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Basel III compliance with securities financing transactions
The purpose of this paper is to discuss compliant and optimised Basel 3 capital calculations for a bank,specifically focused on Securities Financing Transactions (SFTs). SFTs involve borrowing or lending securities in order to raise short-term financing, and they can make up a significant portion of a bank’s
risk-weighted assets (RWAs). As such, it is important that the calculators used to determine RWAs for SFTs are both compliant with the new Basel 3 regulations and accurately reflect the risk to which the bank is subjected (International Capital Markets Association, 2022).
In order to meet these requirements, the bank must update its existing calculators to ensure compliance with the new regulations and avoid overly punitive RWAs. This involves a thorough understanding of the new regulations and the specific requirements for different types of risk-weighted asset and leverage ratio calculations. It also involves working with technology to deliver these calculations, and testing
them with business users to ensure that they are fit for purpose and accurately reflect the risk to which the bank is subject (Bank for International Settlements, 2022)
‘We are all working toward one goal. We want people to become well’: A visual exploration of what promotes successful collaboration between community mental health workers and healers in Ghana
The practices of traditional and faith-based healers in low- and middle-income countries in Africa and elsewhere have come under intense scrutiny in recent years owing to allegations of human rights abuses. To mitigate these, there have been calls to develop collaborations between healers and formal health services to optimise available mental health interventions in poorly resourced contexts. For various reasons, attempts to establish such partnerships in a sustainable manner in different countries have not always been successful. In this article, we present findings from the Together for Mental Health visual research project to showcase examples of healer–health worker collaborations in Ghana that have been largely successful and discuss the barriers and facilitators to establishing these partnerships. Data reported in this article were collected using visual ethnography and filmed individual interviews with eight community mental health workers, six traditional and faith-based healers and two local philanthropists in the Bono East Region. The findings suggest that successful collaborations were built through mutually respectful interpersonal relationships, support from the health system and access to community resources. Although these facilitated collaboration, resource constraints, distrust and ethical dilemmas had to be overcome to build stronger partnerships. These findings highlight the importance of dedicated institutional and logistic support for ensuring the successful integration of the different health systems in pluralistic settings
Enhancing individual UAV path planning with Parallel Multi-Swarm Treatment Coronavirus Herd Immunity Optimizer (PMST-CHIO) algorithm
This paper introduces the PMST-CHIO, a novel variant of the Coronavirus Herd Immunity Optimizer (CHIO) algorithm, exclusively tailored for individual unmanned aerial vehicle (UAV) path planning in complex 3D environments. While acknowledging and building upon the foundational principles derived from UAV swarm path planning research, the PMST-CHIO distinctively focuses on optimizing the trajectory of single UAVs. It innovatively integrates a parallel multi-swarm treatment mechanism, enhancing the standard CHIO’s exploration and exploitation capabilities significantly. This mechanism diverges from the swarm-based approaches by deploying multiple instances of the CHIO optimizer, each functioning autonomously within its sub-swarm, thereby facilitating independent path planning for individual UAVs. These multiple CHIO instances or CHIO candidates, operate in concert to determine the optimal and collision-free routes, taking into account the unique characteristics of individual UAVs and the intricacies of the service area. The algorithm incorporates two key mechanisms: (1) global exploitation, employing the best solution identified by the highest performing CHIO candidate across the swarms, and (2) a strategic shift from parallel multi-swarm exploration to focused exploration by the top-performing CHIO candidate after a specific iteration threshold is reached. This adaptation significantly improves the algorithm’s global search efficiency, convergence behavior, and navigational accuracy under challenging environments. Extensive simulations and comparative studies validate that the PMST-CHIO can effectively overcome the limitations of the standard CHIO algorithm, yielding safer, shorter, and more compliant flight paths for individual UAVs in intricate 3D landscapes
Sammo Hung: the Kung Fu comic's sublime body
After a brief overview of Sammo Hung’s prolific, protean, and highly influential oeuvre as martial arts performer, choreographer, director, and producer, this chapter focuses on his star image, as established in kung fu comedies during the late 1970s. Here, his skill and agility belied the expectations his rotund frame provoked. This performed a carnivalesque reversal of the muscular physiques typical of Hong Kong’s martial arts stardom. Hung consistently fashioned his star image in particular through play with the iconography of Bruce Lee. Drawing on Henri Bergson’s theories regarding laughter, the chapter proposes that Hung’s comedy brings the ideal martial arts body down to earth in a moment of bathos but also involves a sublimation of his emphatic materiality in an image of grace and physical freedom, celebrating corporeality rather than denying it. The chapter concludes by examining two recent films which seem to evoke Hung’s body: Kung Fu Panda (2008) and the Enter the Fat Dragon (2020)
