The Republican Alternative the Netherlands and Switzerland Compared
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International Regulation and Treatment of Trade Finance: What Are the Issues?
Staff Working Paper ERSD-2010-09 February 2010 World Trade Organization Economic Research and Statistics Division INTERNATIONAL REGULATION AND TREATMENT OF TRADE FINANCE: WHAT ARE THE ISSUES? Marc Auboin: WTO Manuscript date: February 2010 Disclaimer: This is a working paper, and hence it represents research in progress. This paper represents the opinions of the author, and is the product of professional research. It is not meant to represent the position or opinions of the WTO or its Members, nor the official position of any staff members. Any errors are the fault of the author. Copies of working papers can be requested from the divisional secretariat by writing to: Economic Research and Statistics Division, World Trade Organization, Rue de Lausanne 154, CH 1211 Geneva 21, Switzerland. Please request papers by number and title. INTERNATIONAL REGULATION AND TREATMENT OF TRADE FINANCE: WHAT ARE THE ISSUES? Marc Auboin 1 Abstract The paper discusses a number of issues related to the treatment of trade credit internationally, a priori (treatment by banking regulators) and a posteriori (treatment by debtors and creditors in the case of default), which are currently of interest to the trade finance community, in particular the traditional providers of trade credit and guarantees, such as banks, export credit agencies, regional development banks, and multilateral agencies. The paper does not deal with the specific issue of regulation of official insured-export credit, under the OECD Arrangement, which is a specific matter left out of this analysis. Traditionally, trade finance has received preferred treatment on the part of national and international regulators, as well as by international financial agencies in the treatment of trade finance claims, on grounds that trade finance was one of the safest, most collateralized, and self- liquidating forms of trade finance. -
Quantifying Operational Risk: Possibilities and Limitations
Quantifying Operational Risk: Possibilities and Limitations Hansj¨org Furrer ETH Z¨urich [email protected]/∼hjfurrer (Based on joint work with Paul Embrechts and Roger Kaufmann) Deutsche Bundesbank Training Centre, Eltville 19-20 March 2004 Managing OpRisk Contents A. The New Accord (Basel II) B. Risk measurement methods for OpRisks C. Advanced Measurement Approaches (AMA) D. Conclusions E. References Managing OpRisk 1 A. The New Accord (Basel II) • 1988: Basel Accord (Basel I): minimum capital requirements against credit risk. One standardised approach • 1996: Amendment to Basel I: market risk. • 1999: First Consultative Paper on the New Accord (Basel II). • 2003: CP3: Third Consultative Paper on the New Basel Capital Accord. (www.bis.org/bcbs/bcbscp3.htmcp3) • mid 2004: Revision of CP3 • end of 2006: full implementation of Basel II ([9]) Managing OpRisk 2 What’s new? • Rationale for the New Accord: More flexibility and risk sensitivity • Structure of the New Accord: Three-pillar framework: Pillar 1: minimal capital requirements (risk measurement) Pillar 2: supervisory review of capital adequacy Pillar 3: public disclosure Managing OpRisk 3 What’s new? (cont’d) • Two options for the measurement of credit risk: Standard approach Internal rating based approach (IRB) • Pillar 1 sets out the minimum capital requirements: total amount of capital ≥ 8% risk-weighted assets • MRC (minimum regulatory capital)def= 8% of risk-weighted assets • New regulatory capital approach for operational risk (the risk of losses resulting from inadequate or failed internal processes, people and systems, or external events) Managing OpRisk 4 What’s new? (cont’d) • Notation: COP: capital charge for operational risk • Target: COP ≈ 12% of MRC • Estimated total losses in the US (2001): $50b • Some examples 1977: Credit Suisse Chiasso-affair 1995: Nick Leeson/Barings Bank, £1.3b 2001: Enron (largest US bankruptcy so far) 2003: Banque Cantonale de Vaudoise, KBV Winterthur Managing OpRisk 5 B. -
Speaker of Uttar Pradesh Legislative Assembly to Visit the Netherlands
