Conduct risk is at the core of behavioural regulation, a new approach to regulating financial services, whose new agencies and public prosecutors have spread rapidly across the world. Its prosecutors intervene assertively to challenge financial service providers to show clear evidence of a new customer-centric approach, which understands and responds to the hidden drivers of customer behaviour. They use their unprecedented powers to levy very large fines and even to imprison wrongdoers - often for not taking precautions rather than for any active wrongdoing. Conduct Risk Management is a tool for recognizing, acting on, and predicting conduct risk impacts in regulated business. Conduct Risk Management sees beyond econometric and other 'box-ticking' traditions of risk management. Whilst protecting senior managers, it helps all staff to make positive use of conduct risk to promote behaviour the regulator will accept as 'good', as good behaviour is good business. The new conduct regulations personally affect every manager in financial services, and their suppliers, with new regulations making senior managers liable to imprisonment for failures in organizational conduct. Conduct Risk Management sets out plainly what practitioners need to know to understand the regulator's intentions, to prove compliance, protect competitiveness and maintain licence to operate.
On the eve of its centennial, Carol Dawson and Roger Allen Polson present almost 100 years of history and never-before-seen photographs that track the development of the Texas Highway Department. An agency originally created “to get the farmer out of the mud,” it has gone on to build the vast network of roads that now connects every corner of the state. When the Texas Highway Department (now called the Texas Department of Transportation or TxDOT) was created in 1917, there were only about 200,000 cars in Texas traveling on fewer than a thousand miles of paved roads. Today, after 100 years of the Texas Highway Department, the state boasts over 80,000 miles of paved, state-maintained roads that accommodate more than 25 million vehicles. Sure to interest history enthusiasts and casual readers alike, decades of progress and turmoil, development and disaster, and politics and corruption come together once more in these pages, which tell the remarkable story of an infrastructure 100 years in the making.
A bend is a knot securely joining together two lengths of cord (or string or rope), thereby yielding a single longer length. There are many possible different bends, and a natural question that has probably occurred to many is: ?Is there a ?best? bend and, if so, what is it??Most of the well-known bends happen to be symmetric ? that is, the two constituent cords within the bend have the same geometric shape and size, and interrelationship with the other. Such ?symmetric bends? have great beauty, especially when the two cords bear different colours. Moreover, they have the practical advantage of being easier to tie (with less chance of error), and of probably being stronger, since neither end is the weaker.This book presents a mathematical theory of symmetric bends, together with a simple explanation of how such bends may be invented. Also discussed are the additionally symmetric ?triply symmetric? bends. Full details, including beautiful colour pictures, are given of the ?best 60? known symmetric bends, many of which were created by these methods of invention.This work will appeal to many ? mathematicians as well as non-mathematicians interested in beautiful and useful knots.
A classic account of mountain life, accurately portraying the people and lore of the Cumberland Mountains. Miles' familiarity with the mountain people--and her perception of the importance of women, especially older women--allows her to illustrate their way of life in a personal and realistic manner ". . . gives us an extraordinary insight into the personal relationships of the mountain lore, signs, rhymes, omens, tales, even the development of the mountain music. She presents the strength of religious beliefs along with the emotionalism and simplistic tradition of 'the old-time religion.'" --The Southern Quarterly . Emma Bell Miles (1879-1919) also wrote numerous poems and short stories that appeared in such publications of the period as Harpers Monthly, Century, and Lippincott's.
In the next wave of conduct regulation in financial markets, from 2021 conduct regulators in the UK and elsewhere expect firms to produce evidence on how they are improving behaviour and culture. Facing this, many practitioners are anxious that their current reporting and management information (MI) are irrelevant to meeting as-yet unclear regulatory expectations. This book provides the insights and tools firms need to report on culture, securing both enhanced business value and the regulator's approval. Culture is now seen as a key contributor to good governance, feeding into existing discourse on environmental, social and governance (ESG) factors and the emerging dialogue on 'non-financial (mis)conduct', but conventional measures of business quality are unfit for the new reporting agenda. Culture Audit in Financial Services follows the arc of 'behavioural regulation' to examine what the regulator really wants, before offering guidance on how culture audit differs from conventional auditing, how to put the latest pure-research findings to work, and the key features of well-designed conduct and culture reports. Written by an impartial author and a variety of contributors with extensive experience working with practitioners, regulators, and many of the world's finest academic initiatives, this book is filled with practical, grounded advice on how best to approach this new challenge and avoid infractions.
This book first reviews the case that brain oscillations not only are important for cognition, as long suspected, but also play a part in the expression of signs and symptoms of neuropsychiatric disorders. The cellular mechanisms of many of the clinically relevant oscillations have been studied by the authors and their colleagues, using in vitro slice methods as well as detailed computer simulations. A surprising insight is that gap junctions between principal neurons play an absolutely critical role in so many types of oscillation in neuronal populations; oscillations are not just the result of properties of individual neurons and their synaptic connections. Furthermore, the way in which gap junctions produce oscillations in the cortex is novel, involving as it does global properties of networks, rather than just the time constants of membrane currents. This insight has implications for therapeutics as well as for our understanding of normal brain functions.
