MONEY LAUNDERING ASSIGNMENT HELP

MONEY LAUNDERING ASSIGNMENT HELP

 Introduction

The current flood of universal psychological oppression, the terrorist activities on a global scale, and the expanded worries about drug trafficking have prompted to an expanded concentration money laundering, and the regulations for controlling these. Truth be told, illegal avoidance of governmental obligations in the form of money laundering is not a late marvel and has disturbed the brains of policy regulators and controllers for a long time. The structural appearance might vary from one instance to the other, yet unlawful or illicit exercises that go about in the form of promoters to money laundering have dependably scanned for procedures to transform their returns into usable resources from a legal viewpoint. The individuals associated with criminal activities utilize the monetary framework with an aim that they would be able to allot their resources and make those illegal resources seem legitimate[1]. The measurement of the volume and advancement of sorted out wrongdoing and additionally the outcomes of illegal activities in the form of money laundering has been finished by a couple of specialists, as it were. The Walker demonstrate depends on appraisals of the degree of different distinctive sorts of wrongdoings in single nations around the globe, assessments of the returns coming about because of these wrongdoings and the likelihood of those returns being washed. Walker decides the laundering pathways by an engaging quality record which depends on a scope of variables that express the open doors and dangers displayed by the money related entities/foundations in every nation. Different specialists have asserted that this way to deal with the measurement of the illegal activities leading to money laundering is ostensibly better than those in light of the investigation of monetary exchanges since there is no potential for the twofold including inalienable in the layering and arrangement phases of illegal avoidance of governmental obligations or money laundering forms[2]. T

                [1]  Laurence Webb, “A survey of money laundering reporting officers and their attitudes towards

money laundering regulations”J.M.L.C  7.4 (2004): 370

                [2] Noriaki Yasaka, "Knowledge management in international cooperation for anti-money laundering," Journal of Money Laundering Control 20.1 (2017): 30.

 

More info →
LSBM302 Corporate Risk Management

LSBM302 Corporate Risk Management

LSBM302 Corporate Risk Management

  1. Assessment 1 Details

5.1          Task

A review of Corporate Risk Failure - AIB/Allfirst (2002)

Banking failures due to weaknesses in risk management were exposed by the Global Financial Crisis in 2007-08. However, cases before this are informative as they highlight the importance of learning from business history and applying a critical perspective to continuing failures.

In 2002 John Rusnak, a "lone wolf" currency trader at Allfirst, racked up losses of almost US$700 million. It was Ireland's biggest banking scandal, and the fourth-biggest banking scandal in the world, at the time when it came to light. External advisors, law firm Wachtell, Lipton, Rosen & Katz reviewed the Allfirst treasury operation and produced a report (better known as the Ludwig report) providing advice to the boards of Allfirst and its parent, Allied Irish Banks (AIB).

You are given this report and three additional case studies on AIB/Allfirst, highlighting different perspectives: corporate governance, e-risk and financial risk.

You are required to:

  • Produce an assessment of the AIB/Allfirst failure with specific reference to its risk management
  • Draw on the evidence provided (the report and 3 case studies)
  • Ensure that you draw directly on the course and the teaching of each week to apply a corporate risk management perspective.
  • Use appropriate models, frameworks and example.
  • Use a range of academic sources for your report.
  • Use Harvard referencing throughout for your citations and the reference list.
  • Focus on analysis from the perspective of (a) Assessment of risk, (b) Risk response and (c) Risk governance and regulatory risk.

The assessment should be in the form of a report with the following structure:

  1. Introduction 

Provide an overview of:

  1. The AIB/Allfirst failure
  1. A summary of the key reasons why Allfirst failed – based on the literature.
  1. Assessment of risk
  1. Identify key risks and
  1. Classify these risks into categories - use recognised frameworks and models.
  1. Risk response 
  1. Review how AIB/Allfirst responded to its risk exposure and/or
  1. Identify any gaps and shortfalls in its approach by critically applying models and frameworks designed to measure and model different business risks
  1. Highlight any relevant aspects of Risk governance and regulatory risk
  1. Findings and conclusions
  1. Summarise the key points that explain why and how AIB/Allfirst failed from a risk management perspective
  1. Analyse, synthesise and evaluate the data to establish solutions
  1. Make recommendations to minimise the possibility of such failures happening in the future.

5.2          Submission requirements

You are required to submit this assignment by Friday/09 March 2018/3pm. You must submit your assignment by using the Turnitin gateway in the module’s Canvas site.

