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The training program offers an outlook on the role and functioning of financial control – in association with the management of public funds and the implementation of fiscal policy.
The Convention on the Rights of Persons with Disabilities (CRPD) which entered into force in 2008, a legally binding instrument which has been widely ratified, is grounded on the human rights-based approach, moving away from previous models on how to approach disability, in particular the so-called medical model. This change is profound and is therefore often defined as a paradigm shift.
Transparency in public finance is a constant preoccupation of modern administrations and citizenries, as the publicity of public expenditure and borrowing, the uniformisation of national accounts, citizen participation in government decisionmaking, and the introduction of various forms of control of government activity have become the rule rather than the exception in all geographies.
This course on the Fundamentals of Risk Management is designed to present the content and the tools of modern financial risk assessment and management. It aims at satisfying the needs for credit risk training especially in developing countries and emerging markets, some of which have experienced or have been affected by several financial crises during the last two decades.
The derivative markets are the financial markets for derivatives, financial instruments like futures contracts or options, which are derived from other forms of assets. The market can be divided into two, that for exchange traded derivatives and that for over-the-counter derivatives.
Public procurement is the acquisition of goods, services, and works by a public “authority” or “body”. Transactions of this nature are public undertakings and, therefore, they are governed by Civil, Community, or International Law. Constituting one of the main expenditures of government in developing countries, the importance of public procurement cannot be denied.
This course serves as an introduction to central banking and monetary policy. We, the public, accept as money (M): notes and coins (N&C) and bank deposits (BD). In other words we accept N&C and BD as the means of payments / medium of exchange.
With the FATF revised recommendations in 2012, requirements to combat money laundering and terrorist financing have been specifically strengthened in areas with higher risks or where implementation could be enhanced. Financial institutions and other designated sectors are required to adopt a risk-based approach to apply their resources to higher risk areas.
The essence of international financial governance consists of providing support to the international monetary system that is predictable and stable and that facilitates payments for international economic transactions.
Water is every living organism’s common denominator. Societies depend on it for their own subsistence and growth, and go great lengths to ensure water secure futures. But freshwater is not, in essence and in practice, an egalitarian resource and its accessibility to some often means inaccessibility to others.