scholarly journals The Key Role of the Financial Regulation in FinTech Ecosystem: A Model Validation

2021 ◽  
Vol 39 (12) ◽  
Author(s):  
Mohammad Fahmi Arkanuddin ◽  
Ferdinand D. Saragih ◽  
Bernardus Yuliarto Nugroho
Keyword(s):  
Credit Risk ◽  
Consumer Protection ◽  
Financial Regulation ◽  
Financial Institution ◽  
Rapid Development ◽  
Big Data Analytics ◽  
Disruptive Innovation ◽  
Protection Agency ◽  
The Stability

The objective of this research is for describing the key role of financial (FinTech) regulation to manage the risks, keep-up the balance and stability of FinTech ecosystem from the highest impact of risks’ in this industry. FinTech lending has grown rapidly in recent years in many countries and becomes a promising business model in the future, because it is a disruptive innovation to today's financial and banking markets. The rapid development of FinTech lending due to the use of internet-based mobile application platforms, so that it is easily accessible by anyone and anywhere, it encourages an increase in lending to the customers, however credit risk (although absorbed by lenders or investors, still indirectly affects the platform operators), experienced an increase due to non performing loan or NPL. The increase in NPL is an important concern for FinTech lending industry stakeholders, and if it is not addressed it will disrupt the FinTech ecosystem, let alone cause systemic risk, it will be the toughest disturbance in the stability of the FinTech ecosystem, considering that the risk of FinTech lending has a significant influence on the FinTech ecosystem, so that if the level of risk increases, it affects the FinTech ecosystem, this condition requires the key role of financial (FinTech) regulation that can mitigate risk, because financial (FinTech) regulation has a very strong correlation or relationship, so that it can mitigate the risks faced. Another key role of financial (FinTech) regulation is to strengthen the FinTech ecosystem, with new elements needed by the industry and encourage the industry to develop the concept of ecosystem-based risk management in this industry, because it is believed that this concept can mitigate risk as well. Fundamental risks in the FinTech lending industry include: (i) credit risk, (ii) operational risk and (iii) liquidity risk, meanwhile pandemic risk is a new element that is also being investigated, the results of the study show that pandemic risk has a positive correlation with start-up FinTech companies, this means that a pandemic still allows this industry to develop and grow. Financial (FinTech) regulation as a key role is supported by 2 (two) main rules, namely (i) regulatory and (ii) supervisory and 2 (two) complementary provisions to strengthen regulations related to IT process support, namely big data analytics, automation & robotics and FinTech consumer protection agency. The FinTech ecosystem also needs to be strengthened, with new elements needed to exist, such as credit insurance institutions that stand alone and are separated from traditional financial institution element and FinTech consumer protection agency.

scholarly journals PLACE OF CUSTOMS PAYMENTS IN THE COUNTRY'S BUDGET

2020 ◽  
pp. 319-324
Author(s):  
T.M. Asanaliev ◽  
K. Stalbek uulu ◽  
A.K. Toktalieva
Keyword(s):  
Foreign Trade ◽  
Rapid Development ◽  
Agricultural Products ◽  
Kyrgyz Republic ◽  
Foreign Countries ◽  
Import And Export ◽  
The Government ◽  
The Stability ◽  
Favorable Conditions

In a market economy, the role of customs payments is great and their functions are diverse. These functions are closely related to the country's economy. To fulfill the fiscal function, the customs authorities transfer to the budget an amount that is approximately 30-35% of the total income of our state, more precisely, it goes to the budget with over 42 billion soms per year. Also, in order to protect domestic producers, the domestic market and preserve the stability of the country, the Government of the Kyrgyz Republic issues appropriate decrees aimed at regulating the import and export of goods by increasing or decreasing the rates of import customs duties. This is the protectionist function of customs payments. Examples are the introduction of regulations on imported sugar products, the introduction of customs duties on agricultural products - corn, barley. The accession of the Kyrgyz Republic to the WTO in 1998 created favorable conditions for the rapid development of foreign trade. On this basis, the number of agreements concluded by foreign trade entrepreneurs of the Kyrgyz Republic with foreign partners is growing every year. This, of course, will strengthen the Kyrgyz Republic's ties with foreign countries and strengthen the unity of the two peoples.

scholarly journals Meeting Report: Vaccine Stability Considerations to Enable Rapid Development and Deployment

