The illicit practice of money laundering (ML) poses global challenges, causing harmful repercussions for society. Legislators worldwide have placed financial institutions at the forefront of initiatives aimed at preventing ML. Even with the adoption of Anti-Money Laundering (AML) measures, financial institutions continue to face challenges in combating illicit financial activity. Prior investigations primarily concentrated on evaluating the regulatory framework itself, leaving gaps in understanding other aspects causing ineffective AML efforts. Going further in-depth, this study aims to explore how institutional pressure leads to ineffective ML prevention within Finnish financial institutions. To address these challenges, the institutional theory and several concepts supported the exploration of the institutional environment, with due consideration given to social constructs. Furthermore, a qualitative approach is employed due to the exploratory nature of this study. It consists of the analysis of both classified and public official documents from the Finnish Financial Supervisory Authority (FIN-FSA), interviews held with representatives actively involved in financial institutions' AML efforts, and other official AML guidelines. The findings of this study acknowledge the suboptimal regulatory pressure and reveal instances of data deficiencies. However, the social context emerged as the most influential factor, highlighting the gap between AML efforts and ML activities.

The prevalence of the money laundering crime has prompted the introduction of customer due diligence (CDD) measures. CDD measures facilitate the prevention of money laundering and promote the introduction of certain detective skills. Several international institutions champion the introduction of the detective skills in general and the performing of CDD measures in particular. These institutions acknowledge the cumbersome (administrative and financial) effects of introducing the detective skills and the performing of CDD measures. However, these institutions concedes that the aforementioned burden can be alleviated or lessened if the institutions that are responsible for performing CDD measures, i.e. Accountable Institutions (AIs), can exchange and rely on third parties’ (CDD) data. The exchange and reliance on third parties’ data must however consider the divergent threats or risks that might be associated with the data or third parties. The view regarding the exchanging and relying on third parties’ data is shared by, amongst others, the FATF and the UK. However, South Africa appears to be lagging behind in this respect. In other words, the South African FICA and FICA Regulations omit to encapsulate express and lucid provisions permitting the exchanging and relying on third parties’ data for purposes of performing CDD measures. The aforementioned omission, it is argued, creates a legal vacuum in the South African scheme of anti-money laundering. In other words, the aforesaid vacuum lives the South African AIs in a state of doubt regarding the manner and extent of exchanging and relying on third parties’ data. However, the aforesaid vacuum, this study concedes, can be rectified by introduction provisions that are line with the draft Regulation 5A and 5B that are proposed in chapter seven of this study. / Jurisprudence / LL. M.

The prevalence of the money laundering crime has prompted the introduction of customer due diligence (CDD) measures. CDD measures facilitate the prevention of money laundering and promote the introduction of certain detective skills. Several international institutions champion the introduction of the detective skills in general and the performing of CDD measures in particular. These institutions acknowledge the cumbersome (administrative and financial) effects of introducing the detective skills and the performing of CDD measures. However, these institutions concedes that the aforementioned burden can be alleviated or lessened if the institutions that are responsible for performing CDD measures, i.e. Accountable Institutions (AIs), can exchange and rely on third parties’ (CDD) data. The exchange and reliance on third parties’ data must however consider the divergent threats or risks that might be associated with the data or third parties. The view regarding the exchanging and relying on third parties’ data is shared by, amongst others, the FATF and the UK. However, South Africa appears to be lagging behind in this respect. In other words, the South African FICA and FICA Regulations omit to encapsulate express and lucid provisions permitting the exchanging and relying on third parties’ data for purposes of performing CDD measures. The aforementioned omission, it is argued, creates a legal vacuum in the South African scheme of anti-money laundering. In other words, the aforesaid vacuum lives the South African AIs in a state of doubt regarding the manner and extent of exchanging and relying on third parties’ data. However, the aforesaid vacuum, this study concedes, can be rectified by introduction provisions that are line with the draft Regulation 5A and 5B that are proposed in chapter seven of this study. / Jurisprudence / LL. M.

Après une étude théorique, puis modélisée, de l'analyse d'une image dans le plan focal d'un télescope par un détecteur à deux dimensions (chapitre 1) et un bref rappel de physique du solide (chapitre 2) on étudie un détecteur infrarouge bidimensionnel de 32x32 l'IRCCD. La description d'une caméra astronomique basée sur ce détecteur, et des choix effectués dans sa réalisation est donnée (chapitre 3). L'attention est portée sur les problèmes de l'observation sous fort flux de photons du fond. Un chapitre entier est consacré à une étude détaillée de l'IRCCD et de ses caractérisriques (chapitre 4). On décrit ensuite l'ensemble du système monté sur télescope, ainsi que les procédures d'observation adoptées (chapitre 5). Quelques résultats de mesure et de calibration sur télescope sont proposés. Le dernier chapitre est consacré à la présentation de résultats astrophysiques préliminaires.

