Bruno Fagali highlights on the Brazilian banking institutions compliance policy

The National Monetary Council, CMN, published a new Resolution 4,595 on August 30. This resolution was on, financial institutions and other organizations authorized by the Central bank of Brazil to operate. It is, however, important to note that the new rules are not applicable when it comes to consortium administrators and compensation organizations. This is because they are governed by strict bank regulations. Bruno Fagali, a member of Fagali Advocacy, enlightens on the subject matter.

Bruno Fagali mentions that Resolution 4,595 that has been established by the CMN is intended to update and strengthen compliance structures. Due to legal purposes, the compliance policy ought to be approved by the board of directors of the company. For the case of credit unions, the policy ought to be approved during the general meeting. The team that is responsible for ensuring the company is fully compliant ought not to be involved in the internal auditing exercise.

Bruno Fagali emphasizes on the minimum parameters that are defined in the conformity policy. These parameters are based on the aims and scope of the compliance function. There must be a set of defined responsibilities for the team that is involved in the compliance function. This is aimed at avoiding future conflicts of interest that may arise in coordinating the activities around the compliance function in the management and internal audit positions.

All companies that conform with the resolution of the compliance function must have their documentation approved by their board of directors. A copy of this resolution must be kept in a place that is accessible by the Central Bank of Brazil. If it happens there is no board of directors formed for this purpose in a period not exceeding five years, the company’s management is required to submit a report indicating the results of the compliance functions. This report must have a summary of the results, its conclusion, recommendations and actions taken.

Bruno Fagali is the co-founder of Fagali Advocacy. He is a Masters of Law holder from the Faculty of Law of USP. Bruno Fagali practices administrative law. He also works at the Brazilian Institute of Business Law and Ethics as the coordinator of operations in the Ethics and Advertising Agencies Commission. Read more:https://about.me/brunofagali

 

 

How Glen Wakeman is Assisting Start-up Firms with Valuable Entrepreneurial Advice

Glen Wakeman in the current CEO of Launchpad Holdings, a firm that deals with the development of software that assists early-stage businesspeople with online business planning services. He co-founded Launchpad in 2015. Launchpad Holdings uses a proven methodology that relies on five fundamental dimensions of performance namely, Leadership, Human Capital, Execution, Risk Management and Governance. The Launchpad Toolkit, for instance, is a software that has a broad library complete with tips and suggestions that guide early entrepreneurs as they launch their first business.

Glen graduated from the University of Scranton in 1981 with a Bachelor of Science in Economics and Finance. He also holds a Master of Arts in Finance that he obtained in 1993 from the University of Chicago. Glen is known worldwide as a successful investor, Financial Services Expert, CEO and mentor executive to a lot of people in the business world. Glen has a deep passion for building businesses by working on individual and corporate agility to enhance innovation, business growth, and executive development. Currently, he offers counsel to C-level executives from startups like Dreamfunded and Sitter Bees.

He launched his career by working for GE Capital where the firm’s Board recognized Glen as a Growth Leadership role model (DailyForexReport). He also established the Nova Four and currently provides CEO coaching and performs Board duties at the firm.

As an investor and writer, Glen Wakeman continues to offer pieces of advice through blog posts about financial matters. He blogs about business transformation, emerging markets, angel financing, guidance on business strategy and management. He is particularly excited about the introduction of machine learning that he believes, will improve decision making, work speed and overall quality of production. Having been in charge of business operations in 30 countries and living in six countries, Glen Wakeman has the expertise and experience in financial management in Businesses.

Dr. Mark Holterman Has A Plan To Make Kids Healthy

The Current Situation

Diabetes is absolutely devastating, but we haven’t done much about its advancement into our young population. There is a serious need to change the route we’re going with our kids and there isn’t much talk about how that will pan out. Fortunately, Dr. Mark Holterman has the solution needed to make sure that this becomes reality. He has spent years dealing with diabetes and he understands what it takes to make sure children don’t fall to this disease before they reach adulthood.

His Solution To It

His solution to the problem is through the use of exercise and diet to help kids better realize what they need to in order to make sure they don’t become victims of the crisis themselves. He understands the importance of these things and he knows that if kids are taught these skills at a young age, they are not likely to abandon them as they grow older. Instead, they will continue to live healthy lifestyles and they will continue to try to find ways to improve their lives and make themselves as fit and active as they can be.

The Numbers Are Here

The most obvious evidence for the work of Dr. Mark Holterman is the actual results. It’s clear that children who go through this program are slated to see the most improvement in their health and are best able to stave off diabetes. He has managed to create a program that the majority of people can agree is perfect for getting children back on the right track (LinkedIn). Given the dire numbers we already see in children today, it’s clear that something needs to be done in order to make sure they are able to take care of themselves as they enter adulthood.

Where Will It Go?

It’s clear that the pathway this is going down is one that will require a change at some point. Holterman understands what needs to be done better than anybody else, but he clearly wants to include so much more. This project is only the beginning of his efforts for our children.

More at https://markholterman.wordpress.com/

How Stream Energy Can Help You Stay Connected To Your Home

Many people have experienced that sinking feeling of opening their energy bill and having their jaw drop at how much higher it was then was expected. Their thoughts then turn to how they can reduce the amount of energy they use so that they don’t experience this very unpleasant surprise again.

The solution is often doing something about all of the gadgets they own that are plugged in 24/7. Many of these devices are consuming power all the time while in standby mode and not in active use (TechNewsSpy). Known as Energy Vampires, they are always on. While one on its own might not draw that much power collectively it can add up to a very substantial amount of energy and thus high energy bills.

Some gadgets don’t consume that much power while in standby mode, such as coffee makers. However, unplugging it when not in use can save roughly $1 a year. More substantial amounts of money can be saved by unplugging them when not in use, such as DVR’s. You can save about $37 a year by cutting its power off.

One area you can save a lot of money is your entertainment center. Put everything there on a power strip and cut everything’s power at once. This can save you $130 a year.

Stream Energy is a company that can help people keep track of their energy use. They also offer other services such as home, wireless, and protective services. This company, based in Dallas, Texas, was first founded in 2004. The founders of the company were Pierre Koshajki and Rob Snyder. It is led by Larry Mondry who serves as the company’s chief executive officer and president.

The services that Stream Energy offers to customers can be used as a way to monitor their homes no matter where they are (https://crunchbase.com/organization/stream-energy). They stay connected and informed about what is happening in their homes. Their energy services are available in several states including New York, Illinois, Georgia, Pennsylvania, Maryland, Texas, New Jersey, as well as Washington D.C. The other services they provide can be accessed anywhere in the United States.