Guarding the kraal - on the trail of the rogue trader
Article Abstract:
The supervisory system currently in force in the securities industry was designed for commission business, while the enormous losses covered in the media were caused by proprietary traders. Controls suitable for proprietary traders must be built up and should include independent monitoring as well as a daily assessment of the firm's risks. Oversight by top managers and disclosure of risk exposure to the shareholders are also necessary. Other components of a disciplinary system for proprietary trading are listed.
Publication Name: The Journal of Corporation Law
Subject: Law
ISSN: 0360-795X
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Let me sell you a storey
Article Abstract:
New research from London-based Mulholland Research Associates reveals that the public are, without exception, attracted to houses with rooms in the roof. Buyers of room-in-the-roof houses all agreed that the extra cost represented good value, offering extra space at discount rates. Target groups for unconverted potential room-in-the-roof designs include couples who are unable to afford the cost of moving up and people who wish to increase the resale value of their home.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Grenada now
Article Abstract:
Grenada's neighboring island, Carriacou, offers a has a fantastic coral reef, good fishing and even quieter beaches than the main island. The smaller destination reflects Grenada as it was 40 years ago.
Publication Name: Travel-Holiday
Subject: Travel, recreation and leisure
ISSN: 0199-025X
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Truth is the daughter of time: the real story of the Nestle case. Baby for sale; Mich. man tried to sell his daughter,
- Abstracts: Extending the privilege against self-incrimination to the juvenile waiver hearing. Beyond Rio: "insuring" against global warming
- Abstracts: Reframing the debate between agency and stakeholder theories of the firm. Prevalence of hypercholesterolemia in a maritime population
- Abstracts: Hiding the ball. Smart buildings
- Abstracts: The Unique Tax Characteristics of Partnerships. Renault Spares a Thought for Distribution