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Problem:
(a) The Mauritius Automated Clearing and Settlement System (MACSS) is the Mauritian Real-time Gross Settlement (RTGS) system.
(i) Outline briefly the concept of RTGS.
(ii) Name the three main system components of the MACSS.
(iii) Explain how the S.W.I.F.T. FIN Y-Copy works.
(iv) Within the context of MACSS, explain what you understand by the term "Contingency Event" and list two main potential types of Contingency event.
(v) When does a MACSS application event occur?
(b) Cryptography is used to protect data from theft or alteration and for user authentication. Outline the three general types of cryptographic schemes used to accomplish these goals.
(c) What is Electronic Data Interchange?
(d) Fedwire, CHIPS and SWIFT are the three wire-transfer systems used in the United States.
(i) Outline the main differences among these three wire-transfer systems.
(ii) Explain how money launderers try to use wire transfers to launder money.
Question : (a) Electronic banking can be defined as "the automated delivery of new and traditional banking products and services directly to customers through electronic, int
What is legal and procedural aspects?
The following information is given for Burgundy Plc. The before tax rate on debt is 10%, whereas the required return on equity is 20%. The total amount in use (equity + debt), V, i
a) Explain what you understand by ‘Branding'? b) A ‘Corporate identity' is often viewed as being composed of three parts; state them giving two examples of each. c) ‘Corpo
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explain key assumptions of Baumol cash management model
what will be impact on the operating leverage of a firm if it proceeds for additional borrowings
You are the Executive Director for the brand new Burkina Faso field office of a U.S.- based not-for-profit organization called Paper for All that distributes academic resources fo
To determine Henkel''s corporate beta, unlever (and relever) the ordinary least squares (OLS) market betas for each company in the European Household and Personal Care segment. Pri
Question: (a) (i) Introduction and development- negative cash flows, low turnover, large overheads due to marketing expenses, marketing mix includes sales promotion.
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