Inside, the reader will find the following key resources: (1) Regulatory Compliance Matrix: a synopsis of the principal domains of applicable regulation, setting forth legal norms, ancillary standards and guidelines. This Matrix covers the laws and regulations specific to financial services (Part I) and information and communications technology (Part II) at the global and European as well at the UK national and sub-national level. Part III of the Matrix covers generally applicable regulatory domains like corporate governance, consumer protection and employment law, information security, data protection and electronic commerce. (2) Regulatory authorities: a comprehensive listing with descriptions of authorities who define the regulatory agenda. Weblinks are provided for each authority, which enables the reader to access the latest regulatory developments and updates.( 3) Overview of the conduct of effective compliance programmes: a pragmatic approach to the entire process, from scoping and prioritisation, conducting risk assessments, defining control activities and reporting requirements; to undertaking effectiveness reviews, documenting findings and making recommendations; to assessing compliance maturity and creating action plans. (4) Non-compliance costs checklist: a detailed list of financial, operational, personal, and regulatory risks. This will assist readers with risk assessment and prioritisation of compliance domains.

Die Anlageberatung besitzt in Deutschland eine enorme Bedeutung, weil zahlreiche Verbraucher keine eigenen Finanzkenntnisse besitzen. Sie sind daher im Vorfeld ihrer Anlageentscheidungen auf eine externe Beratung angewiesen. Der Gesetzgeber steht angesichts des hohen Beratungsbedarfs vor der grossen Herausforderung, adaquate Rahmenbedingungen zu schaffen, um ein angemessenes Verbraucherschutzniveau sicherstellen zu koennen, ohne zugleich die Anbieterseite mit uberflussigen Regeln zu behindern. Vor diesem Hintergrund analysiert und bewertet der Autor ausfuhrlich das aktuell bestehende Spannungsverhaltnis zwischen notwendigem Verbraucherschutz einerseits und der Gefahr einer UEberregulierung andererseits.

This publication attempts to address why central bank independence still lacks certain vital attributes which embody adequate governance and accountability mechanisms - which are necessary if better results in relation to longer term economic and political objectives, in particular, are to be achieved. As well as a consideration of why the lender of last resort facility should be used for emergency situations and systemically relevant institutions in particular, an interesting point which will be considered in this publication is the comparison between the European Central Bank (ECB) Recommendation and its application by the Commission in the Re capitalisation Communication, specifically with its Annex, where the Commission explains how it determines the price of equity or own funds (ordinary or common shares) - balancing the "real value" with the "market value" within a crisis context. This publication will also consider how to transform financial crises into opportunities whereby tax burdens to taxpayers are minimised - as well as making financial markets more efficient. Given the scale of government intervention and State rescues which occurred during the recent crisis - as well as the prominence accorded to measures aimed at preventing and limiting distortions of competition, calls have been made for competition authorities to take on more formidable roles in designing and implementing exit strategies. In order to foster competition as much as possible, it is proposed that "governments should provide financial institutions with incentives to prevent them from depending on government support once the economy begins to recover."

When raising money for a business, various securities law issues may come into play. You need to follow the rules carefully in order to preserve limited liability under the law. Both the federal exemption and the state filing usually limit the amount raised to $1 million in a one-year period. In addition, there is another option called Regulation A, subject to a different set of rules, but it allows a business to "test the waters" for interest before undertaking more formal filing actions.

Estate planning is important in all legal and financial matters affecting families when dealing with dealing with illnesses and/or financial matters

In this seminal book on the relationship between income, basic element of Capitalism, and Human Rights, Paula Marcilio Tonani de Carvalho demonstrates, through detailed historical analysis of economic practices over time, how success in business can and should encourage global development and positively influence the overall quality of life.

Thesis (M.A.) from the year 2003 in the subject Law - Miscellaneous, grade: 1, University of Bonn, language: English, abstract: This thesis is to provide guidance for the antitrust analysis of technology consortia which is challenged by virtue of the various forms the inter-firm collaboration may take, the pooling of intellectual property rights (IPR) and the ambivalent impact this may have on competition. The starting point to a meaningful antitrust analysis of technology consortia is an understanding of the underlying economics. The following chapter is to briefly discuss the incentives of firms to cooperate, the contrasting stability issues prevailing in an anti-competitive cartel as opposed to innovation driven consortia, and the resultant welfare implications in terms of the benefits and risks of cooperation. This will allow an outline of the workable policy approach to be pursued in applying antitrust law. The third chapter focuses thereby on issues of antitrust analysis by distinguishing between two main types of technology consortia and their role in the innovation process. The assessment is to help the identification of the essential elements in antirust analysis ranging from relevant market definition to market power and intellectual property rights (IPR). In the fourth chapter, EC competition law is specifically examined against the discussed policy approach. This includes a consideration of relevant anti-competitive conduct relating to technology consortia under Article 81, the relevance of block exemptions, and finally the self-assessment under Article 81(3). In addition to a discussion of the intersection between IPR and Article 81, this will continue to be relevant for the assessment of IPR under Article 82. This chapter will end with a recommendation as to how IPR policies of technology consortia should be formulated to alleviate some antitrust concerns. The final chapter is to conclude that both intellectual property law and competition

Diploma Thesis from the year 2002 in the subject Business economics - Economic Policy, grade: 1, University of Strathclyde, language: English, abstract: This paper addresses the economic policy context surrounding the European merger regulation in high-tech industries. The rapidity of technological change raises questions as to the operation of the dynamic parameters underlying high-tech industries. While the identification of those parameters appears to be straightforward, the interpretation of the effects posed by the dynamics is rather controversial. On the one hand, it is argued that the very dynamics of high-tech industries create or strengthen dominant companies whereby consumers run the risk of adopting inefficient technologies. However, the present paper is to contest this reasoning since performance competition and the resultant Schumpeterian process of disequlibria makes a so-called lock-in unlikely. The second chapter is to identify the distinctive parameters of high-tech industries, whereby a contrasting analysis between the two dimensions of economic performance, establishes dynamic competition as best utilised to serve the furtherance of consumer welfare. The third chapter is to consider the implications of dynamic competition for current relevant market definition by discussing the deficiencies of current practice. Recent competitive developments appear to confirm a broad, intermarket and technologies-based competition among firms. The fourth chapter, therefore, seeks to propose analytical tools that are capable of evaluating the state of competition more accurately. To that end, the cornerstones of relevant market definition are redefined by including a performance based test, an enquiry into capability explanations and the setting of time frames to assess entry competition. The final chapter is to conclude that although Schumpeterian dynamic competition deals with the expectation of innovation, the proposed analysis is the more accurate app