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In order to enter the lucrative immigration destinations like America, Canada, Australia or in European countries or to remain residing there to be eligible for various immigration-related benefits, non-citizens (aliens) and work permit visa applicants goes down on to the dirtier side of the ... Views: 1345
There is a lot of discussion about the difference between preparing for a disaster so you can recover, and planning to continue to stay in business no matter what causes a business interruption. Many people ask what the difference is. Do they mean the same thing? Isn't the end result the ... Views: 1099
The last thing anyone wants or needs is an accident in the workplace, which means putting in place accident prevention measures to ensure that your workplace is as safe as it is reasonably possible to be. However, as we all know, accidents can and do happen and it is the proper investigation of ... Views: 1354
Many individuals who wish to generate a full-time income online choose affiliate marketing. It is an arrangement that benefits both the merchant and the affiliate, but its success often hinges on the advertising and selling strategies of the affiliate marketer. Additionally, it is a highly ... Views: 1307
PC backup tools today are becoming business necessities rather than luxuries more and more often. But, these tools are not limited for use with online business owners or even brick and mortar business owners. In fact, everyone who uses a computer for any reason at all needs to consider the ... Views: 965
People which appreciate fine art are usually considerably much more inside beat using the attractiveness with their environment. The color of the sun, the texture a seashell, as well as the spice-colored colour pallette of an autumn landscape can easily supply every day inspiration for you to ... Views: 920
The employment verification process is based on employers’ review of documents presented by new employees to prove their identity and work eligibility. However recent studies have shown that document fraud (use of counterfeit documents) and identity fraud (fraudulent use of valid documents or ... Views: 1540
Mark Brandenberg, who specializes in coaching men, said:
Men have trouble asking for help and calling a coach is asking for help. It is a new field and people don’t know much about it. Coaching is good for men because it is in the comfort of home; it is private. However, men don’t call ... Views: 1214
Bail Bonds Information
When a person is arrested for a crime they will typically be allowed to post bail with the court in order to be released from custody pending the outcome of the trial. This is commonly referred to as posting bail, however there are actually a variety of methods to post ... Views: 950
When I was in school I did virtually anything I could to avoid science classes. For some reason they didn’t interest me and bored me to death.
The interesting thing was as a young boy I was totally enamored with astronauts and the United States efforts to put men on the moon and return them ... Views: 834
The Technology Behind the Comprehensive Background Check
While your reasons for doing a Comprehensive Background Check may be limitless, your list of legitimate background check businesses to search for one isn't quite as expansive. With one of these background investigations, you are able to ... Views: 921
Doctors, nurses and other health care providers are professionals that are licensed to deliver a necessary diagnosis and treatment for the sick and the injured. With a great deal of time and energy invested into education and gaining the experience to be the best in your field of expertise. It ... Views: 1020
I expect many of you are hearing about the events in Europe and wondering what the big deal is. There were 2 major events that happened in Europe last week, the French and Greek elections. The socialist parties gained major victories which signaled the end of austerity measures. This spells the ... Views: 946
We cannot avoid from threats. Every organization has to face problems and threats.Risks are difficult and are topic to impact any kind of small, technique or large organization. It's essential that organizations continue to determine, observe and control the event of danger within their ... Views: 711
Pressure to comply with regulation has always been one of the main drivers of changes in how financial services institutions manage data. And new regulations such as the Dodd-Frank Act, Solvency II, UCITS IV, Basel III, MIFID II and FATCA are proving to do just that. Irrespective of the size of ... Views: 844
While Basel III, FATCA and the Dodd-Frank Act will see renewed pressure on businesses to ensure high quality of reference data, focusing on satisfying regulator concerns as the sole reason for improving data management and data quality, would be short sighted. High quality reference data is even ... Views: 1218
All organisational data falls into either one of two categories – transactional data and reference data. In the context of regulatory reporting by financial institutions, the importance of transactional data is self-evident. After all, it is actual transactions that are most responsible for ... Views: 1840
In today’s cut throat world of financial services provision, the ability to rapidly respond to changing market conditions is fundamental.
