Questions On Financial Crimes Against The Elderly

1st Topic of Discussion: Financial Crimes Against the Elderly. Please see â€Å"PD 3324† The Committee discussed Preliminary Draft (PD) No. 3324, Financial Crimes Against the Elderly. This drafted legislation will permit a financial institution to release certain financial records to a law enforcement agency of Adult Protective Services (APS) unit if the financial institution reasonably suspects illegal activity in connection with the account, and provides immunity to a financial institution that releases, or does not release, this information. Permits a court to order a person convicted of exploitation of a dependent or endangered adult to order the disgorgement of any property the person received as the result of the death of the dependent or endangered adult. The legislation also urges the general assembly to assign the topic of adult protective services to a study committee during the 2016 legislative interim. Upon explanation of the bill Representative Pierce brought up his discomfort in Section (c) of the legislation. The language is too broad and ambiguous and nee ds to be identical to the immunity language that is throughout the Indiana Code (IC). Further, Representative Pierce Motioned to amend Section (c) to read similar to all immunity language in IC, the motion to amend was unanimously adopted by the committee. Upon completion of discussion Senator Lanane moved that PD 3324 be recommended by the Committee as model legislation, the Committee voted 13 to 1 to recommendShow MoreRelatedCrime and Punishment: Intent Makes the Difference Essay1718 Words   |  7 Pages There are many different types of crime and punishment in medical law ranging from criminal to civil. Below I will explain the difference of criminal and civil and give descriptions of the different types of crime and punishment in the two categories. What is a criminal crime or act? 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My Passion Is My Hijab - 945 Words

My passion is my Hijab. Ever since I have started wearing it, it has become a part of me. It is the main source of my confidence and it makes me unique. Believe it or not, it is what keeps me going and helps me overcome almost all of my problems. It strengthens my relation with God and brings me closer to him. It keeps me safe from people who might make me feel uncomfortable and makes people treat me in a respectful way. I still remember how it all started and how much I suffered until I was able to practice wearing the Hijab. I have been twelve years old at that time. My parents did not agree with me, they had many reasons to stop me from wearing it. First, they have felt that I am too young to begin wearing it, and they also did not like it as much. Second, they were worried that, I would change my mind about it as I grow up and decide to take it off. Another reason was that they thought, I just want to copy other people and wear the hijab. 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Although my professional success was well documented

Investment and Portfolio Management Organized Market Place

Question: Discuss about the Investment and Portfolio Management for Organized Market Place. Answer: Introduction Brief history of Singapore Exchange Limited Stock Exchange is an organized form of marketplace where securities of various companies are listed and traded. Singapore Exchange Limited (SGX), located in Singapore, was founded in December 1999. It is an investment company which facilitates the formation of capital and thereby supports economic and financial growth of the country. SGX is governed under the chairmanship of Chew Choon Seng with a market capital of US$ 8.19 billion. About 771 companies are listed on the SGX among which almost 40% are overseas companies (Raghuvanshi, 2016). From the last nine consecutive years, SGX is ranked as the best market place for the investors for doing business across the world. It plays a major role in the securities and derivative market of Asia (sgx, 2016). Shareholding of Singapore Exchange Limited Figure 1: Shareholding of Singapore Exchange Limited Image Source: (Lim, 2015) The shareholding of Singapore Exchange Limited has been shown in the figure 3. The graph indicates that 62 % of the shareholding is among the Singapore based companies whereas other 38% are the overseas companies listed on the SGX. The majority of the shareholding i.e. 24% is from the South East Asia while other 15% shareholding is from Hong Kong. Japan and Korea has a shareholding of 5% in the Singapore Exchange. Whereas, Australia and Europe has the shareholding of 4% and 3% respectively in the Singapore Exchange Limited. These shareholdings show that the SGX has its presence all around the world. It provides many investors various opportunities to invest in the international market. With the increase in its stability and economic growth Singapore Exchange diversifies its products and services. Since 1981, monetary and fiscal policy in Singapore has maintained a center position in the supervision of the exchange rate. Singapore Exchange limited has been established with an objective of promoting stability in the prices for the sustainable economic growth. It is known as the fastest emerging market of stock exchange in ASEAN. However, Singapore Exchange Limited was formed with the cancellation of some earlier exchange