Strategic fertility, education choices, and conflicts in deeply divided societies
Fertility becomes a strategic choice for minorities when having a larger share of the population helps to increase power. If parents invest resources to educate their children,
raising fertility for strategic reasons might be at the cost of future human capital. We dispel this view using census data from several developing countries. We show that religious and ethnic minorities in Indonesia, China and Malaysia tend to invest more in both education and fertility compared to larger groups. Solving for the Nash equilibrium of an appropriation game between two groups with education and fertility being prescribed as group-specific behavioral norms, we offer a rationale for the observed patterns provided that human capital is an important input to appropriation
A mobile/tablet app-based patient records management system using blockchain
As of 2022, the healthcare industry plays a crucial role in enhancing the quality of life as well as the overall well-being of individuals as it offers an extensive array of services across the globe. With the emergence of new technologies in the medical field, the healthcare universe is drastically evolving to provide better medical care, and such an example is the EHR systems. They changed the manner that patient medical health information is registered, stored, and shared. The traditional paper-based records systems have completely been replaced with its digital counterparts that offer superior benefits like better management of patients’ medical records, raise in healthcare productivity, superior decision-making at managerial level and finally, a reduction in the overall healthcare expenditures. With the new EHR systems, patients can have access to their health records and take control over its management. However, the EHR systems are yet to be perfectionated and currently face numerous challenges like serious concerns related to data privacy, data interoperability, data ownership and date security, amongst others. Additionally, patient misidentification and misdiagnosis, are becoming a prevalent occurrence in medical care institutions that will have serious repercussions over patients’ health or lives if this issue is not tackled at the earliest. Therefore, this project aims at developing the PatientCare Mauritius application. It is a mobile app-based patient records management system that makes use of blockchain technology with IPFS system to store and secure the patients’ medical health records against cyber-attacks and other vulnerabilities as well as incorporating the NFC technology with patients’ photo ID. The combination of NFC with photo ID contributes to accurately identifying patients at medical facilities to prevent patient misdiagnosis. To further uphold the acceptance and usability of the PatientCare Mauritius application, the Technology Acceptance Model (TAM) was adopted, and it made use of five constructs. The outcome was that the application obtained a TAM score of 4.33, implying that the PatientCare Mauritius application was valuable and user-friendly
Negotiated encoding and decoding of sensitive heritage
Sensitive heritage can recreate or intensify the past conflicts and tensions with the issues of heritage representation and interpretation in contemporary contexts. Dealing with sensitive heritage in contemporary contexts encompasses a balance of its moral, political and cultural values. While drawing attention to the potential of tourism as an active and creative agent for peacebuilding and reconciliation, this chapter aims to critically evaluate how the negotiation processes of sensitive heritage are engaged with both encoding and decoding in the process of interpreting difficult past. This evaluation raises questions of how and to what extent sensitive heritage can be negotiated through heritage representations, interpretations and tourist perceptions. This chapter will evaluate a discursive relationship between negotiated encoding and decoding of sensitive heritage, with a greater emphasis on power relations, meaning-making processes and peacebuilding narratives. We employ semi-structured interviews, as well as netnographic discourse analysis of social media content generated from the Memorial Hall of the Victims in Nanjing Massacre by Japanese Invaders in China. This case study will focus on post-colonial heritage conflicts and negotiations, particularly in dealing with the traumatic memories of Japanese colonialism that require more scholarly attention in the context of heritage and peace-building. The findings will contribute to a critical understanding of negotiated encoding and decoding of nationalism, cultural trauma, and peace-building. The significance of more inclusive representations, localised and context-specific negotiation practices will be of interest to various stakeholders in heritage interpretation, peace-building dialogues, and commemoration processes
An exploration of parents’ perception of Pupil Referral Units (PRUs) in the development of parent voice and authentic, productive and lasting partnerships
This study explores experiences of parents of children excluded from schools and attending Pupil Referral Units (PRUs), which research shows is considered to be a stigmatising experience. Negative narratives around PRUs have been well documented; they are portrayed as schools to avoid. Working-class, minority ethnic and vulnerable pupils are overrepresented in PRUs, with little variation in this pattern since their introduction.
