capital to build buffers at individual banks and the banking sector that can be
used in stress
•achieve the broader macroprudential goal of protecting the banking sector from periods of excess credit growth.
a. Cyclicality of the minimum requirement
The Basel II framework increased the risk sensitivity and coverage of the regulatory capital req
Ⅲ. Characteristics of New Pension System in Chile
1. Individual Capitalization Accounts (ICA)
In Chile, they have pension system that subscribers pay back from their individual accounts after retirement. Therefore this account have no income redistribution among inter-layers and no income transfer between generations that exist in korean pension system. ICA's contributions are not inc
regulations, and oversees the nation's payments system. The Board oversees the activities of Reserve Banks, approving the appointments of their presidents and some members of their boards of directors.
The Board's most important responsibility is participating in the Federal Open Market Committee (FOMC), which conducts our nation's monetary policy.
2) The Federal Reserve Banks
A network of
■ Diverse Aspects
Ⅰ. Political Environment
The political structure of a country inevitably affects the way a business operates, as it is the political regime that will enact laws, sets regulations and policies.
Singapore's parliamentary democracy system is well known for creating a stable and orderly government. The government provides first-rate efficiency and excellence in the p
private capital
(4) Better-managed organization
UNEP FI Statements
comply with local, national, international environmental regulations
integrate environmental considerations into business.
identifying and quantifying environmental risks
conduct internal environmental reviews on a periodic basis
develop and publish a statement of their environmental policy and periodical reporting