The impact of regulatory requirements on systemically important banks: Global practices, evidence from Russia

Polyaminopolyamide-epichlorohydrin (PAE) resins are the predominant commercial products used to manufacture wet-strengthened paper products for grades requiring wet-strength permanence. Since their development in the late 1950s, the first generation (G1) resins have proven to be one of the most cost-effective technologies available to provide wet strength to paper. Throughout the past three decades, regulatory directives and sustainability initiatives from various organizations have driven the development of cleaner and safer PAE resins and paper products. Early efforts in this area focused on improving worker safety and reducing the impact of PAE resins on the environment. These efforts led to the development of resins containing significantly reduced levels of 1,3-dichloro-2-propanol (1,3-DCP) and 3-monochloropropane-1,2-diol (3-MCPD), potentially carcinogenic byproducts formed during the manufacturing process of PAE resins. As the levels of these byproducts decreased, the environmental, health, and safety (EH&S) profile of PAE resins and paper products improved. Recent initiatives from major retailers are focusing on product ingredient transparency and quality, thus encouraging the development of safer product formulations while maintaining performance. PAE resin research over the past 20 years has been directed toward regulatory requirements to improve consumer safety and minimize exposure to potentially carcinogenic materials found in various paper products. One of the best known regulatory requirements is the recommendations of the German Federal Institute for Risk Assessment (BfR), which defines the levels of 1,3-DCP and 3-MCPD that can be extracted by water from various food contact grades of paper. These criteria led to the development of third generation (G3) products that contain very low levels of 1,3-DCP (typically <10 parts per million in the as-received/delivered resin). This paper outlines the PAE resin chemical contributors to adsorbable organic halogens and 3-MCPD in paper and provides recommendations for the use of each PAE resin product generation (G1, G1.5, G2, G2.5, and G3).

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Values-Based and Global Systemically Important Banks: Their Stability and the Impact of Regulatory Changes After the Financial Crisis on it

Asia-Pacific Financial Markets ◽

10.1007/s10690-021-09332-w ◽

2021 ◽

Author(s):

Theresa Schäfer ◽

Sebastian Utz

Keyword(s):

Financial Crisis ◽

Financial Stability ◽

Social Impact ◽

Bank Stability ◽

Regulatory Changes ◽

The Difference ◽

The Impact ◽

Systemically Important Banks

AbstractWe study the financial stability of Values-Based Banks (VBBs) and Global Systemically Important Banks (GSIBs), and how regulatory changes in the aftermath of the financial crisis affected bank stability. These two types of banks allow contrasting an environmental and social impact banking approach to a conventional one. VBBs exhibit significantly higher financial stability before and during the financial crisis. However, regulatory changes in the aftermath of the financial crisis requiring higher capital buffer, have significantly affected GSIBs and rendered the difference in stability levels insignificant.

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Performance and Lightweight Thermoplastic Materials for Automotive Application using Hollow Microspheres

Key Engineering Materials ◽

10.4028/www.scientific.net/kem.611-612.859 ◽

2014 ◽

Vol 611-612 ◽

pp. 859-867 ◽

Cited By ~ 4

Author(s):

Awa S. Doumbia ◽

Denis Jouannet ◽

Thierry Falher ◽

Laurent Cauret

Keyword(s):

Glass Fibers ◽

Pilot Scale ◽

Melt Processing ◽

Hollow Microspheres ◽

Automotive Application ◽

Regulatory Requirements ◽

Innovative Design ◽

Passenger Vehicles ◽

Mineral Fillers ◽

The Impact

In recent decades, the weight of passenger vehicles has constantly increased. This leads to a rise in fuel consumption and higher CO2 emissions. On this basis, vehicle weight reduction is a privileged research axis to meet regulatory requirements on emissions by 2020. The current study is focused on the development of thermoplastic polymer used in the automotive sector. In fact, thermoplastic polymers allow innovative design and offer the advantage of being recycled for sustainable development purposes. Some lighter fillers were incorporated in this polymer by melt processing for weight saving benefits. We were interested mainly in hollow microspheres which are lower density than conventional mineral fillers (such as: talc, calcium carbonate, glass fibers etc ...). This study explores the impact of pilot-scale melt-processing on six (6) hollow microspheres embedded in high impact polypropylene commonly used for car bumpers. We found that two commercially available microspheres (grades iM30K and K37) withstand melt-processing successfully and reduce the polymer density.

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THE IMPACT OF BASEL III ON THE RUSSIAN BANKING SYSTEM

10.31453/kdu.ru.978-5-7913-1195-5-2021-198-205 ◽

2021 ◽

Author(s):

Danila Andreevich Yakovlev ◽

Keyword(s):

Financial Stability ◽

Banking System ◽

Banking Regulation ◽

Basel Iii ◽

Entire Country ◽

The Impact ◽

Systemically Important Banks

Currently, the issue of banking regulation is one of the most urgent due to the fact that the destabilization of this area can threaten the financial stability of the entire country. The Basel Agreements use common approaches to the capital of banks in different countries, they are formulated taking into account possible risks and the presence of systemically important banks. The article analyzes the impact of the Basel III standards on the banking system and assesses the impact of these standards on the development of the banking system.

