Document library
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- Author:
- Joint Money Laundering Steering Group
Prevention of money laundering / combating the financing of terrorism. Guidance for the UK financial sector, Part 1
In the UK, there has been a long-standing obligation to have effective procedures in place to detect and prevent money laundering. Many of the procedures which will be appropriate to address these obligations are similar, and firms can often employ the ... read more >>
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- Author:
- Joint Money Laundering Steering Group
Prevention of money laundering / combating the financing of terrorism. Guidance for the UK financial sector, Part 2
In the UK, there has been a long-standing obligation to have effective procedures in place to detect and prevent money laundering. Many of the procedures which will be appropriate to address these obligations are similar, and firms can often employ the ... read more >>
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- Author:
- Jon Exley; Andrew Smith
- Source:
- British Actuarial Journal [BAJ] (2006) 12: 229-301
The cost of capital for financial firms
Most businesses have assets financed by capital providers. The cost of capital is a measure of the returns required by those capital providers. Its main use is to set a target for the profits, which must be achieved on the firm's assets in order to satisfy ... read more >>
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- Author:
- A C L Dyson; J Exley
- Source:
- British Actuarial Journal [BAJ] (1995) 1(3): 471-557
Pension fund asset valuation and investment
The theoretical basis for, and practical application of, the discounted income method for valuing UK pension fund assets is discussed, with particular reference to the widely adopted application to variable income (equity type) assets, as proposed by ... read more >>