  The Standard Model predictions for $D^0$-$\bar{D}^0$ mixing and CP violation
in $D$ decays are revised. The emphasis is put on obtaining the order of
magnitude of the effects. In the case of mixing, the different approaches to
the long distance contributions are carefully discussed. The size of CP
asymmetries is discussed in general and some specific calculations are
reviewed. The possibility of using kinematic signals is briefly described.}}