Embassy of India The Hague Press Release September 20, 2019 Speaker of Uttar Pradesh Legislative Assembly to visit the Netherlands The Speaker of Uttar Pradesh Legislative Assembly, Mr. Hriday Narayan Dikshit, will lead a delegation to the Netherlands from September 22-24, 2019. During the visit, the Speaker will meet with Ms. Pia Dijkstra, Chair of the Foreign Affairs Committee of the Dutch House of Representatives, attend a presentation on the working of the Dutch Parliament, and have a tour of the Dutch Parliament Building Complex (Binnenhof) in The Hague. The delegation will also meet Mr. Jaap Smit, the King’s Commissioner (Head of the Province) for South Holland. A book The Way India Thinks authored by Mr. Dikshit will be released during the visit at an event at the Gandhi Centre - the Cultural Centre of the Indian Embassy in the Hague. The Speaker will also meet and interact with members of the Indian Community during the event. The visit aims to enhance understanding and establish contacts between legislative bodies of the two sides. Further, it will connect important authorities of the State of Uttar Pradesh with the Province of the South Holland, the country's most populous province and one of the most industrialised areas in the world. The provincial capital of South Holland is The Hague, while its largest city is Rotterdam. The Port of Rotterdam is the 9th largest port in the world and the largest port in Europe. South Holland is located in the western part of the Netherlands and contributes 21% to The Netherlands’ GDP. -
A Day in the Hague"
"A Day in The Hague" Realizado por : Cityseeker 6 Ubicaciones indicadas Mauritshuis "The Hague's Most Famous Museum" The Mauritshuis, located on the Hofvijver itself, was once a residence for a noble cousin of the royal family. An art collector, his private gallery was added to over the years by several monarchs and eventually taken over by a private foundation and turned into the premiere collection of Dutch masters' artworks from the golden age of the country's empire. Today, the by FaceMePLS museum if one of The Hague's premiere tourist attractions and contains such iconic works as Vermeer's Girl with the Pearl Earring and Rembrandt's Anatomy Lesson of Dr Nicolaes Tulp. +31 70 302 3456 www.mauritshuis.nl/ Korte Vijverberg 8, La Haya Ridderzaal "Seat of the Dutch Monarchy" The historic Ridderzaal, or Knight's Hall, is the oldest remaining structure left on the grounds of the Binnenhof. This 13th-century great hall is festooned with the coats of arms of many of the Netherlands' noble houses and some exquisite artwork and antique furniture. Viewing is generally open to the public, but on some state occasions the Ridderzaal by Ferdi De gier is in use by the government. Principal among these are the rare occasions on which the monarch addresses the nation from inside the hall. www.binnenhof.nl/ Binnehof, La Haya Binnenhof "Seat of Dutch Government for Centuries" The Binnenhof is a complex of buildings which date back to the 12th Century when The Hague was just a hunting retreat for the nobility. Since then, the Binnenhof, or inner court has become the seat and symbol of the Dutch Republic. -
The Dutch in the Early Modern World David Onnekink , Gijs Rommelse Frontmatter More Information
Cambridge University Press 978-1-107-12581-0 — The Dutch in the Early Modern World David Onnekink , Gijs Rommelse Frontmatter More Information The Dutch in the Early Modern World Emerging at the turn of the seventeenth century, the Dutch Republic rose to become a powerhouse of economic growth, artistic creativity, military innovation, religious tolerance and intellectual development. This is the first textbook to present this period of early modern Dutch history in a global context. It makes an active use of illustrations, objects, personal stories and anecdotes to present a lively overview of Dutch global history that is solidly grounded in sources and literature. Focusing on themes that resonate with contemporary concerns, such as overseas exploration, war, slavery, migration, identity and racism, this volume charts the multiple ways in which the Dutch were connected with the outside world. It serves as an engaging and accessible intro- duction