Santiago GAPP for Sovereign Wealth Funds
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The document discusses the Generally Accepted Principles and Practices (GAPP), also known as the Santiago Principles, for sovereign wealth funds. It provides background on the International Working Group that developed the principles. The GAPP establish a voluntary framework for governance, accountability, and investment practices of sovereign wealth funds. It identifies 24 principles addressing legal framework, governance structure, investment and risk management policies.
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The document also discusses topics such as investment decision making, financial decisions, dividend decisions, liquidity decisions, project appraisal, and working capital management. It provides details on various tools and
financial statements and audit
The document provides an introduction to financial statements and auditing. It discusses the purpose of financial statements, which is to provide useful information to users for economic decision making. It outlines the main users of financial statements and their interests. It also explains the need for auditing. Auditing verifies that financial statements are true and fair, and complies with reporting standards. It ensures the principal, or shareholders, have reliable information from the directors about the company's financial position and performance.
Valuation Road Map for Fund Executives
Today, alternative asset managers are facing ever-increasing scrutiny from both investors and regulatory bodies.
Investors are focused not only on returns, but also on the valuation governance practices of the funds in which
they may invest. The emphasis on transparency of the valuation process, as well as heightened interest around
internal controls, conflicts of interest, and general fund protocols, has increased the importance of funds having
written valuation policies and procedures with a structure in place to monitor and enforce them. This document outlines the best practices in this area.
Buy side principles from garp
The GARP Buy Side Risk Managers Forum published Risk Principles for Asset Managers, a statement of best-practices guidelines prepared by senior risk management executives of leading investment firms. The Risk Principles document is updated and enhanced from a previous version published in 2008.
BUSI 650Integrative Learning Project – Annotated Bibliography Gr
BUSI 650
Integrative Learning Project – Annotated Bibliography Grading Rubric
Criteria
Levels of Achievement
Content 70%
(88 points)
Advanced
Proficient
Developing
Not present
Points Earned
Annotations
88 points
83 to 88 points
Each annotation includes all of the following: purpose of the article/study, the key findings, relevance to operations management, and what section information from the article/study informs in the final Integrative Learning Project (ILP).
72 to 82 points
Each annotation includes most of the following: purpose of the article/study, the key findings, relevance to operations management, and what section information from the article/study informs in the final Integrative Learning Project (ILP).
1 to 71 points
Each annotation includes some of the following: purpose of the article/study, the key findings, relevance to operations management, and what section information from the article/study informs in the final Integrative Learning Project (ILP).
0 points
Structure 30%
(37 points)
Advanced
Proficient
Developing
Not present
Points Earned
Sources
20 points
20 points
The annotated bibliography contains at least 15 APA formatted scholarly sources.
15 to 19 points
The annotated bibliography contains 12-14 APA formatted scholarly sources.
1 to 14 points
The annotated bibliography contains 1-11 APA formatted scholarly sources.
0 points
Word Count
17 points
17 points
Each annotation contains a minimum of 100 words.
15 to 16 points
Most annotations contain a minimum of 100 words.
1 to 14 points
Most annotations contain 50 to 99 words.
0 points
Total Points
/125
Instructor’s Comments:
Financial Reporting
Anas Alzadjali
ST10299
Roslin Lazarus
Introduction
Analysis of different regulatory framework and governance applicable GIC’s investment strategies and current market operations.
Based on the published annual report of GIC for the year 2019.
ASSUMPTION
GIC consider establishing a joint stock company as a part of its expansion plan
This presentation analysis different regulatory framework and governance applicable to GIC’s investment strategies and current market operations based on the published annual report of GIC for the year 2019, with the assumption that GIC is seriously considering establishing a joint stock company with majority controlling interest in Singapore and India as a part of its expansion plan.
2
Continuation
Financial reporting is the declaration of the financial details to the divergent stakeholders concerning the financial operation and the financial position of the firm for a specified period of time.
Financial reporting standards are the keys that defines the practice standards and financial accounting policies and performs as its basis.
Enhances the financial reporting openness in an international position.
Performs as the accounting end product.
Definition
Financial reporting : declaration of the financial details to the divergent stakeholders concerning the financial opera ...