Please Note: The act of submitting your work electronically will be taken as an acceptance of the Declaration of Authorship (see Appendix 2).

  1. Extensions and Mitigating Circumstances

Applications for extensions and mitigating circumstances, with supporting evidence (such as medical certificates), should be made through the Student Self-service Portal (SSP).

6.1          Extensions

If a student experiences unforeseen circumstances that may prevent the student submitting an assignment at the first opportunity, it is possible to request an extension of up to two weeks. The length of extension requested will be evaluated by the Academic Administrator.

More info →
Hospitality Management | Hospitality Management Careers | Utalca

Hospitality Management | Hospitality Management Careers | Utalca

Hospitality Management | Hospitality Management Careers | Utalca

Unit 1: The Contemporary Hospitality Industry Unit 2: Finance in the Hospitality Industry Unit 3: Customer Service Unit 4: Research Project Unit 5: Food and Beverage Operations Management Unit 6: Rooms Division Operations Management Unit 7: The Developing Manager Unit 8: Marketing in Hospitality Unit 9: Human Resource Management for Service Industries Unit 10: Work-based Experience Unit 11: Resource Management in Hospitality Unit 12: Hospitality Operations Management Unit 13: Conference and Banqueting Management Unit 14: Hospitality Contract and Event Management Unit 15: On-Licensed Trade Management Unit 16: Sales Development and Merchandising Unit 17: Quality Management in Business Unit 18: Facilities Operations and Management Unit 19: External Business Environment Unit 20: Business Health Check Unit 21: Small Business Enterprise Unit 22: Cellar and Bar Operations Management Unit 23: Law for Licensed Premises

Unit 24: Brewing Science Unit 25: Menu Planning and Product Development

Unit 26: Planning and Managing Food Production and Beverage Service 145 Unit 27: Contemporary Gastronomy Unit 28: World Food Unit 29: Creative Patisserie Unit 30: New Product Development in Food Unit 31: Food Safety Management Unit 32: Nutrition and Diet Unit 33: The Sport and Leisure Sector Unit 34: Heritage and Cultural Tourism Management Unit 35: The Entertainment Industry and Venue Management Unit 36: Sport and Leisure Tourism in the UK Unit 37: The Travel and Tourism Sector Unit 38: Sustainable Tourism Development Unit 39: Tourist Destinations Unit 40: Tour Operations Management Unit 41: Personal and Professional Development Unit 42: Employ ability.

More info →
Economic Environments Assignment Help

Economic Environments Assignment Help

 Introduction

Economic Environments Assignment Help proper strategy for the growth and success of a business can only be formulated and adopted if the internal and the external environments related to the economic aspect of that business organization are thoroughly analyzed and evaluated. The analysis of the internal environment should be conducted on the basis of the strengths and weaknesses of that environment. Whereas the analysis of the internal environment may seem to be a rather simple and straightforward job for the organizations, the analysis of the external environment is quite complex and laden with a number of peculiarities. This is because of the fact that the analysis of the external environment should not only be based on the general analysis of the external environment but also on the critical understanding of the market competition, the competitive entities, the viability of the implemented strategies to handle the level of competition, and the threats and opportunities involved in the scenario that is being analyzed(De Giovanni, 2012) . Therefore, it is a critical process which needs immense effort. However, successful business strategies can be adapted and developed by the collection of proper analysis of both the internal and the external economic environments related to an organization. Furthermore, it is also important for an organization to properly identify and evaluate the core resources of the organization, the fields of the core competency, the level of the capability, thorough analysis of the value chain and its relationship with the capabilities and the available resources of that organization (Menguc, Auh, & Ozanne, 2009). This paper attempts to critically analyze the internal and the external economic environment of the Apple Inc., a leading brand from the information technology sector on the global scenario, in order to develop a proper understanding of the impact of these environments on the organizational operations of the company and how the potential strategies can be developed and implemented in to properly handle the implications and ensure the organizational success.

More info →
LSBM302 AB1 Ludwig Report Allied Irish Bank Currency

LSBM302 AB1 Ludwig Report Allied Irish Bank Currency

LSBM302 AB1 Ludwig Report on Allied Irish Bank Currency
OVERVIEW

This report is submitted by Promontory Financial Group LLC and the law firm of Wachtell, Lipton, Rosen & Katz to advise the Boards of Directors of Allied Irish Banks, p.l.c. (“AIB”), Allfirst Financial Inc., and Allfirst Bank with respect to losses sustained by Allfirst Financial Inc. and Allfirst Bank (together “Allfirst”) in foreign exchange trading. The purpose of this report is to advise the Boards in connection with the questions that they have referred to us for our review and advice and it is not intended to represent the definitive report on the matters set forth herein. This report should be regarded as preliminary, because significant leads remain to be pursued. Indeed, the person primarily responsible for these losses, John M. Rusnak, has thus far refused to speak with us, and we have not had an opportunity to talk to the foreign currency traders with whom Mr. Rusnak dealt.

