Credit Default Swaps and Bank Regulatory Capital
... protection sellers. For example, AIG disclosed in its 2007 annual report that 72% of the CDS protection it sold was used by banks for capital relief.14 It is necessary for protection sellers to make such claims for credit derivatives to be counted for capital relief for protection buyers. However, C ...
... protection sellers. For example, AIG disclosed in its 2007 annual report that 72% of the CDS protection it sold was used by banks for capital relief.14 It is necessary for protection sellers to make such claims for credit derivatives to be counted for capital relief for protection buyers. However, C ...
Household Portfolios in Italy
... 1995 and 1998 – has collected detailed information on the composition of Italian households’ wealth, both real and financial. But the 1987 survey has information only on highly aggregated asset categories, and the framing of the questions on financial assets was rather different from that of subsequ ...
... 1995 and 1998 – has collected detailed information on the composition of Italian households’ wealth, both real and financial. But the 1987 survey has information only on highly aggregated asset categories, and the framing of the questions on financial assets was rather different from that of subsequ ...
Disclosure Principles for Public Offerings and Listings
... offerings of asset-backed securities ("ABS"), as the Technical Committee concluded that IOSCO's currently existing disclosure standards and principles did not apply to such offerings. Although IOSCO has published a number of disclosure principles and standards, most notably the International Debt Di ...
... offerings of asset-backed securities ("ABS"), as the Technical Committee concluded that IOSCO's currently existing disclosure standards and principles did not apply to such offerings. Although IOSCO has published a number of disclosure principles and standards, most notably the International Debt Di ...
Chapter 2: A Further Look at Financial Statements
... because higher EPS will generally indicate to investors that the company is providing them with a higher return on their investment. This will cause the company’s shares to become more attractive and hopefully increase in price. An increase in the current ratio usually signals good news because the ...
... because higher EPS will generally indicate to investors that the company is providing them with a higher return on their investment. This will cause the company’s shares to become more attractive and hopefully increase in price. An increase in the current ratio usually signals good news because the ...
Methodology And Assumptions: Liquidity
... (Editor's Note: We originally published this criteria article on January 2, 2014. We're republishing this article following our periodic review completed on November 4, 2014. We republished this article to add a question to the frequently asked questions section. We've republished this article on Ja ...
... (Editor's Note: We originally published this criteria article on January 2, 2014. We're republishing this article following our periodic review completed on November 4, 2014. We republished this article to add a question to the frequently asked questions section. We've republished this article on Ja ...
Technical Note on Stress Testing for IIFS
... 2 In particular, two seminal documents dealing with stress testing have been published in response to the financial crisis. In May 2009, the Basel Committee on Banking Supervision (BCBS) published its Principles for Sound Stress Testing Practices and Supervision; and in August 2010 the Committee of ...
... 2 In particular, two seminal documents dealing with stress testing have been published in response to the financial crisis. In May 2009, the Basel Committee on Banking Supervision (BCBS) published its Principles for Sound Stress Testing Practices and Supervision; and in August 2010 the Committee of ...
The relative asset pricing model
... Could the two views represented by Dempsey (2013) and Partington (2013) be consistent with each other? Could it be that CAPM proponents, and those who propose alternatives — like Black (1972), who argues for a Zero-Beta CAPM, albeit without clarity on the exact specifics of the zero-beta portfolio; ...
... Could the two views represented by Dempsey (2013) and Partington (2013) be consistent with each other? Could it be that CAPM proponents, and those who propose alternatives — like Black (1972), who argues for a Zero-Beta CAPM, albeit without clarity on the exact specifics of the zero-beta portfolio; ...
Financial-Accounting-6th-Edition-Libby-Test-Bank
... 65. Which of the following statements concerning the debit-credit feature of the accounting equation is correct? A. Debits are entered on the right and credits are entered on the left. B. A debit entry will decrease a liability account and increase an asset account. C. Stock sold to investors increa ...
... 65. Which of the following statements concerning the debit-credit feature of the accounting equation is correct? A. Debits are entered on the right and credits are entered on the left. B. A debit entry will decrease a liability account and increase an asset account. C. Stock sold to investors increa ...
