领会《守则》内涵，重塑职业形象

《中国农业银行员工行为守则》（以下简称《守则》）从做人、处事、履职、执业四大方面统一规范了107种行为,明确规定全行员工在工作及日常生活中应该遵循的基本职业操守和具体合规要求,这是我行核心价值理念和基本职业道德观的集中体现。《守则》的核心和灵魂即“爱岗敬业、诚实守信、勤勉尽责、依法合规”十六字。要重塑职业新形象,必须认真学习《守则》,     

学习、践行《农行员工行为守则》应在有所突破上下功夫

学习、践行《中国农业银行员工行为守则》，重在规范员工行为，打造合规文化。在这改革发展的关键时期，颁布和实施《农行员工行为守则》，其意义非常重大且现实必要。因此，学习、践行《中国农业银行员工行为守则》应在有所突破上下功夫。     

让爱岗敬业成为我们的座右铭

最近,省分行审计处驻六安办事处组织全体人员学习了《中国农业银行员工行为守则》,按照要求,我个人也对《员工行为守则》进行了反复学习和深刻领会,深感《员工行为守则》是规范员工行为的指导性文件,是我们一切行动的指南。它对我们农行正在进行的公司治理建设和合规管理有着重大意义。     

精心组织 认真学习 联系实际 注重实效——各行认真开展《中国农业银行员工行为守则》规章制度学习教育活动

4月22日,省分行营业部举办了《中国农业银行员工行为守则》等规章制度学习教育活动培训班。会上,营业部法律与合规部带领各支行和营业部机关各部门相关员工系统学习了《中国农业银行员工行为守则》和《中国农业银行安徽省分行合规管理实施细则》（试行）等规章制度,阐述了开展《中国农业银行员工行为守则》等规章制度学习教育活动的重要意义,并对各支行及机关各部门的学习教育活动提出了具体的要求。     

滁州分行举办《员工行为守则》等规章制度培训班

为在全行倡导并推行规范的行为守则,加强执行力建设和合规文化建设,培育全员依法合规经营意识,4月15日,滁州分行举办了《中国农业银行员工行为守则》等规章制度培训班,市分行本部全体员工参加了此次培训。培训期间市分行法律与合规部专业人员重点分析和讲解了《中国农业银行员工行为守则》、《中国农业银行合规管理政策》、《中国农业银行安徽省分行合规管理实施细则》等相关内容。     

严格遵守员工行为守则 努力做好金融教研工作

《中国农业银行员工行为守则》（以下简称守则）是农业银行规范农业银行员工行为的准则，是农业银行员工必须遵守的原则。它规范了农业银行员工哪些可为，哪些不可为，是农行员工做人做事一根红线。正如项俊波行长在《守则》教育检查动员大会上讲话中所指出的，农业银行开展《守则》教育检查活动有助于规范全行服务标准，提升全行金融服务水平；有助于防范合规风险和操作风险；     

霍邱支行认真开展《员工行为守则》教育检查活动

根据省分行《关于在全行开展〈中国农业银行员工行为守则〉教育检查活动的实施方案》要求,日前,霍邱支行认真开展《中国农业银行员工行为守则》教育检查活动。     

《守则》的“学”、“守”与“罚”

新《员工行为守则》颁布以来,农行全系统上下正掀起一股学守则、遵守则的热潮。但笔者认为,要真正让《守则》入脑、人心,使按《守则》办事成为员工的自觉行动,切实把《守则》的各项规定落到实处,还必须在学、守、罚三个环节上再下功夫。     

天长支行积极组织员工网上测试《员工行为守则》

天长支行高度重视农总行开展的《员工行为守则》网上测试工作,为了将这项工作开展好,取得好的成效,该行气方面积极组织员工学习农总行颁布实施的《员工行为守则》,要求全体参学员工慎重对待,切不可应付了事;另一方面将所有参加网上测试的人员分为五个批次,开展网上测试,并派专人对这次测试活动进行监督。由于工作得力,准备工作充分,该行参加测试员工的合格率达到100名．平均分在95分以上,圆满的完成了农总行安排部署的《员工行为守则》网上测试工作。     

