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This article deals with the convergence of the Kazakh financial system with international standards in light of the new … international standards in the national regulatory framework are determined. In practice, the study provides justification for the … necessity of arranging the systematization of existing rules and regulations covering financial activity in the Republic …
Persistent link: https://www.econbiz.de/10011922791
The WTO TBT Agreement obliges governments to use international standards as a basis for regulation, yet leaves a degree … standards debate at the WTO. In our analysis we first briefly outline the nature of the discipline in the TBT Agreement itself … procedures of setting international standards (the how), and greater emphasis on robust technical/scientific underpinnings of …
Persistent link: https://www.econbiz.de/10010326819
international standards in RTAs, and focus on the extent to which RTAs have assimilated the WTO TBT principles for development of … international standards (the Six Principles), arguably the most important decision taken by the TBT Committee over last 20-plus …
Persistent link: https://www.econbiz.de/10011853330
Even if traders adapt to technical regulations and standards in an export market, they still must prove compliance by … regulations do, and that testing and certification are the procedures that most frequently give rise to trade problems. Within the …
Persistent link: https://www.econbiz.de/10011509084
As in many other sectors of EU economies, 'artificial intelligence' (AI) has entered the scene of the financial services industry as a game-changer. Trading on capital markets is undoubtedly one of the most promising AI application domains. A growing number of financial market players have in...
Persistent link: https://www.econbiz.de/10012804605
Under Solvency II, corporate governance requirements are a complementary, but nonetheless essential, element to build a sound regulatory framework for insurance undertakings, also to address risks not specifically mitigated by the sole solvency capital requirements. After recalling the...
Persistent link: https://www.econbiz.de/10011655487
The paper discusses the policy implications of the Wirecard scandal. The study finds that all lines of defense against corporate fraud, including internal control systems, external audits, the oversight bodies for financial reporting and auditing and the market supervisor, contributed to the...
Persistent link: https://www.econbiz.de/10012313805
We consider whether traders are more likely to commit securities violations when trading at home, a new form of working induced by the Covid pandemic. We examine data pre- and post-Covid, during which some traders were unexpectedly forced to work at home. The data indicate the presence of both a...
Persistent link: https://www.econbiz.de/10012705612
The financial means of international terror and transnational organized crime organizations are analyzed. First, some short remarks about the organization of international terror organizations are made. Second and in a much more detailed way a literature review is provided about the financing of...
Persistent link: https://www.econbiz.de/10011335418
Sub-Saharan Africa (SSA) accounts for a third of the countries on the Financial Action Task Force (FATF) grey list. In the Money Laundering and Terrorist Financing (ML/TF) Ranking and Risk Assessment Tool, the region performed poorly in terms of resilience to ML/TF, with more than 60% of...
Persistent link: https://www.econbiz.de/10014636101