No December 2010 RULES. on Foreign Exchange Balance
|
|
- Benedict Bryan
- 6 years ago
- Views:
Transcription
1 RULES on Foreign Exchange Balance Article 1 Scope These Rules apply to credit institutions that have been granted operating licences in accordance with Article 4, Paragraph 1, Subparagraphs 1-4 of the Act on Financial Undertakings, no 161/2002, with subsequent amendments; cf. Article 4, Paragraph 2 of the same Act, hereinafter referred to as financial undertakings. Article 2 Definitions Capital base: The capital base is calculated as is set forth in Article 84 of the Act on Financial Undertakings, no. 161/2002, with subsequent amendments. The calculation shall be based on the undertaking s capital base according to its last financial statements. Financial undertakings are authorised to adjust the capital base at the end of the month to reflect exchange rate movements, provided that the Central Bank is explicitly notified of such changes. If this authorisation has been used, a corresponding adjustment upwards or downwards shall be made at the end of each month. Assets and liabilities in foreign currency: Assets, liabilities, and off-balance sheet items in foreign currency, as well as domestic-currency items that are based on foreign currency exchange rates. Forward position: All transactions in foreign currency that are settled after three or more business days, including currency swaps and other swap agreements. Total foreign exchange balance: The sum of a financial undertaking s positive open foreign exchange positions (net long position) less the sum of its negative open foreign exchange positions (net short position). Current position in a foreign currency: Assets and liabilities in the currency in question, including current transactions to be settled within three business days. Open foreign exchange position in individual currencies: All assets, liabilities, and off-balance sheet items in the currency in question in which the financial undertaking itself bears exchange rate risk. The definition of risk shall be based on the Act on Financial Undertakings, no 161/2002, as appropriate. Article 3 Itemisation of assets and liabilities in foreign currency Financial undertakings are required to itemise their current assets in the following 1. Deposits with the Central Bank of Iceland. 2. Central Bank of Iceland certificates of deposit. 3. Nostro accounts. 4. Other deposits and interest-bearing agreements.
2 5. Listed bonds and bills issued by a state, central bank, international institution, or international development bank, or securities bearing a guarantee from these entities; cf. Articles 11 and 14 of the Financial Supervisory Authority s Rules on the Capital Requirement and Risk-Weighted Assets of Financial Undertakings, no. 215 of 2 March Other listed bonds and bills. 7. Listed equities. 8. Unlisted equities. 9. Shares in mutual funds. 10. Short-term loans for periods under one year. 11. Long-term loans for periods over one year. 12. Current transactions with a settlement date within three business days. 13. Assets other than those specified above. Financial undertakings are required to itemise their current liabilities in the following 1. Transactions with the Central Bank of Iceland according to the Bank s current Rules on Central Bank Facilities for Financial Undertakings, excluding forward transactions. 2. Liabilities towards Central Bank of Iceland other than those specified in Subparagraph Collateralised loans and repurchase agreements with parties other than the Central Bank of Iceland. 4. Issued bills. 5. Issued bonds maturing within one year. 6. Issued bonds maturing in more than one year. 7. Covered bonds issued according to the Act on Covered Bonds, no. 11/ Syndicated loans. 9. Bilateral loan agreements with financial undertakings. 10. Interest-bearing agreements and deposits from financial undertakings. 11. Interest-bearing agreements and deposits from pension funds, mutual funds, and investment funds. 12. General deposits. 13. Current transactions with a settlement date within three business days. 14. Liabilities other than those specified above. Financial undertakings are required to itemise their forward assets in the following
3 Forward foreign currency agreements. 1. Forward foreign currency swap agreements. 2. Cross-currency interest rate swaps. 3. Options. 4. Other assets creating a forward position. Financial undertakings are required to itemise their forward liabilities in the following 1. Forward foreign currency agreements. 2. Forward foreign currency swap agreements. 3. Cross-currency interest rate swaps. 4. Options. 5. Other liabilities creating a forward position. Article 4 Calculation of open foreign exchange position The calculation of the open foreign exchange position shall include the following items: 1. All assets in foreign currency less liabilities in foreign currency, but including accrued interest not yet due and payable (net current position). 2. The position of forward contracts, futures, and currency swaps, insofar as these agreements are not included in the net current position (net forward position). Currency swap agreements and forward contracts shall be treated as an asset in one currency and as a liability in the other. 3. Irrevocable guarantees in foreign currency and similar instruments that are certain to be called and unlikely to be reclaimable. 4. Total net delta value of currency options. Financial undertakings trading in options shall calculate the delta value in accordance with the provisions of the Financial Supervisory Authority's Rules on the Capital Requirement and Risk-Weighted Assets of Financial Undertakings, no. 215/ The market value of derivatives contracts in foreign currency other than those specified in Subparagraphs 2 and 4 above. In calculating the open position in individual currencies, basketed currency units must be broken down according to the weight of each component currency. In calculating the open foreign exchange position, amounts shall be converted using the central exchange rate (mid-rate) of the Icelandic króna as it is published on the Central Bank of Iceland website at the end of each month. Market makers in the foreign exchange market are authorised, however, to use the closing exchange rate published by the institution concerned at the end of each month.