to Dutch history, as well as a case study in early modern global expansion. david onnekink is Assistant Professor in Early Modern International Relations at Utrecht University. He has previously held a position at Leiden University, and was a visiting professor at the College of William and Mary, Williamsburg, VA, and the University of California, Los Angeles. He has been a fellow at the Institute for Advanced Studies in Humanities at Edinburgh (2004), Het Scheepvaartmuseum in Amsterdam (2016–2017) and the Netherlands Institute for Advanced Study (2016). He is the author of Reinterpreting the Dutch Forty Years War (2016), and edited volumes on War and Religion after Westphalia, 1648–1713 (2009) and Ideology and Foreign Policy in Early Modern Europe (1650–1750) (2011), also with Gijs Rommelse. -
De Tweede Wereldoorlog Een Totale Oorlog in Nieuwe Historische Kaders 450
Inhoud Redactioneel 448 Kees Ribbens Global dimensions van de Tweede Wereldoorlog Een totale oorlog in nieuwe historische kaders 450 Karel Davids De Tweede Wereldoorlog: een breuk in de economische ontwikkeling in de wereld? 464 Remco Raben De Tweede Wereldoorlog in Indonesië als een geschiedenis van beweging en begrenzing 476 Tijdschrift voor Geschiedenis - 122e jaargang, nummer 4 Floris Vletter De Bataafse Burgermacht als bolwerk der vrijheid De politieke en militaire betekenis van een burgerschapsideaal 492 Wouter Groot en Karel Dibbets Welke Slag aan de Somme? Oorlog en neutraliteit in Nederlandse bioscopen, 1914-1918 508 Maar ten Van Ginderachter Het vaderland vanuit kikker- perspectief Recent Belgisch en Nederlands onderzoek naar natievorming tijdens de lange negentiende eeuw 522 Anneleen Arnout Lieux de mémoire Erfgoed en geschiedenis 538 Summaries 550 Recensies 552 Tijdschrift voor Geschiedenis - 122e jaargang, nummer 4 448 Redactioneel Terwijl de 65-jarige bevrijding van opeenvol- Op mondiaal niveau zijn deze en soortge- gende delen van Nederland wordt herdacht, lijke vragen niet minder relevant. Dat hangt weerklinkt hier en daar de gedachte dat ‘de deels samen met het gegroeide besef van glo- oorlog’ nu met pensioen gaat. Inderdaad balisering, een fenomeen dat ook de blik van neemt de temporele afstand tot de Tweede historici beïnvloedt. Naarmate de geschiedwe- Wereldoorlog toe. Maar een aanzienlijke tenschap beter zicht krijgt op deze historische vermindering van de nog altijd ruime belang- ontwikkeling blijkt de toegenomen internatio- stelling voor dit wereldwijde conflict lijkt op nale verwevenheid op uiteenlopende terreinen korte termijn onwaarschijnlijk. Evenwel blijkt een langere en minder eenduidige geschiede- de blik waarmee deze oorlog wordt bezien nis te hebben dan veelal wordt aangenomen. -
Download PDF Van Tekst
In het land der blinden Willem Oltmans bron Willem Oltmans, In het land der blinden. Papieren tijger, Breda 2001 Zie voor verantwoording: http://www.dbnl.org/tekst/oltm003inhe01_01/colofon.php © 2015 dbnl / Willem Oltmans Stichting 2 voor Jozias van Aartsen Willem Oltmans, In het land der blinden 7 1 Start Op 10 augustus 1953 besteeg ik voor het eerst de lange trappen naar de bovenste verdieping van het gebouw van het Algemeen Handelsblad aan de Nieuwezijds Voorburgwal in Amsterdam om mijn leven als journalist te beginnen. Chef van de redactie buitenland was dr. Anton Constandse. Van 1946 tot en met 1948 had ik de opleiding voor de diplomatieke dienst gevolgd van het Nederlands Opleidings Instituut voor het Buitenland (NOIB) op Nijenrode. Van 1948 tot en met 1950 volgde ik op het Yale College in New Haven, Connecticut, de studie Political Science and International Relations. Inmiddels 25 jaar geworden twijfelde ik steeds meer aan een leven als ambtenaar van het Ministerie van Buitenlandse Zaken. Was ik niet een te vrijgevochten en te zelfstandig denkende vogel om zonder tegensputteren of mokken braaf Haagse opdrachten uit te voeren waar ik het wellicht faliekant mee oneens zou zijn? Van een dergelijke incompatibilité d'humeurs zou immers alleen maar gedonder kunnen komen. Op het Yale College had ik in dit verband al het een en ander meegemaakt. In 1949 was ik tot praeses van de Yale International Club gekozen, een organisatie voor de in New Haven studerende buitenlandse studenten. Nederland knokte in die dagen onder de noemer van ‘politionele acties’ tegen Indonesië. Ik nodigde ambassadeur F.C.A. -