companies; specifically Singapore International Monetary Exchange (SIMEX), Securities clearing and Computer Services (SCCS) and Stock Exchange of Singapore (SES). These companies have issued new shares in the market which were paid up by Singapore Exchange Limited. In the year 2000, SGX has become the second listed exchange company through public and private placement offer in the region of Asia Pacific. The Asian and Oceanian Stock Exchanges Federation and World Federation of Exchanges are the members of Singapore Exchange Limited. SGX offers various securitie s and derivatives related trading services to its customers. This investment holding company brings different companies together whose investor wants to grow with different opportunities. The securities market of Singapore Exchange Limited provides tools to their investors which help them to manage risks and exposure in commodities, currency markets and equities (shareholder, 2014). Stock prices of Singapore Exchange Limited Figure 2: Graph showing stock prices of Singapore Exchange Limited Image Source:(morningstar, 2016) The stock prices of Singapore Exchange Limited have been shown in the graph above. The data has been shown for the last five years i.e. from 2011 to 2016. Graph 1 shows fluctuation in the stock prices in the last five years. Y axis of the graph shows the volume of stock traded while X axis represents the time period i.e. year. There are various factors which influence stock prices of Singapore Exchange Limited including economic and political policies, market conditions, regulatory framework of Singapore, financial performance of the company etc. In the early 2011, stock prices of SGX were lower than the prices of stock in the year 2013. However, stock prices of SGX were highest in the late 2014 among all the five years. Singapore Exchange Limited has observed high rate of fluctuation in their stock prices due to prevailing market conditions of the country. Despite of many ups and downs in the stock prices, SGX is currently experiencing stability in its stock prices. Highest volume o f stocks traded by Singapore Exchange was 4,633,400 in the last five years (morningstar, 2016). Whereas, lowest volume of stock traded in the last five year was 6, 37,000(morningstar, 2016). The stability in the stock prices of SGX increases the investment opportunity for many investors. Earnings Per share of Singapore Exchange Limited Figure 3: Earnings per share of Singapore Exchange Limited Image Source: (morningstar, 2016) Graph 2 shows the Earning per share of Singapore Exchange Limited for the five years i.e. from 2012 to 2016. X axis of the graph indicates the year while Y axis shows EPS of SGX. From the above graph it can said that the Earnings per Share of SGX is stable. From the year 2012 to 2016, EPS is calculated as 0.27, 0.31, 0.30, 0.33 and 0.33 respectively. Therefore, in the year 2016, EPS of SGX has been observed as the highest over the last five years. The basic and diluted EPS of the Singapore Exchange Limited is similar in these five years (morningstar, 2016). Discussion Operation of Singapore Exchange Singapore Exchange Limited is the holding company of investment which operates in multiple locations across the world. SGX operates in the trading and clearing of both products including securities and derivatives. The structure of SGX is formed in such a manner that it operates in the several divisions of the exchange market. It engages in the management of treasury, stipulation of administrative services and management of the related corporation, technology connectivity services and contract processing provision. Singapore Exchange Limited functions through the operation of different business segments including securities market and derivative market. In the securities market, SGX offers clearing, trading and settlement of exchange traded funds, structured warrants and stocks. It also provides market data, connectivity services, and member and issuer services. Whereas, derivative market of the company provides the investor with a large portfolio of products related to derivative ac ross commodities, currencies and equity indices. SGX is the single clearing house based in Asian for financial derivatives and over the counter commodities. The other business segment of Singapore Exchange Limited offers services other than related to securities and derivatives market. Singapore Exchange Limited operates in the trading hours involving 9 a.m. to 5 p.m. It executes its operation daily through an intraday and ends of day clearing cycle. The stock market of Singapore is diversified into different sectors and products. The major ten active stocks of SGX on the daily basis signify six different sectors. While, nearly 150 business sectors is represented by 700 stocks listed on the SGX. However, Singapore Exchange also operates in the security products including business trust, real estate investment trust, structured warrants and exchange traded funds. SGX focuses on the execution of long term strategic goals of the company for the growth and development of the products and services it offers to its customers. SGX has strengthened its regulatory function while considering the global economic concern. It has also grown its presence in the Asian market with more opportunity of trading venues and deployment of its resources. SGX operates on the basis of esta