluff and published by DIANE Publishing. This book was released on 2000 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book People s Republic of China written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2017-12-26 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an assessment of the level of observance of the Basel Core Principles for Effective Banking Supervision (BCPs) in China. The China Banking Regulatory Commission (CBRC) has maintained its momentum in regulation and supervision in the face of exceptional growth in scale and increasing complexity of the banking system. The CBRC has also achieved a high degree of compliance with the BCPs. However, several dimensions of credit risk, including treatment of problem assets, concentration risk and related party exposures have aspects in which they lag international best practices and standards. Failure to resolve these issues may hamper the CBRC in its task of assessing the nature and scale of credit risk in the system and within individual institutions.
Download or read book Financial Regulatory Reform written by and published by . This book was released on 2009 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report details the proposed reforms by the US Dept of Treasury to meet the following five key objectives: (1) Promote robust supervision and regulation of financial firms, (2) Establish comprehensive supervision of financial markets, (3) Protect consumers and investors from financial abuse, (4) Provide the government with the tools it needs to manage financial crises (5) Raise international regulatory standards and improve international cooperation.
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 2010 with total page 1528 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Italy written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2013-12-06 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the findings of Detailed Assessment of International Association of Insurance Supervisors (IAIS) insurance core principles on Italy. Regulation and supervision of the insurance industry in Italy is the responsibility of the newly established Institution for the Supervision of Insurance (IVASS). IVASS has reached international best practice in several areas of supervision. IVASS actively exercises group supervision and by 2000, IVASS established the first college of supervisors. Intragroup transactions and related party participations limits are strictly monitored and enforced. IVASS handling of the licensing of undertakings is complete and comprehensive and ensures appropriate considerations pursuant to regulations. Enhanced supervision in some areas is required.
Download or read book Sweden written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-09-16 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Swedish banking system faced a severe liquidity strain during the global financial crisis owing to their extensive reliance on global wholesale funding to support expansion in their credit operations. This note gives a detailed review on the recommendations made in the Financial Sector Assessment Program (FSAP) Update in the area of systemic liquidity risk management, especially in relatively weak areas and some aspects of Riksbank’s domestic liquidity toolkit. But it does not cover a range of issues on emergency liquidity assistance to individual institutions.
Download or read book Republic of Korea written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2014-10-14 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: SUMMARY, KEY FINDINGS, AND RECOMMENDATIONS The Republic of Korea has a moderate level of compliance with the Basel Core Principles for Effective Banking Supervision (BCP). Building upon the 2003 FSAP recommendations, the authorities have taken resolute steps to strengthen the regulation and supervision of the banking sector. However, the assessment identified gaps that need to be addressed and although the Republic of Korea counts with a strong—albeit overly complex—regulatory framework and with thorough supervisory practices, a number of areas require attention so that the Republic of Korea can meet the highest standards of supervisory effectiveness. Those areas include: broader powers to apply minimum capital requirements to individual banks; full implementation of Pillar 2 and ICAAP; and a more comprehensive approach to conglomerates. The application of Basel II to Financial Holding Companies (FHCs) would complement the transition to group supervision which began through the introduction of the FHC Act. Despite the deficiencies identified in the assessment, the current supervisory structure has been reasonably effective and the overall vulnerability of the Korean banking system has diminished since the 2008 crisis with stronger capitalization across the sector. Supervision of the banks is structured around sound off-site supervision techniques and onsite inspections. Strengths lie in sophisticated offsite monitoring capabilities and an extensive onsite capability. The FSC-FSS collects and analyzes a broad suite of information including detailed financial and management information. The supervisory approach relies heavily on off-site monitoring and notifications of exceptions, which are supplemented by biannual full-scope on-site examinations. The existence of multiple points of responsibility, where subject matter experts are responsible for different areas of surveillance poses challenges of coordination and to derive an overall understanding risk to an institution. The Republic of Korea is one of the first countries to be assessed under the revised Basel Core Principles (BCP) issued by the Basel Committee in September 2012. Like other countries being assessed under the new methodology, the Republic of Korea has agreed to be assessed and rated not only on the essential criteria but also on the additional criteria. It is important to note that since last assessment, conducted in 2003, the bar of the standards has been raised twice by the BCBS (the BCP methodology was revised in 2006 and again in 2012). This assessment, consequently, is not comparable with the previous assessment and, as prescribed by its methodology, should not be compared or across countries. Within the revised BCP methodology, more is expected of supervision and regulation, and much of what was considered “desirable” is now considered essential, with the lessons of crisis and evolution of financial markets and international standards. The assessment also brings a new relevance to observed implementation and practices.