AAPS Open ◽  
2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Mark Alasandro ◽  
Dilip Choudhury ◽  
Kim Huynh-Ba ◽  
Jianmei Kochling ◽  
Christopher Latoz ◽  
...  
Keyword(s):  
Vaccine Development ◽  
Rapid Development ◽  
Regulatory Agencies ◽  
Meeting Report ◽  
Vaccine Type ◽  
Health Care Leaders ◽  
Vaccine Stability ◽  
The Stability ◽  
Vaccine Distribution

AbstractThe Stability Community of the American Association of Pharmaceutical Scientists (AAPS) held a virtual workshop on “Vaccine Stability Considerations to Enable Rapid Development and Deployment”, on March 24-25, 2021. The workshop included distinguished speakers and panelists from across the industry, academia, regulatory agencies, as well as health care leaders. This paper presents a review of the topics covered. Specifically the challenges in accelerating vaccine development and analytical characterization techniques to establish shelf-life were covered. Additionally, vaccine stability modeling using prior knowledge stability models and advanced kinetic analysis played a key in the EUA approaches discussed during the workshop. Finally, the role of stability studies in addressing the challenges of vaccine distribution and deployment during the pandemic were a focus of presentations and panel discussions.Although the workshop did not have any presentation topics directly dedicated to the mRNA vaccines, the techniques discussed are generally applicable. The mRNA vaccine developers were represented in the panel discussions, where experts involved in the EUA approval/deployment stages for this vaccine type could discuss the challenges as applied to their vaccines.

scholarly journals PERAN ACCOUNT OFFICER DALAM MANAJEMEN PEMBIAYAAN DI BANK PEMBIAYAAN RAKYAT SYARIAH DAYA ARTHA MENTARI PANDAAN PASURUAN

2019 ◽  
Vol 10 (2) ◽  
pp. 201-220
Author(s):  
Nur Lailatus Sya’adah ◽  
Aslikhah
Keyword(s):  
Financial Institutions ◽  
Financial Institution ◽  
Rapid Development ◽  
Islamic Banking ◽  
Employment Opportunities ◽  
Middle Classes ◽  
Business Units ◽  
Islamic Financial Institutions ◽  
Muslim Communities

In the current era of globalization era , more and more Islamic financial institutions are experiencing very rapid development, especially among Muslim and non-Muslim communities. In Islamic banking, there are various kinds of financial institutions including sharia commercial banks, sharia business units, and  BPRS . One of the financial institutions that we will examine is PT. Bank Syariah Daya Artha Mentari Pandaan, which is an Islamic financial institution that is Islamic in nature and is in line with its mission to mobilize funds so that it can be reached by the lower and middle classes to develop employment opportunities, organize funds so that they can grow and develop well in people's lives and state development. BPRS Daya Artha Mentari Branch Pandaan has a variety of products, especially in terms of financing (lending) and funding (funding).In carrying out a financing of PT. BPRS Daya Artha Mentari Pandaan is carried out by an Account Officer who plays a role in managing financing, namely from the beginning of the submission of funds, disbursement, supervision and settlement of financing. And in a financial institution there is usually a financing that has problems both low and heavy levels. The purpose of this study was to determine the role of Account Officer in financing management at the BPRS Daya Artha Mentari Pandaan. Data collection in this study using observation, interviews and documentation. The location of the research was carried out at PT. BPRS Daya Artha Mentari Pandaan, concluded that the role of an Account Officer in financing management is to carry out the financing process that occurs at PT. BPRS Daya Artha Mentari Pandaan starts from submission, completes financing memo, submits complete requirements (in the form of BPKB guarantee, photocopy of BPKB guarantee, copy of KK, photocopy of marriage certificate, photocopy of STNK, photocopy of SHM certificate) then survey by Account Officer , submitted to the Director, and the last is disbursement. And the Account Officer strategy to overcome the risk of problematic financing is to do rescheduling, give summons when the customer has not paid installments for 3 months, the summons will be given up to the next 3 months and make collateral withdrawals as stated in the contract.

Difficulties of the Financial Reform in the USA

2013 ◽  
pp. 147-158
Author(s):  
V. Kulakova
Keyword(s):  
Economic Policy ◽  
Consumer Protection ◽  
Financial Regulation ◽  
Financial Reform ◽  
Wall Street ◽  
Political Sciences ◽  
Consumer Protection Act ◽  
The Usa ◽  
Major Factors ◽  
International Financial Regulation

We study the reform of financial regulation initiated by the Dodd—Frank Wall Street Reform and Consumer Protection Act of 2010. Major factors impeding Obama’s financial and economic policy are explored, including institutional difficulties, party warfare, lobbyism, and systemic inconsistencies of international financial regulation. We also examine challenges that are being faced by economic and political sciences due to the changes in financial regulation and also assess the level of radicality of the financial reform.