Key information memorandum
This document provides key information about the IDFC Large Cap Fund, an open-ended equity scheme predominantly investing in large cap stocks. The objective is to generate capital growth from predominantly investing in large cap stocks. It will invest 80-100% in large cap companies and the remaining amount in mid and small cap stocks and debt instruments. The fund follows an active investment strategy of identifying quality large cap companies with strong fundamentals and growth potential. The risk is moderately high as it predominantly invests in equity. The document outlines the asset allocation, investment strategy and risks of the fund.
IDFC Large Cap Fund_Key information memorandum
This document provides key information about the IDFC Large Cap Fund, an open-ended equity scheme predominantly investing in large cap stocks. The objective is to generate capital growth from predominantly investing in large cap stocks. It will invest 80-100% in large cap companies and the remaining amount in mid and small cap stocks and debt instruments. The fund follows an active investment strategy of identifying quality large cap companies with strong fundamentals and growth potential. The risk is moderately high as it predominantly invests in equity. The document outlines the asset allocation, investment strategy and risks of the fund.
IDFC Large Cap Fund _Key information memorandum
This document provides key information about the IDFC Large Cap Fund, an open-ended equity scheme predominantly investing in large cap stocks. The objective is to generate capital growth from predominantly investing in large cap stocks. It will invest 80-100% in large cap companies and the remaining amount in mid and small cap stocks and debt instruments. The fund follows an active investment strategy of identifying quality large cap companies with strong fundamentals and growth potential. The risk is moderately high as it predominantly invests in equity. The document outlines the asset allocation, investment strategy and risks of the fund.
IDFC Large Cap Fund_Key information memorandum
The document is a Key Information Memorandum for the IDFC Large Cap Fund, an open-ended equity scheme predominantly investing in large cap stocks. The objective is to generate capital growth from predominantly investing in large cap stocks. It will invest 80-100% in large cap stocks and the remaining amount in mid and small cap stocks, debt, and money market instruments. The fund follows an active investment strategy of identifying quality large cap companies with strong fundamentals and growth potential. The risk is moderately high since it predominantly invests in equity.
Accounting-Bodies-Group-3.pptx
Standard-setting bodies establish financial reporting standards to promote uniformity, comparability, and prevent economic chaos. They include the FASB, SEC, IASB, national bodies like BSEC and ICAB, and the FRC. The FASB establishes GAAP in the US, the SEC oversees organizations in securities markets, and the IASB develops global IFRS standards. These bodies issue statements, oversee changes to standards, and ensure compliance to accounting principles and regulations.
Positive impact principles unepfi enero 2017
The document introduces the Principles for Positive Impact Finance, which provide guidelines for financiers, investors, and other stakeholders to identify, promote, and assess positive impact finance for sustainable development. The principles aim to help bridge the estimated $5-7 trillion annual funding gap to achieve the UN Sustainable Development Goals. They establish a common framework for determining the positive economic, social, and environmental impacts of financial activities, projects, and entities. The principles also require transparency in methodologies, intended impacts, and achieved outcomes to ensure only legitimate positive impact initiatives are supported.
Pensions Core Course 2013: Pension Fund Management at the World Bank
Pensions Core Course 2013: Pension Fund Management at the World BankHealth, Education, Social Protection and Labor World Bank
The document provides information about pension fund management at the World Bank. It discusses the World Bank Treasury's activities managing over $120-140 billion in investments, including $18 billion in pension plan assets. It then provides an overview of the World Bank Pension Fund, which has $18 billion in assets, 14,400 active staff members, and 8,500 retirees. The rest of the document outlines the investment framework for managing the pension fund, including sections on governance structure, investment policy, risk management, performance measurement, and other areas.Similar to Santiago GAPP for Sovereign Wealth Funds (20)
Financial and technical regulations issued by insurance authority
Financial and technical regulations issued by insurance authority
BUSI 650Integrative Learning Project – Annotated Bibliography Gr
BUSI 650Integrative Learning Project – Annotated Bibliography Gr
Pensions Core Course 2013: Pension Fund Management at the World Bank
Pensions Core Course 2013: Pension Fund Management at the World Bank
Santiago GAPP for Sovereign Wealth Funds
- 1. SOVERIGN WEALTH FUNDS Generally Accepted Principles and Practices Santiago Principles Prepared By: Sharjeel Butt Senior Manager Audit Professional Services Unit
- 10. GAPP Principle
- 11. Legal Framework
- 13. GAPP Principle
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- 59. Risk Categories
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- 63. GAPP Principle