Layering and Shared Service Centre: Difference between pages

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(SSC). Shared Services provide a service by one part of an organisation or group where previously the service had been found in more than one part of the organisation or group. The funding and resourcing of the service is shared so the providing department becomes an internal service provider.  
 
''Money laundering.''
 
The undertaking of a series of financial transactions with the intention of disguising the true source of laundered money.
 
This is often the second stage of money laundering.
 
It would follow initial 'placement' of the illegally obtained money into the legitimate financial system.
 
 
2.
 
''Market manipulation.''
 
The (illegal) practice of simultaneously entering a large number of orders intended to be cancelled - for example to buy - together with a smaller number of orders intended to be executed - for example to sell.
 
The intention is to artificially influence the market price with the subsequently cancelled orders, and to take advantage of that artificial market price with the executed orders.
 


== See also ==
== See also ==
* [[Integration]]
* [[Outsourcing]]
* [[Market abuse]]
* [[Market manipulation]]
* [[Placement]]
* [[Spoofing]]


[[Category:The_business_context]]
[[Category:Compliance_and_audit]]

Revision as of 14:20, 23 October 2012

(SSC). Shared Services provide a service by one part of an organisation or group where previously the service had been found in more than one part of the organisation or group. The funding and resourcing of the service is shared so the providing department becomes an internal service provider.

See also