4 Article 5 Foreign exchange balance The foreign exchange balance to which these Rules apply shall always remain within the following limits: 1. An open position in individual foreign currencies may be neither positive nor negative by more than the equivalent of 15% of the undertaking s capital base according to its most recent financial statements; cf., however, Article 2, Paragraph The total foreign exchange balance may be neither positive nor negative by more than the equivalent of 15% of the undertaking s capital base according to its most recent financial statements; cf., however, Article 2, Paragraph 1. Should the foreign exchange balance deviate from the limits set forth in these Rules, the financial undertaking concerned must take action so as to eliminate the difference within a maximum of three business days. If a financial undertaking s measures fail to achieve this, the Central Bank may calculate periodic penalties in accordance with Article 2, Paragraph 1 of the Rules on the Imposition of Periodic Penalty Payments, no. 389 of 29 May 2002, to be levied on the amount by which the balance exceeds the stipulated limit. Article 6 Exemptions The Central Bank may authorise a financial undertaking to maintain a separate positive foreign exchange balance, apart from the general foreign exchange balance provided for in Article 5, for the purpose of hedging against the impact of changes in the exchange rate of the króna on its capital adequacy ratio, provided that the undertaking concerned submits a report stating the premises and calculations used to determine the size of the separate positive foreign exchange balance and that it gives regular account of it in its reports to the Central Bank. Article 7 Reporting Parties to whom these Rules apply shall submit to the Central Bank a monthly report on their foreign exchange balance as is specified in Article 3, cf. Article 4, within 15 days of each month-end. The Central Bank of Iceland may demand more frequent reports than is specified here. At any time, the Central Bank may also request more detailed information on the itemisation of assets and liabilities in accordance with Article 3. Market makers in the interbank foreign exchange market shall also submit daily reports on their foreign exchange balance. The report shall specify only the total current position of assets and liabilities, on the one hand, and the forward position of assets and liabilities, on the other. If a financial undertaking neglects to submit this information to the Central Bank at the time specified in these Rules, the Bank may impose periodic penalties on the financial undertaking concerned, according to the Rules on the Imposition of Periodic Penalty Payments, currently no. 389 of 29 May 2002.