blished framework, identifying the area of significant risk and supervisory attention. It strengthens the risk management system and internal control of the listed share among different sector of the business operations. Products Offered Singapore Exchange Limited offers various products and services to its customers. The wide range of products offered by SGX is divided into sub groups based on its features including securities, fixed income and derivatives. Securities Singapore Exchange deals in various securities including stocks, ETFs, ADR, REIT and structured warrants to safeguard against the insider trading. Stocks Stocks of the company indicate the ownership of the investor in a company along with the claim investor has on the assets and earnings of the company. Straits Times Index is the standard benchmark for the Singapore Exchange market. Through this benchmark, performance of stocks of top 30 listed companies are tracked which contributes to the capital and liquidity growth of the country (sgx, 2016). Exchange Traded Funds There are around 80 exchange traded funds listed in the SGX that provides an exposure to different areas of asset classes. It is an investment in the open ended fund which aims to signify the performance of market index. Many investors invest in the Exchange Traded Funds in order to maximize the exposure in the constituents of index by expanding their portfolio under index market (sgx, 2016). American Depository Receipts Singapore Exchange is the first stock exchange that provides trading of the international securities including depository shares and receipts of the company which are previously listed on the other stock exchange. American Depository Receipts offer an access to the investors to trade in the international securities of the largest companies around the world (sgx, 2016). Real Estate Investment Trusts and Business Trusts SGX also offers the investor to invest in REIT and business trusts to generate income through real estate. The units of business trust and REIT are traded on the market driven prices. Investment in REIT and business trust possesses various benefits including tax benefits, diversification in the portfolio and income distribution (sgx, 2016). Structured Warrants SGX offers Structured Warrants with an underlying coverage value of stocks and indices of Asia that allows many investors to access leverage in the domestic and foreign markets both (sgx, 2016). Fixed Income Investment in the fixed income guards the investor against any capital loss over a period of time. The securities offering fixed income provide flexibility to attain several investment goals (sgx, 2016). Retail Bonds Retail bonds offered by SGX are sold to the retail investors in the stock market. The government and corporation agencies offer these bonds in order to raise money for the accomplishment of specific projects. Preference Shares Income on Preference stocks pays a fixed amount of dividend to its shareholders. This share provides priority to its shareholders over other shareholders of the company. Singapore Government Securities Singapore Government Securities bonds are usually issued for a period of more than one year. Monetary Authority of Singapore issues these bonds on the behalf of Government of Singapore. Derivatives Financial Products The financial products of Singapore Exchange Limited include different products that help the investor to manage risk and get exposure in the market of equity, interest rates and currencies. It allows the investor to evade their investment against uncertainty in the environment of monetary and macroeconomic policy. The financial derivatives of Singapore Exchange offer tools to its investors that position them in the best manner in the changing market environment (sgx, 2016). Commodities Products In the recent decades, global demand for commodities products has increased rapidly. Through investing in SGX commodities products, both investors and managers position themselves from high fluctuation in the prices of commodities for the purpose of operation and investment. The commodities products of Singapore Exchange include rubber, coal, precious metals, freight, iron ore and steel, electricity and oil and gas (sgx, 2016). How investment managers managing their respective portfolios Investment in securities and derivatives involves diversification of investment portfolio as well as it involves financial risk. The investment manager therefore needs to develop some strategy in order to maximize return and liquidity and thereby also reduces risk among portfolio. The investment managers classify their portfolio on the basis of its operational efficiency, market opportunities, regulatory environment and prices of the investment products. The managers measure the balance between risk and return involved in the investment of portfolios. Managers choose the investment products based on the suitability of the customers' expectations and thereby rebalance the portfolio every year depending on the situation of market conditions. They also manage their portfolio through keeping the cost of assets at its minimum. Managers also consider implementation of tax while investing in different assets of the company. Conclusion Singapore Exchange Limited is one of the largest stock exchange company, deals in trading, clearing and settlement of securities and derivatives. Investors have