Bureau Des Services Financiers (Quebec)
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Bureau Des Services Financiers (Quebec)
The Bureau des services financiers (BSF) was an organization in the Canadian province of Quebec responsible for the distribution of financial products and services covering the various disciplines defined by the "Act on the distribution of financial products and services": Insurance of persons, group insurance of persons, damage insurance, claims adjudication, financial planning, mutual fund brokerage, brokerage in investment contracts and brokerage in stock exchange plans studies. The BSF was in operation from 1998 to 2004, when its mission was absorbed under the Autorité des marchés financiers (Quebec). Mission The BSF ensured the protection of the public through the application of the provisions of the Act and its regulations to which certificate holders, firms, representatives and independent corporations, insurers and distributors are subject, and the framework of distribution without a representative. To do so, the BSF was responsible for developing a large part of the regu ...
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Quebec
Quebec ( ; )According to the Government of Canada, Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirteen provinces and territories of Canada. It is the List of Canadian provinces and territories by area, largest province by area and the second-largest by Population of Canada by province and territory, population. Much of the population lives in urban areas along the St. Lawrence River, between the most populous city, Montreal, and the provincial capital, Quebec City. Quebec is the home of the Québécois people, Québécois nation. Located in Central Canada, the province shares land borders with Ontario to the west, Newfoundland and Labrador to the northeast, New Brunswick to the southeast, and a coastal border with Nunavut; in the south it borders Maine, New Hampshire, Vermont, and New York (state), New York in the United ...
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Financial Ethics
Business ethics (also known as Corporate Ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. These ethics originate from individuals, organizational statements or the legal system. These norms, values, ethical, and unethical practices are the principles that guide a business. Business ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization. Business ethics have two dimensions, normative business ethics or descriptive business ethics. As a corporate practice and a career specialization, the field is primarily normative. Academics attempting to understand business behavior employ descriptive methods. The range and quantity of business eth ...
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Organizations Based In Quebec City
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, inclu ...
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Quasi-judicial Bodies
A quasi-judicial body is non-judicial body which can interpret law. It is an entity such as an arbitration panel or tribunal board, that can be a public administrative agency but also a contract- or private law entity, which has been given powers and procedures resembling those of a court of law or judge, and which is obliged to objectively determine facts and draw conclusions from them so as to provide the basis of an official action. Such actions are able to remedy a situation or impose legal penalties, and they may affect the legal rights, duties or privileges of specific parties.''West's Encyclopedia of American Law'', edition 2. Copyright 2008 The Gale Group, Inc. Powers Such bodies usually have powers of adjudication in such matters as: * breach of discipline * conduct rules * trust in the matters of money or otherwise Their powers are usually limited to a very specific area of expertise and authority, such as land use and zoning, financial markets, employm ...
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Economy Of Quebec
The economy of Quebec is diversified and post-industrial with an average potential for growth. Manufacturing and service sectors dominate the economy. If Quebec were a country, its economy would be ranked the 33rd largest in the world just behind Norway. Quebec is also ranked the 21st largest in the Organisation for Economic Co-operation and Development. The economy of Quebec represents 19.65% of the total GDP of Canada. For the 2017-2018 period, Quebec's budget was C$103,7 billion. This budget planned to provide $3 billion more to the healthcare sector over 2 years. The economy of Quebec represents 20.36% of the total GDP of Canada. Like most industrialized countries, the economy of Quebec is based mainly on the services sector. Quebec's economy has traditionally been fuelled by abundant natural resources, a well-developed infrastructure, and average productivity. The provincial GDP in 2010 was C$319,348 billion, making Quebec the second largest economy in Canada. Th ...
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Canadian Administrative Law
Canadian administrative law is the body of law that addresses the actions and operations of governments and governmental agencies in Canada. That is, the law concerns the manner in which courts can review the decisions of administrative decision makers such as a board, tribunal, commission, agency, or Minister of the Crown, Crown minister, while exercising Ministerial discretion (Canadian law), ministerial discretion. Administrative law is concerned primarily with the legality of administrative decision making and with issues of procedural fairness (rights for those affected by the decision to participate in the decision making process). Administrative law concerns the interpretation of statutes and rules of government operations. Courts, when applying administrative law, look to ensure that administrative or governmental actors and bodies observe and act within the legal limits on their authority. Sources of law The powers of an administrative decision-maker ("ADM") are prima ...
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Financial Regulatory Authorities Of Canada
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assess ...
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Ordre Des Administrateurs Agréés Du Québec
The Ordre des administrateurs agréés du Québec (''English: Chartered Administrators Order of Quebec'') (Adm.A.) is a professional Order mandated by the Government of Quebec (Canada) to regulate the practice of the "Administrateurs agréés" (English: Chartered Administrators). Under article 37i of the Quebec Professional Code, Adm.A. may exercise the following professional activities: participate in the establishment, management and management of public bodies or enterprises, determine or remake their structures as well as coordinate and control their production or distribution methods and their economic or financial policies and provide advisory services in these matters. The head office of the "Ordre des administrateurs agréés du Québec" is located in Montreal. Titles Adm.A., CMC and Pl.Fin. The Professional Code of Quebec provides that the "Administrateurs agréés" (Chartered Administrators) shall practice a profession in a reserved capacity in Quebec. Only the "Admin ...
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List Of Business And Finance Abbreviations
This is a list of abbreviations used in a business of financial context. 0-9 *1H – First half of the year *24/7 – 24 hours a day, seven days a week *80/20 – According to the Pareto principle, for many events, roughly 80% of the effects come from 20% of the causes A *ADR – Alternative dispute resolution *AI – Artificial Intelligence *AM – Account manager *AOP – Adjusted Operating Profit *AOP – Annual Operating Plan *AP – Accounts payable *AR – Accounts receivable *ARPU – Average revenue per user *ASP – Average selling price *agcy. – Agency *agt. – Agent *asst. – Assistant *a/c. – Account B *BAU – Business As Usual *BEP – Break Even Point *BIC – Bank Identifier Code *bldg. – Building *BLS – Balance sheet *BMC – Business Model Canvas *BOM – Bill of materials *BPO – Business Process Outsourcing *BPR – Brief Project Report *BPV – Bank Payment Voucher *BRD – Business Requirements Document *BRU – Business Recovery Uni ...
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Applied Ethics
Applied ethics refers to the practical aspect of moral considerations. It is ethics with respect to real-world actions and their moral considerations in the areas of private and public life, the professions, health, technology, law, and leadership. For example, the bioethics community is concerned with identifying the correct approach to moral issues in the life sciences, such as euthanasia, the allocation of scarce health resources, or the use of human embryos in research. Environmental ethics is concerned with ecological issues such as the responsibility of government and corporations to clean up pollution. Business ethics includes questions regarding the duties or duty of 'whistleblowers' to the general public or their loyalty to their employers. History Applied ethics has expanded the study of ethics beyond the realms of academic philosophical discourse. The field of applied ethics, as it appears today, emerged from debate surrounding rapid medical and technological adva ...
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Financial Planning
In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans. This often includes a budget which organizes an individual's finances and sometimes includes a series of steps or specific goals for spending and saving in the future. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan is sometimes referred to as an investment plan, but in personal finance, a financial plan can focus on other specific areas such as risk management, estates, college, or retirement. Context of business In business, a financial plan can refer to the three primary financial statements (balance sheet, income statement, and cash flow statement) created within a business plan. Financial forecast or financial plan can also re ...
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Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commo ...
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