The Dutch Revolution of 1795 and the History of Republicanism Wyger RE
Much in Little Revisited: The Dutch Revolution of 1795 and the History of Republicanism Wyger R.E. Velema, Department of History, University of Amsterdam Paper prepared for the conference ‘The Republican Tradition: From the Hanseatic League to the Era of the Enlightenment’, European University at St. Petersburg, December 7-9, 2012 Not to be quoted or cited without permission from the author It is more than half a century ago that R.R. Palmer, who was soon to become famous with his magisterial work The Age of the Democratic Revolution, introduced an international scholarly audience to the Dutch revolution of 1795, also known as the Batavian revolution. In his pioneering article ‘Much in Little: the Dutch Revolution of 1795’, he pointed out that the fall of the Dutch ancien régime and the revolutionary transformation of the Netherlands that followed this downfall could best be understood as part of an international and interlinked series of revolutionary events.1 On a small scale, the Batavian revolution therefore could serve to ‘illuminate the whole complex of war and revolution which then gripped the Western world’.2 As he made abundantly clear in the title of his later magnum opus, Palmer had a relatively simple and straightforward view of the struggles that tore the Western world of the late eighteenth century apart. Just as democracy had been at issue in the Dutch revolution of 1795, the whole European and American world of the final decades of the century of Enlightenment saw the rise of a new and historically unprecedented democratic opposition against all sorts of aristocratic ‘constituted bodies’. -
Geneva from the Cantonal to the Federal Post
Geneva From the Cantonal To the Federal Post Jean Voruz FRPSL, Switzerland The Royal Philatelic Society London 28 September 2017 Front cover illustration On 1 st October 1849, the cantonal posts are reorganized and the federal post is created. The Geneva cantonal stamps are still valid, but the rate for local letters is increased from 5 to 7 cents. As the "Large Eagle" with a face value of 5c is sold at the promotional price of 4c, additional 3c is required, materialized here by the old newspapers stamp. One of the two covers being known dated on the First Day of the establishment of the Federal Service. 2 Contents Frames 1 - 2 Cantonal Post Local Mail Frame 2 Cantonal Post Distant Mail Frame 3 Cantonal Post Sardinian & French Mail Frame 4 Transition Period Nearest Cent Frames 4 - 6 Transition Period Other Phases Frame 7 Federal Post Local Mail Frame 8 Federal Post Distant Mail Frames 9 - 10 Federal Post Sardinian & French Mail Background Although I started collecting stamps in 1967 like most of my classmates, I really entered the structured philately in 2005. That year I decided to display a few sheets of Genevan covers at the local philatelic society I joined one year before. Supported by my new friends - especially Henri Grand FRPSL who was one of the very best specialists of Geneva - I went further and got my first FIP Large Gold medal at London 2010 for the postal history collection "Geneva Postal Services". Since then the collection received the FIP Grand Prix International at Philakorea 2014 and the FEPA Grand Prix Finlandia 2017. -
Compte-Rendu De La Seance Du Conseil Intercommunal Du 9 Decembre 2020
Conseil communal COMPTE-RENDU DE LA SEANCE DU CONSEIL INTERCOMMUNAL DU 9 DECEMBRE 2020 2 postes étant à repourvoir au Codir Mme Elvira Rölli, municipale à Arzier-Le Muids a fait acte de candidature. La question a été posée de savoir s’il était opportun de le faire seulement 6 mois avant la fin de la législature. Le Codir n’y voyant pas d’inconvénient, Mme Rölli a été élue . Elle sera ainsi la 2ème femme du Codir sur 9 membres. Budget 2021 La situation financière de la Région de Nyon est assez tendue. Le budget présentait un déficit de chf 59'500.- - . Deux amendements proposés par la Cofin et approuvés par le Codir ont ramené ce déficit à chf. 7'500.