A Statistical Study of Process Variables to Optimize a High Speed Curtain Coater: Part I

TAPPI Journal ◽  
2009 ◽  
Vol 8 (1) ◽  
pp. 20-26 ◽  
Author(s):  
PEEYUSH TRIPATHI ◽  
MARGARET JOYCE ◽  
PAUL D. FLEMING ◽  
MASAHIRO SUGIHARA
Keyword(s):  
Boundary Layer ◽  
Experimental Design ◽  
High Speed ◽  
Statistical Study ◽  
Process Variables ◽  
High Speeds ◽  
The Stability ◽  
Air Removal ◽  
Removal System

Using an experimental design approach, researchers altered process parameters and material prop-erties to stabilize the curtain of a pilot curtain coater at high speeds. Part I of this paper identifies the four significant variables that influence curtain stability. The boundary layer air removal system was critical to the stability of the curtain and base sheet roughness was found to be very important. A shear thinning coating rheology and higher curtain heights improved the curtain stability at high speeds. The sizing of the base sheet affected coverage and cur-tain stability because of its effect on base sheet wettability. The role of surfactant was inconclusive. Part II of this paper will report on further optimization of curtain stability with these four variables using a D-optimal partial-facto-rial design.

Role of Media in Consumer Protection

2011 ◽  
Vol 3 (8) ◽  
pp. 402-404
Author(s):  
D. Vanisree D. Vanisree ◽  
Keyword(s):  
Consumer Protection

The Role of Hydrophobicity in the Stability and pH-Switchability of (RXDX)4 and Coumarin-RXDX Conjugate β-Sheets

2020 ◽  
Author(s):  
Ryan Weber ◽  
Martin McCullagh
Keyword(s):  
Biological Imaging ◽  
Ph Sensing ◽  
Hydrophobic Residue ◽  
Ideal Candidate ◽  
Self Assembling ◽  
Sensing Applications ◽  
Β Sheets ◽  
The Stability ◽  
Dynamics Simulations

<p>pH-switchable, self-assembling materials are of interest in biological imaging and sensing applications. Here we propose that combining the pH-switchability of RXDX (X=Ala, Val, Leu, Ile, Phe) peptides and the optical properties of coumarin creates an ideal candidate for these materials. This suggestion is tested with a thorough set of all-atom molecular dynamics simulations. We first investigate the dependence of pH-switchabiliy on the identity of the hydrophobic residue, X, in the bare (RXDX)<sub>4</sub> systems. Increasing the hydrophobicity stabilizes the fiber which, in turn, reduces the pH-switchabilty of the system. This behavior is found to be somewhat transferable to systems in which a single hydrophobic residue is replaced with a coumarin containing amino acid. In this case, conjugates with X=Ala are found to be unstable and both pHs while conjugates with X=Val, Leu, Ile and Phe are found to form stable β-sheets at least at neutral pH. The (RFDF)<sub>4</sub>-coumarin conjugate is found to have the largest relative entropy value of 0.884 +/- 0.001 between neutral and acidic coumarin ordering distributions. Thus, we posit that coumarin-(RFDF)<sub>4</sub> containing peptide sequences are ideal candidates for pH-sensing bioelectronic materials.</p>

Metal-Metal Cooperative Bond Activation by Heterobimetallic Alkyl, Aryl, and Acetylide PtII/CuI Complexes

2020 ◽  
Author(s):  
Shubham Deolka ◽  
Orestes Rivada Wheelaghan ◽  
Sandra Aristizábal ◽  
Robert Fayzullin ◽  
Shrinwantu Pal ◽  
...  
Keyword(s):  
Alkyl Group ◽  
Bond Activation ◽  
Bond Cleavage ◽  
Terminal Alkyne ◽  
Alkyl Aryl ◽  
Metal Metal ◽  
The Stability ◽  
Selective Formation ◽  
Organoplatinum Compounds

We report selective formation of heterobimetallic PtII/CuI complexes that demonstrate how facile bond activation processes can be achieved by altering reactivity of common organoplatinum compounds through their interaction with another metal center. The interaction of the Cu center with Pt center and with a Pt-bound alkyl group increases the stability of PtMe2 towards undesired rollover cyclometalation. The presence of the CuI center also enables facile transmetalation from electron-deficient tetraarylborate [B(ArF)4]- anion and mild C-H bond cleavage of a terminal alkyne, which was not observed in the absence of an electrophilic Cu center. The DFT study indicates that the role of Cu center acts as a binding site for alkyne substrate, while activating its terminal C-H bond.

Sign in / Sign up

Export Citation Format

Share Document