5 Article 8 Entry into force These Rules are set in accordance with the authority contained in Article 13 of the Act on the Central Bank of Iceland, no. 36/2001, and Article 8 of the Foreign Exchange Act, no. 87/1992, and shall enter into force on 1 January At that time, the Rules on Foreign Exchange Balance, no. 707 of 14 August 2009, shall be abrogated. Temporary provisions I. Because of circumstances developing in the wake of the collapse of the Icelandic banking system, the Central Bank of Iceland may authorise financial undertakings to hold a separate positive or negative foreign exchange balance temporarily, if necessary. A financial undertaking shall base its application for such an authorisation on a dated schedule specifying how it intends to achieve a foreign exchange balance in compliance with these Rules, including a thorough description of the actions it intends to take. Exemptions in accordance with this provision shall not be granted for a period extending beyond 1 January This temporary provision shall expire on 1 January Reykjavík, 6 December 2010 Central Bank of Iceland Már Guðmundsson Governor Tryggvi Pálsson Director
RULES. on foreign exchange
RULES on foreign exchange Article 1 Objectives The purpose of these Rules is to restrict or stop, on a temporary basis, certain types of cross-border capital movements or foreign exchange transactions
More informationRules on Central Bank of Iceland securities lending facilities on behalf of the Treasury for primary dealers
Rules on Central Bank of Iceland securities lending facilities on behalf of the Treasury for primary dealers These rules are set on the basis of Article 9 of the agreement dated June 2, 2009, between the
More informationRULES on Foreign Exchange
RULES on Foreign Exchange CHAPTER I Cross-border movement of domestic currency Article 1 General Cross-border movement of capital shall mean the transfer or transport of capital across national borders
More informationAGREEMENT. between the Ministry of Finance and the Central Bank of Iceland on Treasury debt management
AGREEMENT between the Ministry of Finance and the Central Bank of Iceland 1. Foundation of the Agreement Pursuant to Article 1 of the Act on the National Debt Management Agency, no. 43/1990, the National
More informationTerms of Currency Transactions
18 November 2011 Terms of Currency Transactions in accordance with the Central Bank of Iceland's Investment Programme SI-79753 INVESTMENT PROGRAMME TO REMOVE CURRENCY CONTROLS 1. The Central Bank of Iceland
More informationHousing Financing Fund
Housing Financing Fund Financial Statements for the year 2009 Housing Financing Fund Borgartún 21 105 Reykjavík Iceland Reg. no. 661198-3629 Contents Page Endorsement and Statement by the Board of Directors
More informationSection 1 This Act contains provisions governing the right of Swedish banks and credit market undertakings to issue covered bonds.
Covered Bond Issuance Act (SFS 2003:1223) Issued: 18 December 2003, came into force 1 July 2004 Implemented changes: through SFS 2010:320 Chapter 1 Introductory provisions Scope of the Act Section 1 This
More informationHousing Financing Fund
Housing Financing Fund Financial Statements for the year 2008 Housing Financing Fund Borgartún 21 105 Reykjavík Iceland Reg. no. 661198-3629 Contents Page Endorsement and Statement by the Board of Directors
More informationTerms of Foreign Exchange Transactions
18 November 2011, with subsequent amendments SI-79753 Terms of Foreign Exchange Transactions according to the Investment Programme for capital account liberalisation THE INVESTMENT PROGRAMME FOR CAPITAL
More informationOOO UBS Bank Financial statements
Financial statements Year ended 31 December 2010 Together with Independent Auditor s Report ООО UBS Bank 2010 Financial statements Contents Independent auditors' report Statement of financial position...
More information3 Decree of Národná banka Slovenska of 26 April 2011
3 Decree of Národná banka Slovenska of 26 April 2011 amending Decree No 4/2007 of Národná banka Slovenska on banks' own funds of financing and banks' capital requirements and on investment firms' own funds
More informationCALCULATING CAPITAL REQUIREMENTS FOR FOREIGN EXCHANGE RISK
CALCULATING CAPITAL REQUIREMENTS FOR FOREIGN EXCHANGE RISK A credit institution must calculate the net foreign exchange position arising on its entire business activities (i.e. trading and banking books)
More informationArticle 1. Article 2 II OBLIGATIONS OF CREDIT INSTITUTIONS UNDERGOING WINDING-UP PROCEEDINGS. Article 3
