One of the 10 amendments Essay Example | Topics and Well Written Essays - 500 words

One of the 10 amendments - Essay Example Such amendments appear all the more relevant when we consider United States as a flag bearer of human rights and the government of the day tries to make sure that countries around the globe adhere to such a policy and this becomes an internationally accepted norm. The UN Human Rights day and the guidelines put forward by the United Nations for the nations of the world to follow towards ensuring the human rights of their citizens is a testimony of the importance of such rights. Freedom of Speech, Press, Religion and Petition; Right to keep and bear arms; Conditions for quarters of soldiers; Right of search and seizure regulated; Provisions concerning prosecution; Right to a speedy trial, witnesses, etc.; Right to a trial by jury; Excessive bail, cruel punishment; Rule of construction of Constitution; Rights of the States under Constitution Though some countries had such rights included in their constitution prior to US, but most of the nations were subsequently guided by these amendments towards protecting their citizens. But the passage of the Bill of Rights in US was also criticized by some congressmen in the early stages of its introduction.

Financial Risk Management Assignment Example | Topics and Well Written Essays - 1500 words

Financial Risk Management - Assignment Example 141). In this paper, Deutsche Bank, AG will be the organization that will be analyzed for its risk management and risk types it confronts. The types of risks that Deutsche Bank faces include: Credit risk: Credit risks come up from all dealings where concrete, conditional or possible claims in opposition to any counterparty, debtor or obligor. Deutsche Bank jointly refers to these parties as counterparties, as well as those claims that the bank plans to allocate (Deutsche Bank, 2011, p. 13). The dealings done on this risk are normally part of our conventional non-traded loaning operations like advances and provisional liabilities, or the direct exchange activity with clients like OTC byproducts, FX advances and forward rate agreements. Market risk: Market risk can be described as the likelihood for adjustment in the market worth of the bank’s exchange and investing positions Deutsche Bank, 2011, p. 14). Risk could come up from contrary alterations in interest rates, credit spre ads, foreign exchange tolls, equity costs, prices of goods and other pertinent parameters like market instability and market indirect default possibilities. The bank distinguishes amid three considerably dissimilar sorts of market risks. Operational risk: Operational risk is the likelihood for failure, as well as authorized risk, with regard to workers, predetermined conditions and records, expertise, substructure failure and crises, powers from outside the bank and client relationships. Operational risks do not include business and reputational risk Deutsche Bank, 2011, p. 13). Liquidity risk: Liquidity risk is the risk coming from Deutsche Bank’s potential incapacity to meet every responsibility when they arise because of simply being able to meet these duties at excessive expenses Deutsche Bank, 2011, p. 14). Business risk: Business risk describes the risk that Deutsche Bank presumes because of potential adjustments in overall business necessities the bank’s market environment, clientele actions and technological development. This could have an impact on the results of the bank is they do not change rapidly to these adjusting circumstances. Additionally, Deutsche Bank also encounters some other sorts of risks under the business risk category. They include reputational risk, insurance-specific and concentration risk. These risks are considerable linked to one or more of the stated risk sorts Deutsche Bank, 2011, p. 13). Reputational risks: With Deutsche Bank’s risk management procedures, the bank is able to describe reputational risk that advertising regarding dealing, counterparty or business parties engaging a customer will destructively affect the community’s faith in Deutsche Bank. A number of strategies and guidelines create the outline of the bank’s reputational risk management. The main accountability for the recognition, escalation and solution of reputational risk problems are inherent with the trading sector Deuts che Bank, 2011, p. 15). The risk management departments help and recommend the business sectors in determining that reputational risk issues are properly recognized, intensified and handled. Insurance-specific risk: Deutsche Bank’s disclosure to insurance risk is associated with Abbey Life Assurance Company Limited and the described advantage pension obligations of Deutsche Bank Group. The risk management of Deutsche Bank considers insurance-associated threats