How does the diamond industry promote responsible trading practices? To promote the trading of diamonds from legitimate sources and to ensure that consumers can be confident in their diamond jewellery purchases, governments, NGOs and the international diamond industry have worked together to implement a ‘certificate of origin’ system, known as the Kimberley Process: The Kimberley Process is a certification system that prevents diamonds from an area of conflict entering the legitimate diamond supply
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The law of insider dealing is comprehensive in proving contravention of ordinance by covering five essential elements, including mental intention, connected persons, relevant information, dealings of securities or derivatives and securities. However, execution is difficult in Hong Kong. This report aims to investigate the causes for the low effectiveness of the law. It begins by defining the law of insider dealing, followed by analyzing the credits and defects of the existing law. It then
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orchestrated crime was brought to your attention by the information security analysts in your department and by a growing number of business customers. Your company’s commercial customers utilize a digital certificate multifactor authentication process to access wire transfers, cash management, deposit operations, and account management applications common to all business customers. The problem is that several customers have reported that new user accounts have been set up under their names without
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E-commerce means it does a business transaction like buying and selling of product and service between services and consumers conduct over the web. Every transaction is made without used any paper document. Electronic commerce operates in all four of the major market segment: business to business (B2B), business to consumer (B2C), consumer to consumer (C2C) and consumer to business (C2B). E-tailing is the traditional retailer. E-tailing is business to customer (B2C) typed business model. There are three
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going internationally is only for large companies. It might be true, it might not. It is because a large company has strong financial health to deal with every transaction, and they are experience enough to foresee the upcoming threats might happen. It is not because it is always a chance for everybody. Obviously, when it come to international platform, it becomes a part of global market, there would be a lot of requirements for a company to meet. The quality of the product has to be sustain, in order
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on the disposal of such assets, although they do acknowledge that each case will depend on fact and circumstance. The draft determination basically states that where a foreign private equity entity that is not in a treaty country carries on a business of deriving a profit from the sale of an Australian asset then the profit is ordinary income under section 6-5 of the ITAA 1997 which is taxable in Australia and is not exempt as a capital gain. Whether a private equity entity can make an income
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EBAY INC FORMReport) 10-K (Annual Filed 01/31/14 for the Period Ending 12/31/13 Address Telephone CIK Symbol SIC Code Industry Sector Fiscal Year 2065 HAMILTON AVENUE SAN JOSE, CA 95125 408-376-7400 0001065088 EBAY 7389 - Business Services, Not Elsewhere Classified Retail (Catalog & Mail Order) Services 12/31 http://www.edgar-online.com © Copyright 2014, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. UNITED
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Business Ethics Columbia Southern University Business ethics has become a key component in our economic relations and trade industry internationally. Ethics are defined as “how human beings should properly live their lives” (Hartman, DesJardins, & MacDonald, 2014, p. 11). Business ethics are the policies and practices that are applied in the professional or business environment, especially when dealing with controversial issues. The approach to business ethics is diverse and has many interpretations
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Senator Paul Sarbanes and Congressman Michael Oxley. The purpose for drafting and passing the Sarbanes-Oxley legislation was to protect investors by improving the accuracy and reliability of corporate disclosures in accordance with existing securities laws, and to encourage and enable corporate executives to be more ethical and socially responsible when conducting business (Bawa, 2004). In other words, the Act’s measures were to strengthen the reporting requirements that already existed for publicly
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networks to other computers. Should confidential information about a businesses customers or finances or new product line fall into the hands of a competitor, such a breach of security could lead to lost business, law suits or even bankruptcy of the business. Protecting confidential information is a business requirement, and in many cases also an ethical and legal requirement. For the individual, information security has a significant effect on Privacy, which is viewed very differently in different cultures
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