Pursuant to Article 29 and Article 43, paragraph (2), item (9) of the Act on the Croatian National Bank (Official Gazette 75/2008), and in relation to Article 16, paragraph (1) of the National Payment
More informationCOMMERZBANK (EURASIJA) AO
COMMERZBANK (EURASIJA) AO International Financial Reporting Standards Financial Statements and Independent Auditor s Report 31 December 2016 TRANSLATOR'S NOTE: This version of our report is a translation
More informationFINANCIAL INSTITUTIONS (AMENDMENT) ACT 2014
C T FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2014 Act 22 of 2014 Financial Institutions (Amendment) Act 2014 Arrangement of Sections C T FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2014 Arrangement of Sections
More informationAnnex 8. I. Definition of terms
Annex 8 Methods used to calculate the exposure amount of derivatives, long settlement transactions, repurchase transactions, the borrowing and lending of securities or commodities and margin lending transactions
More informationINTERNATIONAL MONETARY FUND. Borrowing Agreement with the Government of Canada. Prepared by the Finance Department and the Legal Department
INTERNATIONAL MONETARY FUND Borrowing Agreement with the Government of Canada Prepared by the Finance Department and the Legal Department Approved by Andrew Tweedie and Sean Hagan June 10, 2009 I. INTRODUCTION
More informationACT ON BANKS. The National Council of the Slovak Republic has adopted this Act: SECTION I PART ONE BASIC PROVISIONS. Article 1
ACT ON BANKS The full wording of Act No. 483/2001 Coll. dated 5 October 2001 on banks and on changes and the amendment of certain acts, as amended by Act No. 430/2002 Coll., Act No. 510/2002 Coll., Act
More informationRegulation No.22/27/2006 regarding the capital adequacy of credit institutions and investment firms. CHAPTER I General provisions
NATIONAL BANK OF ROMANIA NATIONAL SECURITIES COMMISSION Regulation No.22/27/2006 regarding the capital adequacy of credit institutions and investment firms CHAPTER I General provisions Art. 1 - (1) This
More informationReport of the Management 3. The Supervisory Council and the Board of Directors of the Bank 4. Statement of Responsibility of the Management 5
A/S REĢIONĀLĀ INVESTĪCIJU BANKA ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2006 CONTENTS Report of the Management 3 The Supervisory Council and the Board of Directors of the Bank 4 Statement of Responsibility
More informationDETAILED REGULATIONS OF THE REGULATIONS ON FINANCIAL INVESTMENT BUSINESS
DETAILED REGULATIONS OF THE REGULATIONS ON FINANCIAL INVESTMENT BUSINESS January 21, 2009 Amended on May 12, 2009 Jul. 6, 2009 Jul. 24, 2009 Dec. 22, 2009 Jan. 6, 2010 Apr. 9, 2010 Jul. 26, 2010 Jul. 30,
More informationCovered Bond Act (688/2010) In accordance with the decision of the Parliament the following is enacted:
UNOFFICIAL TRANSLATION Covered Bond Act (688/2010) In accordance with the decision of the Parliament the following is enacted: Chapter 1 Section 1 General provisions Scope of application This Act provides
More informationLBI ehf. Annual Financial Statements. LBI ehf. Álfheimum Reykjavík Reg. No
Annual Financial Statements 2015 Álfheimum 74 104 Reykjavík Reg. No. 540291-2259 Annual Financial Statements 2015 Content Endorsement by the Winding- up Board 2-5 Income Statement 6 Balance Sheet 7 Statement
More informationDRAFT JOINT STANDARD * OF 2018 FINANCIAL SECTOR REGULATION ACT NO 9 OF 2017
File ref no. 15/8 DRAFT JOINT STANDARD * OF 2018 FINANCIAL SECTOR REGULATION ACT NO 9 OF 2017 DRAFT MARGIN REQUIREMENTS FOR NON-CENTRALLY CLEARED OTC DERIVATIVE TRANSACTIONS Under sections 106(1)(a), 106(2)(a)
More informationNAB requests the production of a Regulatory Impact Statement (RIS) and a period of public consultation on the draft legislation.
National Australia Bank 800 Bourke St Docklands VIC 3008 15 May 2017 Ms Diane Brown Division Head Financial System Division Department of Treasury Via email: Diane.Brown@treasury.gov.au Dear Ms Brown RE:
More informationDefinitions and concepts for the statistical reporting of credit institutions Banque centrale du Luxembourg
In case of discrepancies between the French and the English text, the French text shall prevail Definitions and concepts for the statistical reporting of credit institutions Banque centrale du Luxembourg
More informationBUILDERS RISK COVERAGE FORM
BUILDERS RISK COVERAGE FORM COMMERCIAL PROPERTY CP 00 20 06 07 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered.