- - . Il n’a pas suscité de discussions particulières et a été approuvé à une large majorité. Demande de crédit pour une convention quadriennale en soutien des activités de l’Usine à Gaz, période 2021-2024 Il s’agissait du renouvellement d’une convention existante. Les montants alloués chaque année sont progressifs afin de tenir compte à la fois de la diminution des spectacles en raison du Covid-19 et du fait que les travaux ne sont pas terminés. Un amendement demandant d’augmenter la part de la région (entre chf 70'000.- - et chf 100'000.- -) de chf 20'000.- - a été déposé mais refusé. La convention a par contre été acceptée à une large majorité. Postulat de Michel Girardet pour la mise en place d’une véritable politique de soutien au sport au niveau régional La réponse du Codir était une véritable coquille vide sans aucune proposition concrète. -
Britain and the Dutch Revolt 1560–1700 Hugh Dunthorne Frontmatter More Information
Cambridge University Press 978-0-521-83747-7 - Britain and the Dutch Revolt 1560–1700 Hugh Dunthorne Frontmatter More information Britain and the Dutch Revolt 1560–1700 England’s response to the Revolt of the Netherlands (1568–1648) has been studied hitherto mainly in terms of government policy, yet the Dutch struggle with Habsburg Spain affected a much wider commu- nity than just the English political elite. It attracted attention across Britain and drew not just statesmen and diplomats but also soldiers, merchants, religious refugees, journalists, travellers and students into the confl ict. Hugh Dunthorne draws on pamphlet literature to reveal how British contemporaries viewed the progress of their near neigh- bours’ rebellion, and assesses the lasting impact which the Revolt and the rise of the Dutch Republic had on Britain’s domestic history. The book explores affi nities between the Dutch Revolt and the British civil wars of the seventeenth century – the fi rst major challenges to royal authority in modern times – showing how much Britain’s chang- ing commercial, religious and political culture owed to the country’s involvement with events across the North Sea. HUGH DUNTHORNE specializes in the history of the early modern period, the Dutch revolt and the Dutch republic and empire, the his- tory of war, and the Enlightenment. He was formerly Senior Lecturer in History at Swansea University, and his previous publications include The Enlightenment (1991) and The Historical Imagination in Nineteenth-Century Britain and the Low Countries -
Switzerland 8
©Lonely Planet Publications Pty Ltd Switzerland Basel & Aargau Northeastern (p213) Zürich (p228) Switzerland (p248) Liechtenstein Mittelland (p296) (p95) Central Switzerland Fribourg, (p190) Neuchâtel & Jura (p77) Bernese Graubünden Lake Geneva (p266) & Vaud Oberland (p56) (p109) Ticino (p169) Geneva Valais (p40) (p139) THIS EDITION WRITTEN AND RESEARCHED BY Nicola Williams, Kerry Christiani, Gregor Clark, Sally O’Brien PLAN YOUR TRIP ON THE ROAD Welcome to GENEVA . 40 BERNESE Switzerland . 4 OBERLAND . 109 Switzerland Map . .. 6 LAKE GENEVA & Interlaken . 111 Switzerland’s Top 15 . 8 VAUD . 56 Schynige Platte . 116 Lausanne . 58 St Beatus-Höhlen . 116 Need to Know . 16 La Côte . .. 66 Jungfrau Region . 116 What’s New . 18 Lavaux Wine Region . 68 Grindelwald . 116 If You Like… . 19 Swiss Riviera . 70 Kleine Scheidegg . 123 Jungfraujoch . 123 Month by Month . 21 Vevey . 70 Around Vevey . 72 Lauterbrunnen . 124 Itineraries . 23 Montreux . 72 Wengen . 125 Outdoor Switzerland . 27 Northwestern Vaud . 74 Stechelberg . 126 Regions at a Glance . 36 Yverdon-Les-Bains . 74 Mürren . 126 The Vaud Alps . 74 Gimmelwald . 128 Leysin . 75 Schilthorn . 128 Les Diablerets . 75 The Lakes . 128 Villars & Gryon . 76 Thun . 129 ANDREAS STRAUSS/GETTY IMAGES © IMAGES STRAUSS/GETTY ANDREAS Pays d’Enhaut . 76 Spiez . 131 Brienz . 132 FRIBOURG, NEUCHÂTEL East Bernese & JURA . 77 Oberland . 133 Meiringen . 133 Canton de Fribourg . 78 West Bernese Fribourg . 79 Oberland . 135 Murten . 84 Kandersteg . 135 Around Murten . 85 Gstaad . 137 Gruyères . 86 Charmey . 87 VALAIS . 139 LAGO DI LUGANO P180 Canton de Neuchâtel . 88 Lower Valais . 142 Neuchâtel . 88 Martigny . 142 Montagnes Verbier . 145 CHRISTIAN KOBER/GETTY IMAGES © IMAGES KOBER/GETTY CHRISTIAN Neuchâteloises .