Archive for the ‘General’ Category

Broughton-Bradford: Challenges to Global Governance to the G8

Saturday, June 28th, 2008

James Boughton and Colin Bradford published an article in the IMF-Magazine "Finance and Development" in December 2007 called "Global Governance: New Players, New Rules", in which they questioned the governance capability of the G8. They define ideal global governance as such: The ideal of global governance is a process of cooperative leadership ...

Contagion - Definition by Worldbank

Thursday, May 8th, 2008

The World Bank has a fairly comprehensive overview over different definitions of contagion and documents related to recent contagious events in the financial markets. Some excerpts: Broad Definition: Contagion is the cross-country transmission of shocks or the general cross-country spillover effects. Restrictive Definition: Contagion is the transmission of shocks to other countries or ...

Hedge Funds and Benfords Law

Thursday, May 8th, 2008

Glyn Holton wrote an article about how to detect fraud in the reports by Hedge Funds: using Benford's Law. Benford's law, also called the first-digit law, states that in lists of numbers from many real-life sources of data, the leading digit is 1 almost one third of the time, and larger ...

ISSA - International Securities Services Association

Wednesday, April 9th, 2008

Institution: International Securities Services Association Abbreviation: ISSA Type: Private Founded: 1979 (The idea of an association of securities administrators from all over the world was first conceived in 1975 over a luncheon between C.F. Ahrens, then Head of Securities Administration at Citibank, New York, and B. Imseng, Head of Securities Administration at Union ...