Our inquiry was authorized by the AIB Board of Directors on February 8, 2002. Thus far, we have interviewed approximately 55 present and former employees of AIB and Allfirst and have reviewed a substantial volume of electronic records and thousands of pages of printed documents. Given the complexity of the matter and the volume of materials to be reviewed, however, our interviews and review of the electronic and documentary record are not complete. We have emphasized from the outset that we believed that 30 days was inadequate to render a comprehensive report. Nevertheless, we understand the Boards’ need for timely guidance. Therefore, our work to date has focused primarily on the Allfirst treasury operation and, as this report reflects, we have drawn conclusions in that regard. Although we have confidence in our preliminary conclusions, it is likely that further inquiry will uncover additional material information or provide further clarification and insight into those events and practices of which we are aware.

More info →
HND Diploma Business | Higher National Certificate | Hnd Meaning

HND Diploma Business | Higher National Certificate | Hnd Meaning

HND Diploma Business | Higher National Certificate | Hnd Meaning

This course handbook will provide you information about the qualification Edexcel BTEC Level 5 HND Diploma in Business. The handbook will provide detailed information about the learning outcomes and the assessment criteria which you need to achieve to attain this qualification.
You are required to refer to this handbook throughout your course as it provides vital understanding which will assist you in achieving the learning outcomes prescribed by Edexcel. This handbook will not only equip you for an easy kick start of your learning journey but with vital information under your belt, learning will become an enjoyable experience for you. The information collocated in this handbook hasa been gathered from Edexcel course handbook for BTEC Level 5 HND Diploma in Business. The content of this handbook is not definitive and is subject to change due to factors beyond the control of OCL.
If you have any enquirers related to information in this handbook or any further enquirers concerning your course, you can always speak to any member of the academic team.

More info →
BSBMGT617 Advanced Diploma Leadership Management

BSBMGT617 Advanced Diploma Leadership Management

BSBMGT617 Advanced Diploma Of Leadership And Management

This unit describes the skills and knowledge required to run a business operation and covers the steps required to develop and implement a business plan.

It applies to individuals who are running an organisation or who take a senior role in determining the effective functioning and success of the organisation. As such, they may oversee the work of a number of teams and other managers.

No licensing, legislative or certification requirements apply to this unit at the time of publication.

Pre- Requisites

Not applicable 

Co- Requisites

Not applicable 

Relevant Legislation

  • Australian Human Rights Commission Act 1986
  • Age Discrimination Act 2004
  • Disability Discrimination Act 1992
  • Racial Discrimination Act 1975
  • Sex Discrimination Act 1984
  • The Privacy Act 1988 (Privacy Act) and Australian Privacy Principles (APPs)
  • Occupational Health and Safety Act 2004 – Applicable in Victoria
  • Work Health and Safety Act 2011 
More info →
LSBM302 AB1 Case Study Allied Irish Banks E-Risk

LSBM302 AB1 Case Study Allied Irish Banks E-Risk

LSBM302 AB1 Case Study Allied Irish Banks E-Risk
On February 6, 2002, Allied Irish Banks - Ireland's second-biggest bank - revealed that it was investigating an apparent currency fraud at its Baltimore-based subsidiary, Allfirst, perpetrated by a trader named John Rusnak. It soon became clear that the scale and nature of the losses would make the AIB/Allfirst story one of the biggest 'rogue trader' scandals since Nick Leeson brought down Barings bank in 1995.

More info →
Longevity Operation | Operation Managemnt | Longevity Operation Service

Longevity Operation | Operation Managemnt | Longevity Operation Service

Longevity Operation

This paper serves two purposes. First, it analyses the internal and the external operating environment of Les Mills International in the context of the theory of uniqueness of small businesses. Secondly, it provides recommendations based on the analysis done in the first part using marketing and management theories applicable to operation of business in the international arena. Agency theory presents a unique proposition in relation to the operations of small businesses.

