The Next Wave of Global Anti-Money Laundering Enforcement
The financial-services industry has been disrupted and roiled by a perfect storm of forces. Complex regulatory-compliance requirements, aging legacy systems, dated operating models, digital innovation and fintech have rapidly changed the environment for many financial institutions worldwide. To further amplify the challenges for financial institutions globally, various regulatory bodies across the globe have enacted major legislative changes, increasing the pressure on boards and C-level executives significantly. Unlike previous years, this new regulatory focus on anti-money laundering (AML) can be seen globally as various regulatory regimes converge closer to a global standard as promulgated by the Financial Action Task Force (FATF). Increasing regulatory enforcement, geopolitical changes and record-setting monetary fines have made adequate AML risk management a significant challenge for financial institutions globally. In this environment, financial institutions need to become more risk agile and move from backwards looking compliance measures to proactive risk management. This book will showcase how to transform current AML compliance efforts into more dynamic risk management solutions that help protect financial institutions against bad actors and manage regulatory risk and exposure. Based on the author's global experience in helping financial institutions to manage their AML risks in 60+ jurisdictions, this book calls for greater urgency from boards and senior management, policymakers and AML risk practitioners to address looming risks. From corporate governance structures, tone at the top, to more efficient ways to quantify and manage risks, this book addresses key changes financial institutions must make to evolve from strict compliance to an agile risk management framework that actually addresses their AML risks in practical ways and shift the mind set from a cost center to a value creation center.
The Financial Abundance Blueprint
Discover the roadmap to attaining financial independence, growing your wealth, and climbing the corporate ladder--all while living your best life! In a world of instant gratification where the American Dream is quickly fading and the push toward entrepreneurship as a means of stability grows ever greater, let it be known that there is still a way to live abundantly on the 9 to 5. Tailored for trailblazing Black women and women of color, The Financial Abundance Blueprint blends personal anecdotes, actionable advice, and a touch of humor. From dispelling myths around building wealth to revealing corporate's unwritten rules, this transformative guide will teach you the basics of: Working systemically vs. smarter and harder Creating your personal brand Networking with mentors and colleagues Maximizing corporate benefits Starting a business or side hustle And more! Whether you're a Gen-Zer taking the first steps into adulthood or a millennial working your way through life, The Financial Abundance Blueprint is the perfect roadmap on the journey to achieving financial freedom!
Personal Finance in Plain English
Discover the ins and outs of personal finance--in a language you can actually understand--with these clear, straightforward definitions and explanations of all things finance from income and assets to credit, loans, and debt, to stocks, bonds, money markets, and more. The personal finance book you wished you had in school! Managing your money is not an easy job, and it's made even more complicated by the specific terminology used in personal finance. Reading through a loan agreement, credit card terms and conditions, or a stock market report can leave even the most financially responsible people wondering what exactly does this mean? Now, Personal Finance in Plain English has the answers. You'll find straightforward explanations of 350 personal finance terms ranging from banking and taxes to credit cards, student loans, and mortgages, to stock, cryptocurrency, retirement planning, and more. This quick, easy-to-use glossary teaches you what the term means, how the concept works, and how it is used. Read through the chapters for a solid primer in personal finance or refer to specific definitions as needed when reviewing your financial documents. Take control of your financial goals and master the complex language of finance with Personal Finance in Plain English.
Labor in the Age of Finance
From award-winning economic historian Sanford M. Jacoby, a fascinating and important study of the labor movement and shareholder capitalism Since the 1970s, American unions have shrunk dramatically, as has their economic clout. Labor in the Age of Finance traces the search for new sources of power, showing how unions turned financialization to their advantage. Sanford Jacoby catalogs the array of allies and finance-based tactics labor deployed to stanch membership losses in the private sector. By leveraging pension capital, unions restructured corporate governance around issues like executive pay and accountability. In Congress, they drew on their political influence to press for corporate reforms in the wake of business scandals and the financial crisis. The effort restrained imperial CEOs but could not bridge the divide between workers and owners. Wages lagged behind investor returns, feeding the inequality identified by Occupy Wall Street. And labor's slide continued. A compelling blend of history, economics, and politics, Labor in the Age of Finance explores the paradox of capital bestowing power to labor in the tumultuous era of Enron, Lehman Brothers, and Dodd-Frank.
Silver and Gold
Silver and Gold: Your Insurance Policy Against Monetary Debasement, the Global Debt Crisis, and Financial CollapseIn a world of rising debt, inflation, and financial instability, the value of money is rapidly eroding. Governments and central banks have abandoned sound monetary principles, printing trillions of dollars and leading the global economy toward an inevitable crisis. Silver and Gold: Your Insurance Policy Against Monetary Debasement, the Global Debt Crisis, and Financial Collapse is a must-read guide for anyone looking to protect their wealth and secure their financial future.This book explores the history of money, the dangers of fiat currency, and how gold and silver have outlasted every economic collapse in history. It examines: The decline of fiat currencies and why they always failHow governments manipulate money supply and inflate away wealthThe growing global debt crisis and its potential consequencesWhy central banks and nations are stockpiling goldThe risks of financial repression, capital controls, and potential gold confiscationHow to invest in and store gold and silver for maximum securityThe possibility of gold and silver returning as the foundation of a new monetary systemPacked with historical insights, economic analysis, and practical investment strategies, this book provides the tools and knowledge needed to navigate financial uncertainty. Whether you're an investor, a saver, or simply someone seeking to protect your purchasing power, this book will show you why gold and silver are the ultimate forms of financial insurance-and why now is the time to act.