CAT-Bonds und Wetterderivate sind die Endprodukte eines Verbriefungprozesses, der nicht handelbare Risikofaktoren (Wetterschäden oder Naturkatastrophenschäden) in handelbare Finanzanlagen verwandelt. Als Ergebnis sind die Märkte für diese Produkte in der Regel unvollständig. Da geeignete Risikomaße in Bezug auf einen bestimmten Preis Voraussetzung sind zur Preisbestimmung, ist es notwendig den Marktpreis des Risikos (MPR), welcher ein wichtiger Parameter des zugehörigen äquivalenten Martingalmaß ist, zu berücksichtigen. Die Mehrheit der bisherigen Veröffentlichungen haben die Preise der nicht handelbaren Vermögenswerte mittels der Annahme geschätzt, dass der MPR gleich null ist. Diese Annahme verzerrt allerdings die Preise und wurde bisher noch nicht quantifiziert. Diese Doktorarbeit beschäftigt sich mit den Unterschieden zwischen dem historischen und dem risikoneutralen Verhalten der nicht handelbaren Basiswerte und gibt Einblicke in den Marktpreis für Wetterrisiko und die Wetterrisikoprämie. Diese Arbeit beginnt mit einer Darstellung der Instrumente zur Übertragung der Risiken, gefolgt von den finanziellen - statistischen Verfahren und endet mit einer Untersuchung reeller Daten, wobei der Schwerpunkt auf die implizierten Trigger-Intensitätsraten eines parametrischen CAT-Bond für Erdbeben und auf den MPR der Temperatur Derivate gelegt wird. / CAT bonds and weather derivatives are end-products of a process known as securitization that transform non-tradable (natural catastrophes or weather related) risk factors into tradable financial assets. As a result the markets for such products are typically incomplete. Since appropiate measures of the risk associated to a particular price become necessary for pricing, one essentially needs to incorporate the market price of risk (MPR), which is an important parameter of the associated equivalent martingale measure. The majority of papers so far has priced non-tradable assets assuming zero MPR, but this assumption yields biased prices and has never been quantified earlier. This thesis deals with the differences between historical and risk neutral behaviors of the non-tradable underlyings and gives insights into the behaviour of the market price of weather risk and weather risk premium. The thesis starts by introducing the risk transfering instruments, the financial - statistical techniques and ends up by examining the real data applications with particular focus on the implied trigger intensity rates of a parametric CAT bond for earthquakes and the MPR of temperature derivatives.

Thesis (Ph.D. (Economics))--North-West University, Vaal Triangle Campus, 2004.

This thesis studies the effects of specific community- driven developer programmes run in Evaton West over the past three years (200011 to 200314) on poverty in the area. These programmes were targeted at poverty reduction and community development in Evaton West, driven by the Eindhoven municipality and COL~AP~A'@. The relationship between the Eindhoven Municipality and the Ernfuleni Municipality started as a result of the twinning of Tilburg and Eindhoven cities in the Netherlands with the erstwhile LekoaNaal Local Metropolitan Council. Evaton West was chosen as a pilot site for Eindhoven to run practical IDP programmes at, as an example of what can be achieved from properly run community-based programmes. COL~AP~Aw' as introduced to Evaton West by the Vaal University of Technology's Community Service department. Its programmes were aimed at poverty alleviation through small-scale business initiatives coupled with leadership training in the area. The approach in the thesis is to define poverty, measure it and determine the profile of the poor. This is done firstly employing household-level indicators and secondly employing community-level indicators. At household level, some of the following tools are used: the poverty line (HSL), headcount index, the poverty gap, dependency ratio, the Lorenz curve and the Gini coefficient. Unemployment is also used to determine poverty levels. At community level, the thesis employs tools such as community characteristics, community assets, principal services, education, health and environmental issues. The thesis ends with specific recommendations. In particular, formation of co-operatives and the introduction of the basic income grant (BIG) are proposed. The thesis shows that compared to Bophelong, which is approximately similar to Evaton West in terms of age and composition of residents (especially based on age analysis), Evaton West is worse-off judging by poverty and welfare at household level. It proposes that one of the problems is Evaton West's geographical displacement. The thesis also shows that compared to three years ago, Evaton west is marginally better-off judging from the community indicators applied. It ascribed such improvement to the application of the above-stated community-driven development projects in Evaton West. Finally, the thesis suggests that one of the major solutions in dealing with poverty is to consider small-scale, home-based industries that allow for easy entry. Such projects can only succeed if they are approached in an integrated manner in which local authorities are fully involved. Labour absorption capacity of large industries is declining. This forces policy-making to be redirected to alternative sources of employment. The thesis contributes ways in which community-driven development programmes may be assessed at household and community levels. / Thesis (Ph.D. (Economics))--North-West University, Vaal Triangle Campus, 2004.