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Sustainability Reporting Quality of Peruvian Listed Companies and the Impact of Regulatory Requirements of Sustainability Disclosures

Sustainability ◽

10.3390/su12031135 ◽

2020 ◽

Vol 12 (3) ◽

pp. 1135 ◽

Cited By ~ 3

Author(s):

Cristian R. Loza Adaui

Keyword(s):

Empirical Evidence ◽

Latin American ◽

Qualitative Content Analysis ◽

Reporting Quality ◽

Sustainability Reporting ◽

Third Party ◽

Regulatory Requirements ◽

Reporting Practices ◽

Sustainability Disclosure ◽

The Impact

Regulations establishing mandatory sustainability reporting practices are proliferating around the world. The empirical evidence comparing sustainability reporting quality (SRQ) in the context of mandatory and voluntary institutional frameworks does not show consensus. Similarly, this occurs with studies addressing the effects of regulatory shocks on SRQ. Moreover, empirical evidence addressing SRQ in Latin American countries is scarce. To fill this gap, this study aims to explore the consequences of introducing new regulatory requirements for sustainability disclosure on SRQ of Peruvian companies. To reach that goal, 81 sustainability disclosure documents published between 2014 and 2016 by 27 companies included in the S&P/BVL Peru General Index of Lima’s Stock Exchange were analyzed using qualitative content analysis methods and adopting a multidimensional approach for SRQ evaluation. The findings show a constant improvement of SRQ regardless of the introduction of the new regulatory requirements. Furthermore, after the entry into force of new sustainability reporting obligations, the number of companies providing third-party independent assurance of the information contained in their sustainability disclosure documents decreases, suggesting that for the Peruvian case, regulatory requirements tend to discourage companies to invest in the credibility of their sustainability disclosure documents, and promote a symbolic application of sustainability disclosure standards.

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Cost of Plug and Abandonment Operations in the Gulf of Mexico

Marine Technology Society Journal ◽

10.4031/002533207787442204 ◽

2007 ◽

Vol 41 (2) ◽

pp. 12-22 ◽

Cited By ~ 6

Author(s):

Mark J. Kaiser ◽

Richard Dodson

Keyword(s):

Gulf Of Mexico ◽

Regression Models ◽

Economic Returns ◽

Regulatory Requirements ◽

Technical Problems ◽

Production Wells ◽

A Site ◽

The Cost ◽

The Impact ◽

Hydrocarbon Reserves

To explore, delineate, and produce hydrocarbon reserves, holes must be drilled into geologic formations. During the course of production, wells may become inactive because of diminished economic returns or technical problems, and be shut-in or temporarily abandoned. At the end of the life of every well, the well will be permanently plugged and abandoned (P&A). The P&A process is the first stage of a decommissioning program in which a site is returned to its original greenfield status in accord with regulatory requirements. The purpose of this paper is to describe the factors that influence P&A operations and summarize cost statistics from a sample of 118 jobs and 390 wells performed by Tetra Applied Technologies in the Gulf of Mexico from 2002-2003. Descriptive statistics are summarized and the impact of learning and scale economies are examined. Regression models are derived that estimate the cost of P&A activities based on job characteristics.

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The Analysis on the Test of Impact Rolling on the Roadbed of HW

Advanced Materials Research ◽

10.4028/www.scientific.net/amr.368-373.3821 ◽

2011 ◽

Vol 368-373 ◽

pp. 3821-3824

Author(s):

Yong Ming He ◽

Zheng Jiang Ma

Keyword(s):

Experimental Method ◽

Regulatory Requirements ◽

Rolling Method ◽

The Impact

Use the experimental method to know if impact of rolling is suitable for the roadbed of Harbin to Wuchang. By Observation and analysis on the Settlement, the compactness and the deflection, it is known that all indicators Comply with regulatory requirements. Therefore, the impact of rolling method can be used.

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Dynamic Finite Element Analysis of Drum-Type Shipping Packages for Radioactive Materials

Volume 7: Operations, Applications and Components ◽

10.1115/pvp2012-78707 ◽

2012 ◽

Author(s):

Zenghu Han ◽

Vikram N. Shah ◽

Yung Y. Liu

Keyword(s):

