the ozone layer. It also regulates the parties to reach an agreement by officializing consented actions, standards and procedures.
Montreal Protocol
Representatives from 24 nations, meeting in Montreal in September 1987, signed the ‘Montreal Protocol on Substances that Deplete the Ozone Layer.’ Its primary goal was to reduce the worldwide productionand use of CFCs. This protocol is the
the conversionof illicit cash into another asset, the concealment ofthe true ownership or source ofthe illegally acquired proceeds, the creationofthe perceptionof legitimacy of source and ownership.
2) Terrorism Financing
Terrorist financing is a topic that shot into the limelight after the events of September 11, 2001. Basically, theterm ‘terrorism financing’ means any type o
The responsibilities ofthe Board of Governors are to guide monetary policy action, toanalyze domestic and international economic and financial conditions, and to lead committees that study current issues, such as consumer banking laws and electroniccommerce.The Board also exercises broad supervisory control over the financial services industry, administers certain consumer protectionregulations
The Committee has designed the leverage ratio to be a credible supplementary measure to the risk-based requirement with a view to migrating to a Pillar 1 treatment based on appropriate review and calibration.
4. Reducing procyclicality and promoting countercyclical buffers
One ofthe most destabilising elements ofthe crisis has been the procyclical amplificationof financial shocks thro
the missing facts would have altered the ‘total mix’ of information available to the investor.” Thus, a matter is generally thought of as “material” if a prudent investor would reasonably want to know about it. Size ofthe company could be relevant. And other factors such as compliance with regulatory requirements or concealment of an unlawful act could and should be brought into consid