学习践行《守则》要求精心培育合规文化

《中国农业银行员工行为守则》（下称《守则》）的制定和下发,为全行员工确立行为标准提供了指南,明确了正确做事的基本准则和应该具备的职业操守。深入理解《守则》内在涵义、准确把握具体条文与精神实质,大力弘扬良好的职业道德,精心培育合规文化,是实现安全经营的保障。     

Almanac of anticipations: The age of affluence—of anticipation—of anxiety—of automation—of discontinuity—of longing—of overkill—of space exploration

With this survey of developments in the futures field since 1945, I.F. Clarke completes his present series for Futures. He makes two major points: that forecasting techniques have become essential tools in the management of change; and that nuclear weapons and ecological problems have added a moral dimension to the study of the future. In the next issue of Futures he will start a new series on the range of future-thinking in the USA, from the expectations of the first settlers to the Star Wars programme.     

基金公司经营融资融券业务的问题审视

融资融券业务正式运营已经开展,为证券市场带来了革命性的改革,作为证券市场的一大主体,基金公司面对融资融券也迎来了新的发展方向和挑战,本文从融资融券业务的运行机制入手,分析了基金公司融资融券的新契机,并对其即将面临的问题进行审视和剖析,进而提出策略建议.     

对基层人民银行科技工作的几点建议

银监会分设后,人民银行将专司货币政策、金融稳定、金融服务三大职能。作为人民银行的分支机构,基层人民银行的工作重心也将从金融监管调整到这三大职能上来。人民银行的科技部门,就要积极运用科技手段,为人民银行履行新的职能发挥“服务、支持、促进、发展”的作用。一、围绕三大职能搭建五大平台经过“六五打基础、七五作准备、八五大发展”几个阶段后,人民银行相继实现了核算电算化、清算网络化和办公信息化。特别是近一两年来,陆续开通了大额支付系统、信贷登记咨询系统、会计四集中系统、金融信息服务网站等系统,人民银行信息化水平又…     

The Usefulness of Measures of Consistency of Discretionary Components of Accruals in the Detection of Earnings Management

Abstract:  Prior research has shown the prevalence of measurement error in models used to estimate aggregate discretionary accruals. In these models, the incremental information content of the various components of accruals is ignored. Limited prior research and data gathered from firms under Securities and Exchange Commission (SEC) litigation indicate that managers use either one or more than one component of accruals simultaneously, in a consistent way to manipulate bottom-line earnings in a given direction. I propose two measures that capture the consistency between the discretionary components of accruals and test their significance in earnings management (EM) detection in firms that have artificially added accrual manipulation and firms that were targeted by the SEC for accrual manipulation. There is evidence that this information is incrementally useful in detecting EM. This finding paves the way for improvements in the discretionary accruals measure by including consistency information from the components of aggregate accruals.     

社会主义所有制形式的改革、完善与共产党执政能力的提高

在中国,所有制形式的调整、改革与完善,先进生产力的发展,党的执政能力建设,是社会主义建设过程中密切结合在一起的三个不同层面的发展关系.应在相互促进和共同提高中促进社会的和谐发展,保证社会主义现代化建设战略目标的顺利实现.     

Summary of Results of Survey of Seminar Attendees

Abstract

The Society of Actuaries undertook a three-phase research project on mortality improvement in the three NAFTA countries: Canada, Mexico, and the U.S. Phase 1 consisted of a literature review of papers on projecting mortality levels in the future and a study of the trend in mortality improvement during this century. Phase 2 consisted of a discussion of different facets of modeling mortality rates at a seminar attended by 79 experts (actuaries, demographers, economists, and medical researchers) representing different countries. The last session of the seminar consisted of the completion of a survey by the attendees to obtain input for Phase 3, which would analyze the impact of mortality improvement on the social security system of each country. This paper summarizes the results of the survey.