More informationNOTICE FINANCIAL SERVICES BOARD. No. 2012
NOTICE FINANCIAL SERVICES BOARD No. 2012 PENSION FUNDS ACT, 1956: REGULATION 28 OF THE REGULATIONS MADE UNDER SECTION 36 OF THE ACT: CONDITIONS FOR THE USE OF DERIVATIVE INSTRUMENTS I, Dube Phineas Tshidi,
More informationEVLI SWEDISH SMALL CAP FUND
EVLI SWEDISH SMALL CAP FUND FUND-SPECIFIC RULES The fund rules consist of fund-specific rules and common rules based on the UCITS IV Directive. 1 The Fund The name of the mutual fund will be Sijoitusrahasto
More informationMinutes of the Monetary Policy Committee meeting, August 2016
The Monetary Policy Committee of the Central Bank of Iceland Minutes of the Monetary Policy Committee meeting, August 2016 Published 7 September 2016 The Act on the Central Bank of Iceland stipulates that
More informationAre you aware of the latest market developments and regulations?
LCP EXPLAINS: Keeping on top of your LDI portfolio 1 TEST YOURSELF Are you prepared for cash calls? APRIL 2017 LCP EXPLAINS Keeping on top of your LDI portfolio Are you aware of the latest market developments
More informationBanking Department Income Statement for the year to 29 February 2008
52 Bank of England Annual Report 2008 Banking Department Income Statement for the year to 29 February 2008 Note Profit before tax 4 197 191 Corporation tax net of tax relief on payment to HM Treasury 7
More informationPASHA YATIRIM BANKASI A.Ş. FINANCIAL STATEMENTS AS AT 31 DECEMBER 2017 TOGETHER WITH INDEPENDENT AUDITOR S REPORT
FINANCIAL STATEMENTS AS AT 31 DECEMBER 2017 TOGETHER WITH INDEPENDENT AUDITOR S REPORT CONTENTS Independent auditors review report Statement of financial position... 1 Statement of income... 2 Statement
More informationNATIONAL BANK OF THE REPUBLIC OF MACEDONIA
NATIONAL BANK OF THE REPUBLIC OF MACEDONIA Pursuant to Article 31 and Article 64 paragraph 1 item 22 of the Law on the National Bank of the Republic of Macedonia ("Official Gazette of the Republic of Macedonia"
More informationDBS BANK (HONG KONG) LIMITED
Preference Shares SCHEDULE B ABOVE REFERRED TO DBS BANK (HONG KONG) LIMITED FORM OF PREFERENCE SHARES AND FORM OF PREFERENCE SHARE PRICING TERMS The Preference Shares shall have the rights and be subject
More informationLAZARD EMERGING WORLD FUND
If you are in any doubt about the contents of this Supplement, you should consult your stockbroker, bank manager, solicitor, accountant or other independent financial adviser. The Directors of Lazard Global
More informationData survey on the Liquidity Coverage Ratio (LCR) as part of the implementation of Basel III
FAQs Data survey on the Liquidity Coverage Ratio (LCR) as part of the implementation of Basel III (status: 15 March 2013) A. General questions 1. What accounting standard should be used when completing
More informationSection 33/2010 Gazette of Národná banka Slovenska NBS Decree No. 15/
Section 33/2010 Gazette of Národná banka Slovenska NBS Decree No. 15/2010 341 15 DECREE of Národná banka Slovenska of 21 September 2010 on disclosures by banks and branches of foreign banks In accordance
More informationGENERAL NOTICES NOTICE 569 OF 2003 FINANCIAL SERVICES BOARD
GENERAL NOTICES NOTICE 569 OF 2003 FINANCIAL SERVICES BOARD COLLECTIVE INVESTMENT SCHEMES CONTROL ACT, 2002 Under sections 25, 42, 45, 77, 90 and 114(3) of the Collective Investment Schemes Control Act,
More informationHSBC FTSE 100 UCITS ETF
The Company and the Directors of HSBC ETFs PLC (the Directors ) listed in the Prospectus in the Management and Administration section, accept responsibility for the information contained in this Supplement.