Management theory has focused on the problems that arise due to separation of ownership from management in conventional corporates; this has led to emergence of the agency theory. The agency problem is however not existent in small businesses because of the fusion of management with ownership. This presents special challenges for stakeholders and the firm. For example, the lack of transparency in operation and the scantiness of information is a concern for stakeholders in these small businesses. Therefore, businesses like LMI need to come up with measures to mitigate such problems.

More info →
BSBMKG501 Identify Evaluate Marketing Opportunities

BSBMKG501 Identify Evaluate Marketing Opportunities

BSBMKG501 Identify And Evaluate Marketing Opportunities

Skills Assessment (Practical Tasks) BSBMKG501 Identify Evaluate Marketing Opportunities

ASSESSOR NOTE

These instructions must be followed when assessing the student in this unit.  The checklist on the following page is to be completed for each student.  Please refer to separate mapping document for specific details relating to alignment of this task to the unit requirements. 

This competency is to be assessed using standard and authorised work practices, safety requirements and environmental constraints.

Assessment of essential underpinning knowledge will usually be conducted in an off-site context.

Assessment is to comply with relevant regulatory or Australian standards' requirements.

Resource implications for assessment include:

•           an induction procedure and requirement

•           realistic tasks or simulated tasks covering the mandatory task requirements

•           relevant specifications and work instructions

•           tools and equipment appropriate to applying safe work practices

•           support materials appropriate to activity

•           workplace instructions relating to safe work practices and addressing hazards and emergencies

•           material safety data sheets

•           research resources, including industry related systems information.

Reasonable adjustments for people with disabilities must be made to assessment processes where required. This could include access to modified equipment and other physical resources, and the provision of appropriate assessment support.

Task 1 – Marketing Opportunities Identification and Evaluation

Using a simulated business, you are the marketing manager for the organisation. Briefly describe the organisation, its products or services and its current markets. Identify two opportunities to enter new market, with current or new products and two opportunities to introduce new products to your current markets.

Analyse and document these opportunities in terms of:

  • their potential contribution to the organisation’s business
  • their fit with the organisation’s goals and capabilities
  • likely impact on your current business and customers
  • external influences on the financial viability of each opportunity
  • probable return on investment
  • changes needed to current operations
  • changes needed to maintain current quality of customer service
  • resources required to make the necessary changes

Communicate your findings and recommendations to the key stakeholders in the organisation via a written report and presentation.

In your report, ensure you give detailed explanations of the legislation and codes of ethicswhich apply to its marketing activities. Present your findings within the written report andlist all the sources of your information.

The following attached Marketing Requirements Document may be used as a basis for thisassessment task. 

MARKETING REQUIREMENTS DOCUMENT

1. Executive Summary

Provide a concise report of the specific objectives for this Market Requirements Document (MRD), along with pertinent facts, assumptions, and recommendations noted throughout the document. Typically, it’s best to complete this section after all the other parts of the MRD document are finalized.

More info →
LSBM302 AB1 AIB Case 2002 Excerpt NYU | Aib Internet Banking

LSBM302 AB1 AIB Case 2002 Excerpt NYU | Aib Internet Banking

LSBM302 AB1 AIB Case 2002 Excerpt NYU,
This is a short story of failures. It is rather a chilling story of how a single person, under the most common work circumstances, can lose $750 millions! And he does so, by bullying his subordinates, intimidating his colleagues, threatening his supervisors, bribing his counter-parties, forging documents, falsifying the data, and betting more and more after having lost the most. A perfect example of "escalation of commitment". A fantastic case of complacence over compliance. This is only the first reaction: Sensationalism ends here. The core of the case is a clear reflection of:

More info →
Labour Flexibility Job Security | Flexible Jobs | Labor Definition Economics

Labour Flexibility Job Security | Flexible Jobs | Labor Definition Economics

Labour Flexibility Job Security | Flexible Jobs | Labor Definition Economics

Flexicurity is a portmanteaucombining two words labour flexibility and job security. It 1implies a blend of social security and high flexibility in the labour market. Flexicurity can be explained using two views of the labour market. That is, employees’ view of labour market and theview of employers about the labour market. Employees need an assurance of job security, employment security and income security. On the other hand, employers require some levelof flexibility that gives them room for functional and wage adjustment. This is important since employers need to respond to changing conditions from time to time to maintain competitiveness and efficiency.
The aim of flexicurity is to combine job security of the employee with labour market relations thereby generating economic adjustment opportunities for employers. These two aspectsare balanced in a way, establishing a mutually beneficialstructure leading to a situation where the employee is provided with adequate security and the employer is afforded opportunities for economic adjustment. One underlying feature of flexicurity is that both

More info →