The survey results illustrate the difficulty in forecasting mortality levels, because the effects of many factors that could have significant impact on mortality rates are unknown. This suggests the need for dynamic forecasting, which allows for the possibility of random shocks. A majority of the survey respondents believe that stochastic forecasting models, despite their complexity, have significant potential to add value. Respondents also believe that both historical data and cause-specific mortality forecasts are useful as input and also in validating forecasts of the aggregate levels of mortality. The challenge is to develop more sophisticated forecasting models to produce results that are relatively easy to interpret and to communicate these results to the desired audiences, including the public and policymakers.

The survey results suggest that the aggregate effect of lifestyle changes, medical advances, diseases, catastrophe, and physical environmental changes is an increase in life span. However, there is much uncertainty about the future. Respondents expect that beyond the year 2020 the mean annual rate of reduction in mortality for males age 65 and over will average about 0.58% for Canada, 0.76% for Mexico, and 0.67% for the U.S. The results for the female age 65 and over population are 0.64%, 0.83%, and 0.70%, respectively. The age 65 and over population is expected to see larger percentage reductions in mortality than the 0–14 and 15–64 populations. The reductions in male and female mortality will be ultimately the same, and the mortality levels in the three countries will ultimately converge, although differences may persist for decades.     

Separation of Unit of Account from Medium of Exchange

The separation of a unit of account (UoA) from a medium of exchange (MoE) in the commodity–money system is investigated by considering explicitly a seller's choice of UoA in terms of either an MoE or a unit of metal weight. If the likelihood of debasement of an MoE and its rate are high enough, the price is posted in terms of a unit of metal weight rather than an MoE. Interestingly, this MoE–UoA separated equilibrium yields the flexible nominal price, whereas an MoE–UoA integrated equilibrium yields the sticky one. This implies the nominal price rigidity in the fiat‐money system where MoE and UoA are integrated.     

银行软件项目外包管理分析

一、引言随着国民经济的不断发展,银行业务与外部企业的联系越来越密切。银行正逐步成为现代经济活动的中心,作为数据处理核心的银行业务应用也越来越大型化、越来越复杂化,因此许多银行也把软件项目逐步由原来的自主开发转变为与公司合作的方式,或直接外包开发的方式,银行本身的技术人员也逐步由开发转向项目管理。二、项目外包的分类银行项目的外包有以下几种情况:①部分子系统外包,有时由于银行的软件项目太大,单靠银行自身的开发力量基本无法在预定的时间内完成项目,只好把相对独立的部分外包;②直接购买软件公司的成熟产品,有些金融软…     

银行管理信息平台建设发展的思考

一、目前国内银行IT发展现状及面临的问题 银行数据集中工作的完成,标志着银行的业务由电子化建设阶段转入信息化建设阶段.一方面银行数据的集中提供了丰富全面的基础数据,面对日益庞大的数据源,如何将数字转化为对银行有用的信息,并从中发现知识,为银行的经营决策提供支持,是摆在银行IT人员面前的一个亟待解决的问题.另一方面用户对银行信息的需求日益增长,如果银行没有一套完整、实用的信息管理系统,将对业务发展非常不利.南京爱立信公司倒戈花旗银行事件曾经轰动一时,其中一个重要原因就是中国本地银行不能满足爱立信全球总部对南京爱立信公司的要求:每周财务上报和每天贷款限额管理.这一事件为中国商业银行的未来发展敲响了警钟,如果不加快管理信息系统的开发,迅速提升业务管理水平,类似的事件还会接连不断地发生,并最终导致国内商业银行在同国外商业银行的竞争中全面溃败.     

Properties of time-series estimates of degree of leverage measures

Empirical studies suggest that time-series regression estimates of the degrees of operating and financial leverage have a tendency to produce measures less than one. According to ex ante theory, these measures should be greater than one for firms operating above the breakeven point. There have also been suggestions that the biases in these estimates may be attributable to an underlying increase in unit sales. This work presents evidence that these counter-intuitive measures are produced by changes in the firm's operating parameters (unit price, variable cost, fixed cost and interest payments). It further suggests that attempts to control for the underlying change in unit sales substantially increase the volatility of predicted estimates.