There has been considerable discussion on a variety of issues related to fair value in the actuarial literature, both in conferences and among individuals interested in this topic. Unfortunately, we seem to be failing to communicate due, in part, to inconsistent use of terminology. The goal of this discussion paper is to present a few concepts that we hope will be of use in the broader discussion of fair value of liabilities.
The role of forensics in anti-money laundering investigations
The authors provide insights into how forensic analysis plays a significant role both in investigating money laundering and assessing its financial impact....