Unfortunately, the need to be first off the blocks can have negative repercussions. And in probably no other area is this more evident than in the ... Views: 1044
There is no question about it – banks will have to spend money if they are to comply with the new regulatory framework defined by Basel III. The all-encompassing nature of Basel III means that virtually no part of the institution will remain unaffected. But none will probably require as much ... Views: 1138
Risks are expected and are topic to impact any kind of small, medium or large company.
It's essential that organizations continue to determine, notice and control the occurrence of danger within their particular organizations. It's also remember that even with the best of risk-based ... Views: 627
There is a lot of debate in engineering circles about who invented the electric generator and when. The prevailing theory is that Michael Faraday invented it in 1831. However, there are some who believe an Italian physicist named Aloisio Galvani conceived of it 41 years prior. Be that as it ... Views: 780
Companies, big, medium, small or startups, have one thing in common – try as hard as they might, they can be, at any point of time, get hit by a crisis. The crisis or problem can strike at any time, in any form – be it product-related, financial, human resource, public relations, legal, market ... Views: 2392
To ensure business continuity, there is a need to have the right resources and processes in place. The need to find talented people for risk management vacancies should be a high priority. The lack of suitable resources will pose a serious threat to the seamless running of a business and affects ... Views: 696
As anyone who has experienced a break-in will know, it can be an incredibly stressful experience. It is not just the loss of or damage to property that is at issue – many people feel personally traumatised at the idea that somebody has invaded their own space. To avoid this happening, and to try ... Views: 957
If you are currently looking for fire risk assessment solutions for your business's fire safety then you may have looked at risk assessment software. Although it may appear to be a quicker and easier solution you still have to assess your premises by hand as you cannot predict your businesses ... Views: 789
Regulating risk in business takes more than the willingness to expand only when all possible negative repercussions have been considered and avoided. It takes cautious risk assessment that involves research and careful planning.
Hiring professional risk management people is one way to ... Views: 959
Small business owners are known for juggling projects, doing multiple tasks at the same time and rarely having enough time in the day to do everything they know they should do. This results in many items getting placed on a to-do list that rarely receives attention. An asset inventory is one of ... Views: 882
As Europe’s largest financial services institutions face a growing number of new or revamped regulations including Basel III, UCITS IV, MIFID II and Solvency II, they are caught in a dilemma. They could create separate data management infrastructure for the different regulations or they could ... Views: 1009
Quality Data Means Quality Decisions
Whenever any of us walks into our family doctor’s office for treatment or a routine checkup, one thing we expect is that the historic medical data the doctor possesses on us is complete, accurate and appropriate. If you previously suffered multiple ... Views: 881
Solvency II has 3 pillars - Pillar I that address capital requirements, Pillar II that is focused on workflow, governance and audit, while Pillar 3 details the framework for reporting. Unsurprisingly, Pillar I has attracted the most attention with insurers evaluating their entire business to ... Views: 658
Just how expensive is Solvency II? Well, if the UK’s Financial Services Authority (FSA) is to be believed, the anticipated cost of new technology and external consultants necessary for compliance is likely to exceed US $3 billion. This is a substantial expense for many European insurance firms ... Views: 784
Basel III Not the last Regulation of its Kind
Scheduled for implementation between 2013 and 2019, Basel III takes over from its predecessor Basel II. But while the new Basel framework is meant to strengthen the management of international banking risks and thus protect bank’s customers and ... Views: 1190
The Dangers of Reverse Phone Number Lookups
Harassment and bullying is an increasingly large problem across the United States, but how are you supposed to bring crank callers to justice if they are calling from an unfamiliar number? Fortunately, you can execute a Reverse Phone Number Search, in ... Views: 794
After the collapse of Bretton Woods system in the early 1970, the exchange rates of major currencies became floating, thus leaving the supply and demand to adjust foreign exchange rates in accordance to their perceived values. The increase in volatility of the exchange rates, together with the ... Views: 1089
Never in the history of banking has the need to have good quality data been as important as it is today. As the after effects of the 2007-2009 global financial crisis linger on, ever fewer funding sources and an increasing pressure on financial institutions to deliver a respectable return to ... Views: 1113
In Solvency II, supervisors will not just be asking insurance companies operating in the European Union to submit new figures for the SCR (Solvency Capital Requirement). Instead, regulators are likely to pose probing questions that allow for the interrogation of report data. For instance, ... Views: 953
A strenuous regulation
Regulatory compliance costs money and may disruptively alter the business environment. Recent statements from a senior official of the United Kingdom’s financial services regulator and from the chief executive of the UK’s largest insurer gave impetus to this assertion – ... Views: 792
As Basel III, MiFID II, UCITS IV and the Dodd Frank Act are finalised and/or come into force, ever higher data requirements have been thrust on financial institutions that require them to meticulously track the origin of data, its transformation over time and the persons or processes responsible ... Views: 2417
The most heavily regulated industry?