In Fast Oscillations in Cortical Circuits, the authors use a combination of electrophysiological and computer modeling techniques to analyze how large networks of neurons can produce both epileptic seizures and functionally relevant synchronized oscillations.
In 1905 Cornelius and Mary Rogers made the trip of a lifetime by train from Barton Landing, Orleans County, Vermont to the West Coast - and back. This is the richly illustrated story of the 8,200 miles by rail and 200 miles by horse-drawn vehicles they covered during their six months away.
In 1925 the geological connection between Flint Ridge and Mammoth Cave was proved when dye placed in a Flint Ridge spring showed up in Echo River at Mammoth Cave. That tantalizing swirl of dye confirmed speculations that wereto tempt more than 650cavers over half a century with the thrill of being the first to make human passage of the cave connection. Roger Brucker and Richard Watson tell not only of their own twenty-year effort to complete the link but the stories of many others who worked their way through mud-choked crawlways less than a foot high only to find impenetrable blockages. Floyd Collins died a grisly death in nearby Sand Cave in1925, after being trapped there for 15 days. The wide press coverage of the rescue efforts stirred the imagination of the public and his body was on macabre display in a glass-topped coffin in Crystal Cave into the 1940s. Agents of a rival cave owner once even stole his corpse, which was recovered and still is in a coffin in the cave. Modern cavers still have a word with Floyd as they start their downward treks. Brucker and Watson joined the parade of cavers who propelled themselves by wiggling kneecaps, elbows, and toes through quarter-mile long crawlways, clinging by fingertips and boot toes across mud-slick walls, over bottomless pits, into gurgling streams beneath stone ceilings that descend to water level, down crumbling crevices and up mountainous rockfalls, into wondrous domed halls, and straight ahead into a blackness intensified rather than dispelled by the carbide lamps on their helmets. Over two decades they explored the passages with others who sought the final connection as vigorously as themselves. Pat Crowther, a young mother of two, joined them and because of her thinness became the member of the crew to go first into places no human had ever gone before. In that role, in July 1972, she wiggled her way through the Tight Spot and found the route that would link the Flint Ridge and Mammoth Cave systems into one cave extending 144.4 miles through the Kentucky limestone. In a new afterword to this edition the authors summarize the subsequent explorations that have more than doubled the established length of the cave system. Based upon geological evidence, the authors predict that new discoveries will add another 200 miles to the length of the world’s longest cave, making it over 500 miles long.
A veteran nature writer walks the length of Britain in pursuit of spring, and of hope Fed up with bleak headlines of biodiversity loss, acclaimed nature writer Roger Morgan-Grenville sets out on a 1,000-mile walk through a British spring to see whether there are reasons to be hopeful about the natural world. His aim is to match the pace at which the oak leaves emerge, roughly 20 miles north each day. Fighting illness, blizzards and his own ageing body, he visits every main habitat between Lymington and Cape Wrath in an epic eight-week adventure, encountering, over and over again, the kindness of strangers and the inspiring efforts of those fighting heroically for nature. With surprising conclusions throughout, what unfolds is both life-affirming and life-changing.
The big cave sucked us in," write Borden and Brucker, and so begins their account (told in alternating first-person chapters) of the roles they played in extending Kentucky's Mammoth Cave from 144 miles in 1972 to over 300 miles in 1983. Generously illustrated with drawings and maps, their tale is both a history of spelunking and an underground adventure--for the non-claustrophobic--complete with competitive rivalries and physical peril. A sequel to The longest cave, by Brucker and Richard Watson (1973). Annotation copyrighted by Book News Inc., Portland, OR
The 1890s was the peak of the American bicycle craze, and consumers, including women, were buying bicycles in large numbers. Despite critics who tried to discourage women from trying this new sport, women took to the bike in huge numbers, and mastery of the bicycle became a metaphor for women’s mastery over their lives. Spurred by the emergence of the “safety” bicycle and the ensuing cultural craze, women’s professional bicycle racing thrived in the United States from 1895 to 1902. For seven years, female racers drew large and enthusiastic crowds across the country, including Cleveland, Detroit, Indianapolis, Chicago, Minneapolis, St. Louis, Kansas City, and New Orleans—and many smaller cities in between. Unlike the trudging, round-the-clock marathons the men (and their spectators) endured, women’s six-day races were tightly scheduled, fast-paced, and highly competitive. The best female racers of the era—Tillie Anderson, Lizzie Glaw, and Dottie Farnsworth—became household names and were America’s first great women athletes. Despite concerted efforts by the League of American Wheelmen to marginalize the sport and by reporters and other critics to belittle and objectify the women, these athletes forced turn-of-the-century America to rethink strongly held convictions about female frailty and competitive spirit. By 1900 many cities began to ban the men’s six-day races, and it became more difficult to ensure competitive women’s races and attract large enough crowds. In 1902 two racers died, and the sport’s seven-year run was finished—and it has been almost entirely ignored in sports history, women’s history, and even bicycling history. Women on the Move tells the full story of America’s most popular arena sport during the 1890s, giving these pioneering athletes the place they deserve in history. Purchase the audio edition.
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