many opportunities to maximize return through investing in SGX as it offers wide range of products and services to the investors. Bibliography Lim, S., 2015. Singapore Capital Markets For AusIMM Sydney, s.l.: s.n. morningstar, 2016. Singapore Exchange Ltd. [Online] Available at: https://financials.morningstar.com/income-statement/is.html?t=SPXCFregion=usaculture=en-US [Accessed 2016]. morningstar, 2016. Singapore Exchange Ltd. [Online] Available at: https://www.morningstar.com/stocks/XSES/S68/quote.html [Accessed 2016]. Raghuvanshi, G., 2016. Singapore Exchange Makes $ 103.4 million offer for Baltic Exchange. [Online] Available at: https://www.marketwatch.com/story/singapore-exchange-offers-1034-million-to-acquire-baltic-exchange-2016-08-04 [Accessed 2016]. sgx, 2016. About Derivatives. [Online] Available at: https://www.sgx.com/wps/portal/sgxweb/home/products/derivatives/about-derivatives/!ut/p/a1/jc69DoIwFAXgR-otxVLHItCfwWIKV-hiOhESRQfj84uGxUH0bCf5TnJIIB0JU3yMQ7yP1ymeXz3wE3Mq1caBFVhXIL3KE81rKvRmBv0MEilTDTvYKkUrMG2DhUTLSsv_28OXSPi1P5LwJlxAShMPVjmdgTSiYK3bU2zoA [Accessed 2016]. sgx, 2016. American Depositary Receipts. [Online] Available at: https://www.sgx.com/wps/portal/sgxweb/home/products/securities/adrs [Accessed 2016]. sgx, 2016. Exchange Traded Funds. [Online] Available at: https://www.sgx.com/wps/portal/sgxweb/home/products/securities/etfs [Accessed 2016]. sgx, 2016. Fixed Income. [Online] Available at: https://www.sgx.com/wps/portal/sgxweb/home/products/fixed_income/retail/!ut/p/a1/04_Sj9CPykssy0xPLMnMz0vMAfGjzOKNHB1NPAycDSz93S0MDDx9zAwCQ93dDNwNzIEKIpEVuLsbuhl4hoaEuTiGeRm7epkRp98AB3A0IKQ_XD8KnxIDfwN0BViciGZCmIE5UIG_U3BwWJhhoKsxVAEeRxbkhkYYZHqmAwAVG9IP/dl [Accessed 2016]. sgx, 2016. Products. [Online] Available at: https://www.sgx.com/wps/portal/sgxweb/home/products/derivatives/commodities [Accessed 2016]. sgx, 2016. Real Estate Investment Trusts Business Trust. [Online] Available at: https://www.sgx.com/wps/portal/sgxweb/home/products/securities/reits-bt [Accessed 2016]. sgx, 2016. Singapore Exchange. [Online] Available at: https://www.sgx.com/wps/portal/sgxweb/home/!ut/p/a1/04_Sj9CPykssy0xPLMnMz0vMAfGjzOKNHB1NPAycDSz9wwzMDTxD_Z2Cg8PCDANdjYEKIoEKDHAARwNC-sP1o8BK8JhQkBthkO6oqAgAzDYPQQ!!/dl5/d5/L2dBISEvZ0FBIS9nQSEh/ [Accessed 2016]. sgx, 2016. Stocks. [Online] Available at: https://www.sgx.com/wps/portal/sgxweb/home/products/securities/stocks [Accessed 2016]. sgx, 2016. Structured Warrants. [Online] Available at: https://www.sgx.com/wps/portal/sgxweb/home/products/securities/structured-warrants [Accessed 2016]. shareholder, 2014. ANNUAL REPORT, s.l.: s.n.

Who moved my cheese free essay sample

â€Å"Who moved my cheese? † is an allegorical story of how change is bound to happen in the life of every individual, especially in the work/business and personal life of every person. The story highlights 7 major steps in dealing with this change. The story itself is about two mice sniff and scurry and two humans, Hem and Haw, known as ‘little people’ – however they are still the same size as the mice. They lived in a maze with different sections. Their only purpose in the maze was to go in search of their favorite scarce food cheese. Now the maze represents the human environment that everyone lives in and the cheese represents the scarce resources we go in search of, for success or happiness in life. The various outlines in the maze represent the routes and strategies everyone employs in their quest for success and happiness. In the beginning of the story, the two mice – Sniff and Scurry paired together each day in search of cheese, whilst the little people – Hem and Haw did the same. We will write a custom essay sample on Who moved my cheese or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Because of the complex nature of the maze, the two groups are not very much aware of what the other is doing. So every day, very early in the morning they two groups put on their jogging suits and running shoes and went in search of cheese, using different routes. Whilst Sniff and Scurry relied on their simple rodent brain and instincts to find their way to the cheese, Hem and Haw on the other hand believed in their human ability to solve complex situations to make the discovery. One day the two groups finally found the scarce cheese they had been searching for in one of the stations marked cheese Station C. The two groups were each unaware of the others activities. Early each morning the two groups still went for their favorite cheese dressed in their jogging suits and running shoes. However it was not long before Sniff and Scurry stopped taking along their jogging suits and running shoes but only went there at their own pace in leisurely fashion to have their favorite cheese. Hem and Haw on the other hand, continued the same routine every morning, they only took off the running shoes and put them around their neck and enjoyed their cheese. Sniff and Scurry after a while with their mice brain, figured out that the cheese at some point in time will finally run out hence they started using other routes to find a new one as back up, whilst enjoying the cheese available but bearing in mind that the cheese is running out in Cheese Station C. Hem and Haw on the other hand had become comfortable, regarded the cheese as their property and did not think that it will ever run out, even though they had no idea how the cheese ended up in