More informationThe Guidance Note for the investment of Non- Resident Foreigners in the Parallel Market
The Guidance Note for the investment of Non- Resident Foreigners in the Parallel Market Issued by the Board of the Capital Market Authority Pursuant to Resolution Number 4-95-2017 Dated 26/01/1439H Corresponding
More informationNATIONAL BANK OF THE REPUBLIC OF MACEDONIA
NATIONAL BANK OF THE REPUBLIC OF MACEDONIA Pursuant to Article 64 paragraph 1 item 22 of the Law on the National Bank of the Republic of Macedonia ( Official Gazette of the Republic of Macedonia No. 3/2002,
More informationDECEMBER 2017 ON MANDATORY MARGINING OF NON-CENTRALLY CLEARED OTC DERIVATIVES FINAL REPORT MOSCOW
FINAL REPORT OF NON-CENTRALLY CLEARED MOSCOW This is an unofficial translation for information purposes only. If there are any discrepancies between the original Russian version and this translated version,
More informationStatement of changes in equity Other components Issued and of equity Retained earnings paid-up share capital Revaluation surplus Total equity on available-for-sale attributable to the Non - controlling
More informationConsolidated Financial Statements 2011
Consolidated Financial Statements 2011 Landsbankinn hf. Reg. no. 471008-0280 410 4000 landsbankinn.is This page has been left blank intentionally. Content Page Endorsement and Statement by the Board of
More informationInternational Financial Reporting Standards Financial Statements and and Independent Auditor s Report
AO COMMERZBANK (EURASIJA) International Financial Reporting Standards Financial Statements and and Independent Auditor s Report 31 December 2017 CONTENTS INDEPENDENT AUDITOR S REPORT FINANCIAL STATEMENTS
More informationThe Warsaw Stock Exchange Rules
The Warsaw Stock Exchange Rules (text according to legal condition at 1 September 2016)* *The Warsaw Stock Exchange Rules adopted in Resolution No. 1/1110/2006 of the Exchange Supervisory Board dated 4
More informationAssistance in the Collection of Taxes (Article 27) and its Commentary. Article 27 ASSISTANCE IN THE COLLECTION OF TAXES 1
Finalised Text as Agreed by Committee of Experts on International Cooperation in Tax Matters, at its Second Session, Geneva, 30 October-3 November 2006 Assistance in the Collection of Taxes (Article 27)
More informationDecision on foreign exchange risk exposure limits of credit institutions. (Official Gazette 38/2010 and 62/2011 unofficial consolidated version)
Decision on foreign exchange risk exposure limits of credit institutions (Official Gazette 38/2010 and 62/2011 unofficial consolidated version) Decision on foreign exchange risk exposure limits of credit
More informationBoard s proposal concerning a share saving programme for senior executives
1 (6) Board s proposal concerning a share saving programme for senior executives The Board of Directors proposes that the annual general meeting resolves on the implementation of a long-term share saving
More informationMONETARY POLICY COMMITTEE REPORT TO PARLIAMENT
MONETARY POLICY COMMITTEE REPORT TO PARLIAMENT 2015 1 Monetary Policy Committee report to Parliament 1 Monetary Policy Committee report to Parliament 2 Monetary Policy Committee report to Parliament 7
More informationThe custodian of the Fund is Skandinaviska Enskilda Banken AB (publ) Helsinki Branch (hereinafter the Custodian ).
1 UB Asia REIT Plus Fund UB Fund Management Company Ltd Registered domicile and address Helsinki, Aleksanterinkatu 21 A, 00100 HELSINKI Business identity code 2118101-5 Fund Rules The Financial Supervision
More informationMinutes of the Monetary Policy Committee meeting September 2010
The Monetary Policy Committee of the Central Bank of Iceland Minutes of the Monetary Policy Committee meeting September 2010 Published: 6 October 2010 The Act on the Central Bank of Iceland stipulates
More informationRIJKSWATERSTAAT DBFM AGREEMENT. Standard 3.0. Date 28 March 2012 Status Final
3 DBFM AGREEMENT Standard 3.0 Date 28 March 2012 Status Final Contents 1. DEFINITIONS... 6 2. KEY OBLIGATIONS AND TERM... 6 2.1 KEY OBLIGATIONS OF THE CONTRACTOR... 6 2.2 KEY OBLIGATIONS OF THE CONTRACTING
More informationANNOUNCEMENT OF 2005 INTERIM RESULTS
(Stock Code: 23) ANNOUNCEMENT OF 2005 INTERIM RESULTS INTERIM RESULTS The Directors of The Bank of East Asia, Limited ( BEA ) are pleased to announce the unaudited results 1 of the Bank and its subsidiaries
More informationChapter 6 Financial statements
Chapter 6 Financial statements Consolidated statement of financial position 51 Consolidated income statement 52 Consolidated statement of comprehensive income 52 Consolidated statement of cash flows 53
More informationNon-Consolidated Financial Results of Toyo Trust & Banking
November 22, 2001 Non-Consolidated Financial Results of Toyo Trust & Banking For the Six Months Ended September 30, 2001, a subsidiary of UFJ Holdings, Inc., today announced that the board of directors
More informationDECISION on detailed conditions for granting loans to banks in case of their liquidity needs I. BASIC PROVISIONS
Pursuant to Article 44 paragraph 2 point 3 and in conjunction with Article 16 of the Central Bank of Montenegro Law (OGM 40/10, 46/10, 06/13, 70/17), the Council of the Central Bank of Montenegro, at its
More information(Text with EEA relevance)
31.3.2017 L 87/479 COMMISSION DELEGATED REGULATION (EU) 2017/591 of 1 December 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical
More informationFirst Installment (SEK 0.65 per share)
Proposals by the Board of Directors to be presented at the Annual General Meeting ( AGM ) of shareholders of Husqvarna AB (publ) on Tuesday, April 4, 2017 The below proposals correspond with the numbering
More informationmhtml:file://j:\temp\fais Regulatory Exams\ACTS\Code of Conduct for discretiona...