Because of the critical role it plays in the economy, the banking sector has always been the most regulated in any country. One need only look at any major economic crisis over the past century to see that the banking industry has always been at the heart ... Views: 1378
CCTV or closed-circuit television is the gadget used for watching over a place or humans for protection purposes. The locations where there is high motion of people making it hard for a human security guard to observe all the humans at a time, CCTV is the most appropriate. Such places are more ... Views: 1319
ling any pitfalls that come your way as a solopreneur... Let’s face it: life happens. You can never plan for that unexpected car accident or taking care of someone who is seriously ill (maybe even yourself!). One of the best things you can do, as a solopreneur is to have someone you can entrust ... Views: 1043
While implementation is not likely until 2014 or 2015, the repercussions of MIFID II are already eliciting mixed reactions from market players. Some industry regulators such as the UK’s Financial Services Authority (FSA) has already expressed concerns on substantial liquidity withdrawal from the ... Views: 1636
Solvency II has streamlined regulatory reporting for multi-national and/or multi-subsidiary financial services companies with an insurance arm doing business in the European Economic Area (European Union plus Norway, Iceland and Liechtenstein).
Activities of the different businesses, ... Views: 1088
With the coming into effect of UCITS IV (Undertakings for Collective Investment in Transferable Securities) in July 2011, one thing is for sure – fund managers in the European Union have had to evolve with the fast changing regulatory environment. And if past respect for UCITS funds in other ... Views: 1095
Lots and Lots of Data
To better appreciate the magnitude of the challenge that lies ahead for banks with the coming into effect of Basel 3, let's place it in its proper context.
First the financial services industry holds enormous amounts of data - probably more than any other sector of ... Views: 1949
Arranging insurance for a small business can be a highly complex undertaking, and may require a considerable amount of thought and planning.
Small business insurance is not like most other forms of insurance. If you are looking to insure your home or your car, then there is something ... Views: 643
After the financial collapse in 2008 that was marked by the demise of some of the oldest financial firms in the banking industry, enterprise risk management has become a regulatory concern as well as a business concern. Assuring that the institutions which form the backbone of the country's ... Views: 765
My friend Ted sells marine forklifts. He and his boss recently went to a marina to close a large transaction. Ted looked around the marina and said to the customer “I’m not going to sell you this lift.” Both Ted’s boss and his customer were stunned. He followed up with “You would really grow ... Views: 1529
Assessing the safety of your property is the hallmark of the services offered by risk management consultants. Risk management is a concerted effort by a team of experts to reduce uncertainty in any business. Risk management is typically the procedure of evaluating the risks involved in a certain ... Views: 686
Risk exists in the operations and decisions of almost all organizations. Organizations of all shapes and sizes can benefit from undertaking systematic risk management processes, including governments, professional associations, and charities. This Hub will focus on profit-driven businesses and ... Views: 663