Cheese Station C. Then finally one day, the mice got to Cheese Station C to discover that the cheese was all gone, with their jogging suits and their running shoes in place, they continued from there to hunt for a new location for available cheese. When the humans got to Cheese Station C, and upon discovering the empty station, they were both disappointed and in shock. Hem was of the view that someone had moved their cheese so he encouraged them to keep coming back every day. He thought that they had been treated unfairly and needed compensation for the trouble, he also believed that they needed to stay put in Cheese Station C and work harder at looking for the cheese. Above all he also wanted to investigate the disappearance of the cheese in Cheese Station C. After several days of going back to Cheese Station C and after several attempts of Haw suggesting to Hem to start searching in a new place for new cheese, Haw finally made a decision to move on and step out in search of new cheese. He came to terms with the finished cheese and decided to go step out in search of new cheese. Haw on the other hand was still in denial and was afraid to step out in search of new cheese. Meanwhile, Sniff and Scurry on the other kept searching and searching till they discovered a new Cheese Station N and it was the biggest cheese discovery in their lifetime. Haw then steps out through the dark alleys of the maze in search of a new cheese station and left Hem behind. Haw journeyed in search of cheese and initially did not make it outright, but he persevered till he finally found what he was looking for. Enough cheese in Cheese Station N, the same discovery Sniff and Scurry had made. Whist on his journey to the new discoveries, Haw decided to write down some life lessons as he journeyed along. The lessons and short sayings he wrote on the walls form the basis for the 7 lessons for life in an ever changing scene of life. For the purposes of this course, the 7 lessons will be limited to Business. Change Happens – They Keep Moving the Cheese The first lesson in business is that change is bound to happen. There will never be a permanent good, perfect or smooth condition. The business world is always changing and new challenges will always come up. Have a general idea of how the business trend works. Anticipate change – Get Ready for The Cheese to Move By knowing that change is bound to happen, the next thing to do is to expect that some change is on the way. By so doing you will be prepared should anything happen, so that as a business person no one is overtaken by events. It means planning and putting away resources for a rainy day as well. Monitor Change – Smell the Cheese Often So You Know When It Is Getting Old It will be necessary to get update on the market trends, monitor competitors, and get to know what the competitors are doing differently. Look for new opportunities and the business cannot rest on its oasis. Capture the biggest market share and maintain it, by never being complacent. Brain storm and come up with new ways or idea of doing things when the old methods are ineffective or when times change and it cannot be relied upon. Adapt to Change Quickly – The Quicker You Let Go Of Old Cheese, the Sooner You Can Enjoy New Cheese. The decision maker(s) cannot be oblivious, blind to the current state of the business nor can they be in denial about the changes in the business. An assessment of what went wrong will be very necessary to know the current position and its current state. Then a projection into the future of where the business intends to go to can be made, for the way forward. Change – Move with the Change Implementation of the necessary plans would have to be put in place, which is the new idea(s) that has been derived from the brainstorming and monitoring stage would at this stage would be used to realize success. The business cannot be stuck; it will have to move forward hence old ways of doing things cannot be applied anymore in the situation. Enjoy Change – Savor The Adventure And Enjoy the Taste of New Cheese! With the right implementation, things are bound to change and some positive results will be achieved. At this stage the business does not act like it is still experiencing down times. It will be necessary to take some time off reduce the speed and enjoy the new found success. Though still bearing in mind that it is an adventure so the unexpected can happen again. Be Ready to Change Quickly and enjoy it Again – They Keep Moving the Cheese. Change once again is bound to happen so the organization would experience some changes and new challenges will always come up. However having in mind that change will happen is not the only thing that the business should be aware of, but being able to quickly put in place the right strategy when the change happens is very crucial. In conclusion, â€Å"Who Moved My Cheese† is a book about life and the business world where there is bound to be changes, because it is a cycle and a repetition of events. The major lesson is about being able to survive the business world by being vigilant and not allowing challenging events and changing trends to snuff out the business. However, with a vigilant attitude that forecasts and anticipates change, control and preempts situations, before they happen, any business will face challenges but will continue to stay in business and will grow from there.