This thesis studies the effects of specific community- driven developer programmes run in Evaton West over the past three years (200011 to 200314) on poverty in the area. These programmes were targeted at poverty reduction and community development in Evaton West, driven by the Eindhoven municipality and COL~AP~A'@. The relationship between the Eindhoven Municipality and the Ernfuleni Municipality started as a result of the twinning of Tilburg and Eindhoven cities in the Netherlands with the erstwhile LekoaNaal Local Metropolitan Council. Evaton West was chosen as a pilot site for Eindhoven to run practical IDP programmes at, as an example of what can be achieved from properly run community-based programmes. COL~AP~Aw' as introduced to Evaton West by the Vaal University of Technology's Community Service department. Its programmes were aimed at poverty alleviation through small-scale business initiatives coupled with leadership training in the area. The approach in the thesis is to define poverty, measure it and determine the profile of the poor. This is done firstly employing household-level indicators and secondly employing community-level indicators. At household level, some of the following tools are used: the poverty line (HSL), headcount index, the poverty gap, dependency ratio, the Lorenz curve and the Gini coefficient. Unemployment is also used to determine poverty levels. At community level, the thesis employs tools such as community characteristics, community assets, principal services, education, health and environmental issues. The thesis ends with specific recommendations. In particular, formation of co-operatives and the introduction of the basic income grant (BIG) are proposed. The thesis shows that compared to Bophelong, which is approximately similar to Evaton West in terms of age and composition of residents (especially based on age analysis), Evaton West is worse-off judging by poverty and welfare at household level. It proposes that one of the problems is Evaton West's geographical displacement. The thesis also shows that compared to three years ago, Evaton west is marginally better-off judging from the community indicators applied. It ascribed such improvement to the application of the above-stated community-driven development projects in Evaton West. Finally, the thesis suggests that one of the major solutions in dealing with poverty is to consider small-scale, home-based industries that allow for easy entry. Such projects can only succeed if they are approached in an integrated manner in which local authorities are fully involved. Labour absorption capacity of large industries is declining. This forces policy-making to be redirected to alternative sources of employment. The thesis contributes ways in which community-driven development programmes may be assessed at household and community levels. / Thesis (Ph.D. (Economics))--North-West University, Vaal Triangle Campus, 2004.

With the implementation of more and more stringent measures to prevent money laundering, criminals are resorting to the expertise of lawyers for assistance in the formulation of increasingly complex money laundering schemes. This expertise is provided both wittingly and unwittingly. The purpose of this research was to consider whether the South African anti-money laundering legislation places suspicious transaction reporting obligations, which are in line with and meet international directives, conventions and best practice frameworks, on attorneys. The study entails a consideration of the suspicious transaction reporting obligations of lawyers introduced by the Financial Action Task Force, the European Union, the United Kingdom and South Africa and provides an understanding of the concept of money laundering, the money laundering process and the areas in which lawyers are vulnerable to money laundering. The research found that the suspicious transaction reporting responsibilities of attorneys in terms of South African anti-money laundering legislation are not in line with international frameworks and best practice. / Dissertation (MPhil)--University of Pretoria, 2014. / tm2015 / Auditing / MPhil / Unrestricted

La presente tesina consiste en el diseño de migración de nodos B aplicado para una RNC caída de una red móvil, con la finalidad de solucionar los problemas que se presenten ante un incidente que afecte los servicios de voz y datos de los usurarios de una red móvil. En el desarrollo de la tesina, se describe el planteamiento del problema, el marco teórico de la tecnología UMTS y posteriormente nos centramos en los elementos principales de esta tecnología. También describimos los equipos importantes a utilizar en desarrollo del proyecto, en este caso nos enfocamos en la descripción de la RNC. Y finalmente describimos el desarrollo del proyecto, el diseño de la solución e implementación de la misma, y en donde se presentan los resultados del diseño. This thesis is the design of migration of nodes B and its a applied when RNC fall for a mobile network, in order to solve the problems that arise before an incident affecting voice and data services from a mobile network. In developing the thesis, we describe the theoretical framework of UMTS technology and then we focus on the main elements of this technology. We also describe the important equipment used in project development; in this case we focus on the description of the RNC. And finally we describe the solution of design and implementation .Also, the results of this project.