Page 1 of 5 Show Financial Advisory and Intermediary Services Act, 2002 Codes of conduct for administrative and discretionary FSP's Chapter II : Code of conduct for discretionary FSP s Part I : Introductory
More informationVan Lanschot nv Financial Statements 2005
Van Lanschot nv Financial Statements 2005 Van Lanschot nv Financial Statements 2005 3 Contents Financial statements 4 Consolidated Balance Sheet at 31 December 2005 6 Consolidated Income Statement for
More informationRISK DISCLOSURE STATEMENT
RISK DISCLOSURE STATEMENT This General Risk Disclosure (the Notice ) supplements the Lloyds Bank Corporate Markets Plc General Terms of Business (the General Terms ), which you may receive from us from
More informationChief Clerk of the Assembly. Secretary of the Senate. Private Secretary of the Governor
Assembly Bill No. 2816 Passed the Assembly August 29, 2002 Chief Clerk of the Assembly Passed the Senate August 28, 2002 Secretary of the Senate This bill was received by the Governor this day of, 2002,
More informationConsolidated Financial Results of UFJ Trust Bank For the Fiscal Year ended March 31, 2002
Consolidated Financial Results of UFJ Trust Bank For the Fiscal Year ended March 31, 2002 UFJ Trust Bank Limited, a subsidiary of UFJ Holdings, Inc., today reported the Bank's consolidated financial results
More informationNumber 12 of 2009 FINANCE ACT 2009 ARRANGEMENT OF SECTIONS. PART 1 Income Levy, Income Tax, Corporation Tax and Capital Gains Tax
Number 12 of 2009 FINANCE ACT 2009 ARRANGEMENT OF SECTIONS PART 1 Income Levy, Income Tax, Corporation Tax and Capital Gains Tax Section 1. Interpretation (Part 1). 2. Income levy. Chapter 1 Interpretation
More informationSUNAMERICA SENIOR FLOATING RATE FUND, INC. (the Fund )
SUNAMERICA SENIOR FLOATING RATE FUND, INC. (the Fund ) Supplement dated July 28, 2014, to the Fund s Statement of Additional Information ( SAI ) dated May 1, 2014 Effective immediately, on page 3 of the
More informationAljba Alliance. Consolidated financial statements December 31, Together with report of independent auditors
Consolidated financial statements Together with report of independent auditors CONTENTS CONSOLIDATED FINANCIAL STATEMENTS For the years ended and 2002 REPORT OF INDEPENDENT AUDITORS Consolidated Balance
More informationLaw n 55 dated October 27, 2016 Exchange of Information for Taxation Purposes
Republic of Lebanon Parliament Law n 55 dated October 27, 2016 Exchange of Information for Taxation Purposes Unique article First: This law aims at: - Applying and implementing the provisions of any agreement
More informationCIRCULAR LETTER OF BANK INDONESIA NUMBER 6/37DPNP YEAR 2004 CONCERNING
ANNEX V.14 CIRCULAR LETTER OF BANK INDONESIA NUMBER 6/37DPNP YEAR 2004 CONCERNING ASSESSMENT AND IMPOSITION OF SANCTIONS IN REGARD TO THE APPLICATION OF KNOW YOUR CUSTOMER PRINCIPLES AND OTHER REQUIREMENTS
More informationQuestions and Answers Application of the AIFMD
Questions and Answers Application of the AIFMD 5 October 2017 ESMA34-32-352 Date: 5 October 2017 ESMA34-32-352 Contents Section I: Remuneration...5 Section II: Notifications of AIFs...9 Section III: Reporting
More informationCJSC Alfa-Bank International Financial Reporting Standards Financial Statements and Independent Auditor s Report 31 December 2016
International Financial Reporting Standards Financial Statements and Independent Auditor s Report 31 December 2016 CONTENTS INDEPENDENT AUDITOR S REPORT FINANCIAL STATEMENTS Statement of Financial Position...
