Compensation

Compensation is the return of a pending debt with a person or company. It can be through a monetary payment or the delivery of an object or financial title that has the same credit value . If we refer to two subjects that have financed each other, compensation is a way to extinguish these commitments. Suppose, for example, that A has a debt of US … Read more

How the Tobin rate came about

The Tobin rate is the idea of ​​economist James Tobin, Nobel Prize in Economics of 1981, which consisted in taxing financial transactions of foreign exchange. That this economist proposed the establishment of this tax has its raison d’etre. It was in the early 70s. Shortly before, US President Richard Nixon had ended the fixed parity between … Read more

Risk Committee

The Risk Committee in a company is the body responsible for studying the internal and external threats that a firm faces. Based on this, you must also design a prevention system. It should be noted that this committee focuses mainly on the analysis and decision making for risk management . Its resolutions must be carried out by the other areas of … Read more

National Insurance and Bonding Commission (CNSF)

The National Insurance and Bonding Commission (CNSF) is the state entity in charge of supervising insurance companies and consolidating companies in Mexico. The CNSF is a decentralized body of the Ministry of Finance and Public Credit (SHCP) . This institution, in turn, is one of the portfolios that are part of the Mexican government. It should be noted that insurers … Read more

Economic Commission for Latin America and the Caribbean (ECLAC

ECLAC is one of the United Nations regional commissions responsible for promoting economic and social development in the region. Founded in 1948, it has two subregions established later: Central America (1951) and The Caribbean (1966). ECLAC structure This organization has the following executive structure: Executive Secretary. Commission Secretariat. In turn, it has the Public Information … Read more