Finite Element ◽

Structural Performance ◽

Type B ◽

Regulatory Requirements ◽

Radioactive Materials ◽

Structural Evaluation ◽

Test Conditions ◽

Physical Testing ◽

Lower Temperature ◽

The Impact

The US Department of Energy (DOE) often uses Type AF and Type B drum-type packages for shipment of radioactive materials (RAM), both of which shall be designed and certified to meet the regulatory requirements specified in 10 CFR 71, to ensure safety, public health and protection of environment. In particular for the hypothetical accident conditions (HAC) prescribed in 10 CFR 71.73, RAM packages are subjected to sequential tests of 30-ft drop, crush, puncture, engulfing fire, and water immersions. Packages shall maintain structural integrity of containment, radiation shielding, and criticality control following these HAC tests. The structural evaluation (i.e., drop, crush, and puncture) of packages should address different combinations of test conditions, such as drop orientations, sequence, temperature and payload during the drop, crush and puncture tests. The combinations to be considered are those which would produce most damage to the package, challenge the most vulnerable packaging components, and cause the most cumulative damages. The evaluation of the most damage should also consider the effects of fire and water immersions following the structural tests. In this paper, the structural evaluation details of two drum-type packages, Model 9979 Type AF and Model ES-3100 Type B(U)F, are discussed. The design and performance of these packages were evaluated by physical testing of full-size prototype units. However, it is not practical to account for the worst test conditions and sequence in physical testing. Therefore, confirmatory finite element analyses have been performed to determine whether the cumulative damage resulting from the worst test sequence and conditions is acceptable. It was found for the 9979 package, the corner drop followed by corner crush causes most damage, and most unfavorably challenges its split-ring closures; for the ES-3100 package, the containment vessel (CV) experiences maximum strain following the sequence of bottom-to-lid slapdown and side crush. Although a lower temperature does not compromise their structural performance, the ES-3100 CV does experience slightly more strain because the impact limiter imparts more impact load because of its higher stiffness at lower temperature. In summary, the confirmatory analysis results show that the structural performance of the packages meets the regulatory requirements.

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Research governance review of a negligible-risk research project: Too much of a good thing?

Research Ethics ◽

10.1177/1747016117739937 ◽

2017 ◽

Vol 14 (3) ◽

pp. 1-12 ◽

Cited By ~ 3

Author(s):

Amanda Rush ◽

Rod Ling ◽

Jane E Carpenter ◽

Candace Carter ◽

Andrew Searles ◽

...

Keyword(s):

Research Governance ◽

Research Projects ◽

Regulatory Requirements ◽

Research Activity ◽

Research Project ◽

Human Research Ethics ◽

Risk Research ◽

One Year ◽

Time Required ◽

The Impact

There are increasing concerns that research regulatory requirements exceed those required to manage risks, particularly for low- and negligible-risk research projects. In particular, inconsistent documentation requirements across research sites can delay the conduct of multi-site projects. For a one-year, negligible-risk project examining biobank operations conducted at three separate Australian institutions, we found that the researcher time required to meet regulatory requirements was eight times greater than that required for the approved research activity (60 hours versus 7.5 hours respectively). In total, 76 business days (almost four months) were required to obtain the necessary approvals, and site-specific processes required twice as long (52 business days/approximately 10 weeks) as primary Human Research Ethics Committee and Research Governance Office processes (24 business days/ approximately five weeks). We describe the impact of this administrative load on the conduct of a one-year, externally-funded research project, and identify a shared set of application requirements that could be used to streamline and harmonise research governance review of low- and negligible-risk research projects.

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A Study of Impact of Cloud Computing and Artificial Intelligence on Banking Services, Profitability and Operational Benefits

Turkish Journal of Computer and Mathematics Education (TURCOMAT) ◽

10.17762/turcomat.v12i6.3198 ◽

2021 ◽

Vol 12 (6) ◽

pp. 1617-1627

Author(s):

Sadhana Tiwari, Shashank Bharadwaj, Dr. Sunil Joshi

Keyword(s):

Artificial Intelligence ◽

Cloud Computing ◽

Business Models ◽

Mobile Banking ◽

Cloud Infrastructure ◽

Regulatory Requirements ◽

Banking Services ◽

Virtual Tools ◽

Confirmatory Factor ◽

The Impact

Banks have seen a convergence in end-customer banking interactions over the last decade, owing to IT-enabled solutions and services such as Core Banking, Online Banking, Mobile Banking, Wallet, Wallets Kiosk Banking. The evolution of IT in the banking industry supports both banks and their clients. Banks' business models are now centered on delivering consumer joy via IT-enabled solutions and services. Cloud technology allows banks to follow a digital paradigm for providing novel channels, reducing TAT to market new offerings, fulfilling consumer expectations, and adhering to regulatory requirements at a lower cost. In constantly evolving technical paradigms, cloud-based solutions offer a higher value proposition to IT solutions and services. Device administrators can remotely assemble, upload, customize, and execute virtual tools to manage a business solution using cloud infrastructure. Furthermore, cloud IT technology can be scaled up or down at any time based on planned use and specifications without incurring high costs. To assess the impact of cloud computing and artificial intelligence in operational and service advantage Confirmatory factor analysis (CFA) technique is used. The thesis demonstrates how well the measured variables reflect the number of constructs and whether the estimation hypothesis is confirmed or rejected.

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