The Macroeconomics of Shadow Banking Alan Moreira Alexi Savov July 2014
... a liquidity event arrives. This sets up a tradeoff between the quantity and fragility of the liquidity supply. Crash risk drives a wedge between the current value of an asset and its collateral value. We model crashes as compensated (mean-zero) Poisson shocks with time-varying probability that henc ...
... a liquidity event arrives. This sets up a tradeoff between the quantity and fragility of the liquidity supply. Crash risk drives a wedge between the current value of an asset and its collateral value. We model crashes as compensated (mean-zero) Poisson shocks with time-varying probability that henc ...
diversified growth funds - Pensions and Lifetime Savings Association
... static approach to asset allocation will often lead to regret. This is because asset class returns are volatile, even over long holding periods. Returns from different asset classes fluctuate, at least relative to each other. This means that asset allocation should be all about balancing risk and re ...
... static approach to asset allocation will often lead to regret. This is because asset class returns are volatile, even over long holding periods. Returns from different asset classes fluctuate, at least relative to each other. This means that asset allocation should be all about balancing risk and re ...
... circumstance is the widely accepted premise that because entrepreneurs bear substantial risk, it is their low degree of risk aversion that differentiates them as a group from other households. In this context, it is less likely that heterogeneity of risk preferences among entrepreneurs would be see ...
Old Globe Theatre dba The Old Globe
... The Old Globe is the beneficiary of an irrevocable charitable remainder trust administered by a third party. The trust terminates upon the death of the grantor, at which time The Old Globe will receive the remaining trust assets. The fair value of the future benefits to b ...
... The Old Globe is the beneficiary of an irrevocable charitable remainder trust administered by a third party. The trust terminates upon the death of the grantor, at which time The Old Globe will receive the remaining trust assets. The fair value of the future benefits to b ...
Asset encumbrance, financial reform and the demand for collateral
... These developments have raised concerns about the implications of increased collateralisation of financial transactions and bank asset encumbrance for the functioning and stability of the financial system. Against this backdrop, in May 2012, the Committee on the Global Financial System (CGFS) set up ...
... These developments have raised concerns about the implications of increased collateralisation of financial transactions and bank asset encumbrance for the functioning and stability of the financial system. Against this backdrop, in May 2012, the Committee on the Global Financial System (CGFS) set up ...
KDE Capital Asset Guide
... assets at the time of purchased and whenever changes are made to the asset’s assignment. Verification of Asset Balances to the General Ledger KDE recommends the verification of the fixed asset detail records to the General Ledger balances to ensure the integrity of data and accuracy of the assets re ...
... assets at the time of purchased and whenever changes are made to the asset’s assignment. Verification of Asset Balances to the General Ledger KDE recommends the verification of the fixed asset detail records to the General Ledger balances to ensure the integrity of data and accuracy of the assets re ...
"Super Equivalent" Basel III Liquidity Coverage Ratio
... High-quality liquid assets (or HQLAs) generally consist of unencumbered assets free of transfer restrictions that are readily convertible into cash under periods of stress, or can generate sufficient liquidity through sale or secured borrowing. When characterizing assets as HQLAs, the federal bankin ...
... High-quality liquid assets (or HQLAs) generally consist of unencumbered assets free of transfer restrictions that are readily convertible into cash under periods of stress, or can generate sufficient liquidity through sale or secured borrowing. When characterizing assets as HQLAs, the federal bankin ...
Where is Affinity Sutton on the journey?
... Affinity Sutton journey to Asset Transfer Where is Affinity Sutton on the journey? • 43 Assets eligible for CAT – 18 on lease/ license, 15 in negotiations, and 10 will be promoted for new partnerships (our mapping process) • Strategy to have all assets managed by community organisations via Communi ...
... Affinity Sutton journey to Asset Transfer Where is Affinity Sutton on the journey? • 43 Assets eligible for CAT – 18 on lease/ license, 15 in negotiations, and 10 will be promoted for new partnerships (our mapping process) • Strategy to have all assets managed by community organisations via Communi ...
Who Owns the Assets?
... Insurance companies include property and casualty (P&C), health, life, monoline, and reinsurers. Each type of insurance company has a different business model with specific products from which they project their liabilities. While individual company portfolios differ significantly, the asset allocat ...
... Insurance companies include property and casualty (P&C), health, life, monoline, and reinsurers. Each type of insurance company has a different business model with specific products from which they project their liabilities. While individual company portfolios differ significantly, the asset allocat ...
