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Problem:
(a) The Mauritius Automated Clearing and Settlement System (MACSS) is the Mauritian Real-time Gross Settlement (RTGS) system.
(i) Outline briefly the concept of RTGS.
(ii) Name the three main system components of the MACSS.
(iii) Explain how the S.W.I.F.T. FIN Y-Copy works.
(iv) Within the context of MACSS, explain what you understand by the term "Contingency Event" and list two main potential types of Contingency event.
(v) When does a MACSS application event occur?
(b) Cryptography is used to protect data from theft or alteration and for user authentication. Outline the three general types of cryptographic schemes used to accomplish these goals.
(c) What is Electronic Data Interchange?
(d) Fedwire, CHIPS and SWIFT are the three wire-transfer systems used in the United States.
(i) Outline the main differences among these three wire-transfer systems.
(ii) Explain how money launderers try to use wire transfers to launder money.
Question 1: (a) Show the forces driving cross-border mergers that operate more strongly than the reasons for transactions that take place within a given country's border. (b
Question: (a) (i) Introduction and development- negative cash flows, low turnover, large overheads due to marketing expenses, marketing mix includes sales promotion.
Question 1: Capital Expenditure Decisions and Investment Criteria (30 MARKS) In recent years Morten Ltd, a company that manufactures and markets a range of p
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ADIA is a government-owned investment organization that administers the sovereign wealth fund for Abu Dhabi, United Arab Emirates. As per the Sovereign Wealth Fund Institute's rank
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