The 10 New Life-Changing Skills
The earlier 3 Industrial Revolutions (3IRs) created blue collar and white-collar jobs, which required people to carry out instructions, not question authority and follow time tested systems and processes. Now, we are in the midst of the 4th Industrial revolution (4IR), also called Industry 4.0. It is creating 'green collar' jobs, which need people to 'think, reflect and act'. To develop these abilities and perform the green collar jobs efficiently, it is critical that professionals develop certain skills -the 10 new life-changing skills: 1. Creativity 2. Innovation 3. Critical Thinking 4. Framing the Right Question 5. Smart Problem-Solving 6. Lifelong Learning 7. Storytelling 8. Influence Without Authority 9. Humanness 10. Entrepreneurial Spirit. This book will introduce readers to these skills, which they can apply in their businesses and professions to come up trumps.
Make Money Easy
Align your financial goals with your Meaningful Mission to achieve lasting abundance and prosperity, from the host of School of Greatness. Are you tired of living paycheck to paycheck? Do you feel trapped by all your expenses every month? Do you wonder how some people enjoy financial peace and freedom while others seem stuck? Your relationship with money begins with having the right mindset. Until you learn how to shift your thoughts, feelings, and behaviors around money, you'll keep doing what you've always done. And get the same results. Leveraging insight gleaned from the many financial experts on the School of Greatness show, the latest research around the psychology of money, and his own journey to success, Lewis Howes offers the practical advice and mindset reframing to make the peace and fulfillment you desire a day-to-day reality. Lewis walks you through: Identifying your Money Style Connecting your money mindset with your Meaningful Mission7 Money Habits for financial peace and freedomOnce you are empowered with these tools, you will be able to make all the money you want--no matter your circumstances.
Constructing Insurable Risk Portfolios
Constructing Insurable Risk Portfolios offers a data-driven approach to devising risk retention programs that safeguard firms from a multitude of risks. Because firms face many risks, including fire damage to their buildings, liability from management misconduct, and external threats like cyber attacks, this book treats these potential liabilities as a "portfolio." Drawing inspiration from Markowitz portfolio theory, it leverages techniques from probability, statistics, and optimization to build algorithms that construct optimal risk insurable portfolios under budget constraints.Features: - Through engaging case studies and supporting statistical (R) code, readers will learn how to build optimal insurable risk portfolios.- The book illustrates a frontier that depicts the trade-off between the uncertainty of a portfolio and the cost of risk transfer. This visual representation, mirroring familiar Markowitz investment tools, enables informed decision-making and easy adoption by risk advisors.- The book lays the mathematical groundwork for constructing optimal insurable risk portfolios in an effective and aesthetically pleasing manner.- For those interested in the detailed mathematical aspects of insurable risk portfolio optimization, comprehensive proofs and derivations are available in an online supplement.This book equips students, academics, and practitioners with quantitative tools to analyze real-world risk portfolios. Additionally, it empowers financial analysts to provide data-driven insights that enhance their advisory roles for risk managers.
Don't Start a Side Hustle!
This book is the definitive guide to pivoting your life, working world, and entire mindset so you can join the wealthy unemployed and take back your time while making more money.
Leading with Empathy
Focusing on empathy as a key tool, this book examines the impact of hybrid working on staff mental health and how business leaders, managers, coaches and mentors can create a positive and motivated hybrid workforce.Part of the Business in Mind series, it is for anyone who is managing remote workers, whether individuals or teams. As the world of work has changed drastically since the Covid-19 pandemic with more staff working from home, the importance of nurturing staff well-being is more important than ever. Even though businesses are seeing the benefits of working at home, it can also create challenges. With the latest research and studies, this book explores practical ideas for finding the right working model and how to develop an appropriate leadership style. Uniquely, it discusses the neuroscience of stress to identify ways to improve workers' mental health and inform how managers can use this to create a positive work environment.
The History and Rebirth of the Remarkable Haile Gold Mine
The Haile Gold Mine in rural South Carolina dates from 1827, a generation before the California Gold Rush, and contains the largest gold deposit in the Eastern United States. The mine has been an important gold producer under several owners in different economic periods, and for most of the past 190 years has been the largest gold producer in the South. In 2017, it reopened after a $700 million investment by Canadian and Australian companies. The History and Rebirth of the Remarkable Haile Gold Mine tells the story of changing interpretations in the geology of the area, of the evolution in mining and gold-extraction technology, and of the transition from individual to corporate ownership and from slave labor to a highly-skilled workforce. It highlights the aspirations, struggles, successes, and failures of those who sought to exploit the mine's wealth and of the workers employed to do so while providing a case study of the 10-year effort to explore, develop, finance, and permit a modern gold mine. Far more than nostalgia, this book is a business-focused look at the economics of gold mining over the years with an emphasis on how changes in the metal price and investor sentiment as well as the involvement of environmental regulations and organizations impact mining decisions as much as refinements in geophysics and processing technology.
Correlation of Wisdom & Wealth - Learn the Proper Way of Equity Investment
Global Trends in Job Polarisation and Upgrading
This open-access book offers a comparative analysis of changes in employment structures on a global scale, focusing on employment trends during the first decades of the 21st century across 17 developed and developing economies, including countries from Europe, North America, Central and Latin America, and Asia. The authors examine patterns of occupational change in all cases, with job upgrading and polarization being the most prevalent, and explore the factors driving these changes, such as technological change, the increased participation of women, the growth of service-oriented sectors, and others. Particular attention is given to the impact of the COVID-19 pandemic on employment. By applying consistent methods across all countries, the book provides a comprehensive understanding of employment dynamics and trends worldwide, representing one of the most significant efforts to produce comparative evidence on a global scale to date. As such, it will be of interest to researchers and policymakers focused on labor, inequality, and economic development.