XPP-PDF Support Utility
... Designation of Liquidity Program Administrator. The Liquidity Rule requires a fund’s board to approve the designation of the fund’s investment adviser, officer, or officers (which may not be solely portfolio managers of the fund) responsible for administering the fund’s Liquidity Program (the Progra ...
... Designation of Liquidity Program Administrator. The Liquidity Rule requires a fund’s board to approve the designation of the fund’s investment adviser, officer, or officers (which may not be solely portfolio managers of the fund) responsible for administering the fund’s Liquidity Program (the Progra ...
Office of Government Ethics Guidance on Hedge Fund and Other
... about conflicts of interest arising out of the ownership of these assets. See OGE LA-14-05. Thus, in these circumstances, OGE has determined that the investor need not divest their interest in the fund in order to comply with the disclosure requirements. To receive a certification without divestitur ...
... about conflicts of interest arising out of the ownership of these assets. See OGE LA-14-05. Thus, in these circumstances, OGE has determined that the investor need not divest their interest in the fund in order to comply with the disclosure requirements. To receive a certification without divestitur ...
CHAPTER 2
... Accounting standards are not uniform because individual countries have separate standardsetting bodies. Currently many non-U.S. countries are choosing to adopt International Financial Reporting Standards (IFRS). It appears that accounting standards in the United States will move toward compliance wi ...
... Accounting standards are not uniform because individual countries have separate standardsetting bodies. Currently many non-U.S. countries are choosing to adopt International Financial Reporting Standards (IFRS). It appears that accounting standards in the United States will move toward compliance wi ...
Fact sheet Comparing listed and unlisted assets
... period of time, superannuation funds invest in a variety of assets – both listed and unlisted. Every trustee board takes a different approach depending on the fund’s member profile and long-term objectives. AustralianSuper has included unlisted assets among its investments for many years, as these a ...
... period of time, superannuation funds invest in a variety of assets – both listed and unlisted. Every trustee board takes a different approach depending on the fund’s member profile and long-term objectives. AustralianSuper has included unlisted assets among its investments for many years, as these a ...
Dominated assets, the expected utility maxim, and mean
... dominated asset is included in the menu of investment opportunities. Asset A dominates asset B if (1) the cash payments to A are at least as high as those to B and strictly greater than the payoff to B in at least one possible state outcome, and (2) if the current price of A is less than or equal to ...
... dominated asset is included in the menu of investment opportunities. Asset A dominates asset B if (1) the cash payments to A are at least as high as those to B and strictly greater than the payoff to B in at least one possible state outcome, and (2) if the current price of A is less than or equal to ...
Outside Liquidity, Rollover Risk, and Government Bonds
... Empirical evidence suggests that investors value the liquidity of government bonds (see, e.g., Longstaff, 2004; Krishnamurthy and Vissing-Jorgensen, 2012). There are various explanations for why incomplete financial markets and financial frictions give rise to a demand for liquidity, and for governm ...
... Empirical evidence suggests that investors value the liquidity of government bonds (see, e.g., Longstaff, 2004; Krishnamurthy and Vissing-Jorgensen, 2012). There are various explanations for why incomplete financial markets and financial frictions give rise to a demand for liquidity, and for governm ...
An Introduction to Asset Pricing Models
... 4. All investors have the same one-period time horizon such as one-month, six months, or one year. – The model will be developed for a single hypothetical period, and its results could be affected by a different assumption. A difference in the time horizon would require investors to derive risk meas ...
... 4. All investors have the same one-period time horizon such as one-month, six months, or one year. – The model will be developed for a single hypothetical period, and its results could be affected by a different assumption. A difference in the time horizon would require investors to derive risk meas ...
1 Too Low for Too Long Interest Rates, Bank Risk Taking and Bank
... banks behaviour one of which is an increase in investments in risky assets. According to Rajan (2005) lower interest rates on risk free investments could push banks to invest more in higher yielding investment that are also riskier (assets substitution). We expect that a decrease in the policy rates ...
... banks behaviour one of which is an increase in investments in risky assets. According to Rajan (2005) lower interest rates on risk free investments could push banks to invest more in higher yielding investment that are also riskier (assets substitution). We expect that a decrease in the policy rates ...