Financial regulation

had caused several economic downturns to many financial institutions, which forced to go out of business or filed a bankruptcy protection. This financial crisis had caught many economists off-guarded the severity of financial damages that the crisis created. There were numerous factors that caused the financial collapse included the over-heat real estate market, the mortgage-back security products, the loose monetary policy, the questionable regulation, the family borrowing beyond their mean,…

shadow banking and private banking. The shadow banking system points to the financial intermediaries associated with enabling the creation of credit across the world financial system whose members are not subject to regulatory oversight. Any unregulated activity by regulated institutions is also termed shadow banking (International Monetary Fund, 2014). Private banking, however, is individualized banking and financial services that are customarily given to banks that service wealthy high net…

The bank’s goal is to provide superior financial solutions to their clients to meet with their needs. CIB’s completive advantage over its competitors and makes people chose it over 500 of the largest corporations in Egypt is its strong brand equity, it shows potential within the bourgeoning Retail…

The Sarbanes Oxley Act of 2002 which was also called SOX was published by the Congress in 2002 to protect investors’ interest (SOX, 2002). After the enactment of SOX, corporate financial reporting was more strict and normative. However, there were a lot of accounting scandals before 2002. And the Enron scandal attracted the most public attention of all the scandals. Enron was created in 1985 and was one of the largest energy companies around the world. However, in 2001 and 2002 the company was…

6. The film the Inside Job highlights many deficiencies at all levels that contributed to the financial meltdown. Actions could have been taken in order to avert the meltdown. The public ratings agencies such as Standard & Poor’s or Moody’s should have been accurately rating companies and investments rather than being concerned about protecting their business. It’s ridiculous that representatives would claim that their ratings are merely “opinions” and that they had no responsibility.…

1. What kind of labels are listed here? Why? Response: The labels on ecolabelindex.com are a posting of various ecosystem friendly certifications, governance boards, and methods. The information available provides credible transparency for consumers and organizations seeking ecosystem friendly guidance in a range of areas. 2. How do your consumer (buying) choices affect biodiversity? Response: Most of our household purchases include organic or phosphate free products. Intentions to create a…

cases. There are also some other privacy related regulations. These regulations were passed by Congress in order to protect privacy violations and in response to accounting information system attacks. In addition to the CAN-SPAM Act discussed above, a number of federal regulations, including the Health Insurance Portability and Accountability Act (HIPAA), the Health Information Technology for Economic and Clinical Health Act (HITECH), and the Financial Service Modernization Act impose specific…

Should marijuana be legalized? I believe that it should, but with certain stipulations and conditions. Marijuana has a long history full of positive and negative effects on mankind. Before we can talk about the present issues of marijuana or “weed” for short. We need to look back where it all began and the circumstances surrounding it in the U.S. It first showed up in the united states in 1545 when the Spanish brought it with them when they came to the new world. It became a commercial crop…

Case 11.1: Accounting/Finance Ethics Scenarios Main Ethical Issue(s) Financial professionals are often confronted with fiduciary issues which challenge their integrity, honesty, and ability to be transparent with stockholders and customers. They may be pressured to make decisions or participate in accounting practices that are clearly against company policy, financial or accounting rules, regulations, and code of ethics. In all three scenarios, employees are asked to make such decisions.…

Based on the organization you have chosen for your final research paper, respond to the following: I. Regulations: If any data involved is regulated, or if there are other legal and compliance concerns, state them in this section. The laws covering the internet are varied and quite complex in the United States with the financial system to the medical system heavily regulated. Starting off the Sarbanes-Oxley was enacted in 2002, the Sarbanes-Oxley Act is designed to protect investors and the…