procedures News

UK’s FSA Fines Mitsui Sumitomo Insurance (Europe) $5.4 Million; Bans Exec

The UK’s Financial Services Authority (FSA) announced that it has fined Mitsui Sumitomo Insurance Company (Europe) Ltd (MSIEu) £3.345 million [$5.4 million] “for serious corporate governance failings, and imposed a ban and fine of £119,303 [$192,622] on its former executive …

WTO Risks its Future by Keeping Doha Talks Alive

The 153 members of the World Trade Organization agree on two things: We’re in a hole. And we must keep digging. The hole is the Doha Development Round, a decade-old negotiation that was billed as the next stage of trade …

Best Practices – Procedures

A PROCEDURE is a series of steps followed in a regular and defined order.  Consider your renewal process.  There is a beginning and an end to the process.  It might look like this: This procedure is made up of a …

Best Practices – What Are They

There is much talk in every industry about Best Practices.  So what are Best Practices?  One definition says: Best practice is a management idea that asserts there is a technique, method, process, activity, incentive or reward that is more effective …