Conceived within a critical constructivist paradigm, informed by Freire, Kincheloe and Bourdieu, this ethnographic study fills a gap in how this issue is addressed by broadening the investigation to offer critical insights into historical, political and ideological factors impeding effective strategies for exclusion. Semi-structured interviews and a focus group were used to gather data from parents and key stakeholders. Reflexive thematic analysis and narrative inquiry were used for analysis purposes.
My study shows that PRUs remain peripheral to a fragmented education system, increasingly subject to neoliberal principles. Parents experience powerlessness in the process of exclusion, fear sending their children to PRUs and desire a quick return to mainstream. PRUs’ and mainstream schools’ conflicting priorities make reintegration problematic. Pupils stay in PRUs often for many years.
This study proposes giving PRUs a pivotal role, giving statutory weight to designing reintegration plans, including determining subsequent mainstream placements at the point of exclusion, with pupils’ stay at a PRU time-limited. Acknowledging PRUs as operating in a liminal space with the practical wisdom (phronesis) needed to deal with complex needs, PRUs can become arbiters in determining pupils’ readiness for reintegration. Trained in advocacy and non-behaviourist, relational approaches, staff can foster lasting partnerships with parents, often labelled hard to reach, advocating for them in challenging exclusion decisions and supporting them in navigating the education system, accessing other support services, to improve chances of a successful and sustainable reintegration
Bewildering early childhood ‘pioneers’
Familiarity with ‘the pioneers’ of early childhood is deemed essential knowledge for anyone seeking to understand how contemporary conceptualisations of child/hood have come about, how children are positioned in relation to adults, and how ideas circulate about the ways children behave, learn, interact and find their place in the world. We place ‘(the) pioneer(s)’ in inverted commas precisely because the concept of pioneering is contested and deeply problematic. This Special Issue is committed to critically considering precisely what ‘pioneer’ means in the context of early childhood. Inspired by Snaza’s (2013) proposition to bewilder ‘the pioneers’, this Special Issue pursues ideas about early childhood that are not shaped by, and founded upon Western imaginaries of child/hood/s. Bewildering is a concept and practice that actively disrupts the colonial connotations and implications of ‘the pioneer’, as a civilizing force heading into the wilderness, to prepare the way for the production of certain sorts of humans
Way of the intercepting pun: language and the body in Stephen Chow's carnival of kung fu
This chapter considers the ways Stephen Chow’s performance style brings together comedy and kung fu. It explores differences and affinities between Chow’s mo lei tau humor and the carnivalesque bodies we see in kung fu comedies from the late 1970s (such as those of Jackie Chan). It examines the ways these films offered a narrative blueprint for the typical Stephen Chow film. Chow metaphorizes the martial arts to imagine forms of linguistic and cultural expertise and so articulate a political and social position allied to the downtrodden and to local Hong Kong identities. He does so through a mode of performance that is both strikingly verbal but also deeply rooted in a comic martial body. Chow’s amalgamation of kung fu and comedy is underpinned by the potential they share as carriers of a stateless, carnival, popular subjectivity that resists the ordering effects of “official,” national or high culture