More informationAct No.161/2002, on Financial Undertakings
Act No. 161/2002 on Financial Undertakings CHAPTER I Scope Article 1 This Act shall apply to Icelandic financial undertakings and to the activities of foreign financial undertakings in Iceland. For the
More informationNPO General Terms and Conditions for Service Contracts 2014
NPO General Terms and Conditions for Service Contracts 2014 I GENERAL 1 Definitions The following terms are written with initial capitals in these general terms and conditions and are defined as follows:
More informationPJSC CB PRIVATBANK Separate financial statements and Independent Auditor's Report 31 December Translation from Ukrainian original
PJSC CB PRIVATBANK Separate financial statements and Independent Auditor's Report 31 December 2016 CONTENTS INDEPENDENT AUDITOR'S REPORT SEPARATE FINANCIAL STATEMENTS Separate Statement of Financial Position.....................................................................................................................1
More informationCONSOLIDATED FINANCIAL STATEMENTS (AUDITED)
CONSOLIDATED FINANCIAL STATEMENTS (AUDITED) Year ended 31 December 2010 CONTENTS CONSOLIDATED FINANCIAL STATEMENTS PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2010 4 STATEMENT OF NET INCOME
More informationLAW ON FINANCIAL COLLATERAL I. BASIC PROVISIONS
DRAFT LAW ON FINANCIAL COLLATERAL I. BASIC PROVISIONS Subject matter and scope Article 1 This Law lays down the conditions and manner of providing specific security for the performance of financial obligations
More information$8,500,000 Royal Bank of Canada Senior Global Medium-Term Notes, Series C. Inflation Linked Notes, Due July 16, 2013
Pricing Supplement dated July 14, 2008 to the Prospectus dated January 5, 2007 and the Prospectus Supplement dated February 28, 2007 $8,500,000 Royal Bank of Canada Senior Global Medium-Term Notes, Series
More informationANNUAL INFORMATION FORM MAWER MUTUAL FUNDS. Offering Class A, Class F and Class O Units of: Offering Class A and Class O Units of:
No securities regulatory authority has expressed an opinion about these units and it is an offence to claim otherwise. ANNUAL INFORMATION FORM MAWER MUTUAL FUNDS Offering Class A, Class F and Class O Units
More informationAdministrative Notice No. 7 Implementation of the Capital Adequacy Directive for Credit Institutions
No. 7 Implementation of the Capital Adequacy Directive for Credit Institutions Date of Paper : 23 January 1998 Revised 5th May 2006 Version Number : V1.02 File Location : document2 Table of Contents Preface...
More informationBANK INDONESIA REGULATION NUMBER: 6/ 8 /PBI/2004 CONCERNING THE BANK INDONESIA REAL TIME GROSS SETTLEMENT SYSTEM THE GOVERNOR OF BANK INDONESIA,
BANK INDONESIA REGULATION NUMBER: 6/ 8 /PBI/2004 CONCERNING THE BANK INDONESIA REAL TIME GROSS SETTLEMENT SYSTEM THE GOVERNOR OF BANK INDONESIA, Considering : a. whereas to support the achievement of an
More informationM E M O R A N D U M. Philadelphia Board of Trade Members and Member Organizations
PBOT Circular No. 7-07-R M E M O R A N D U M TO: FROM: Philadelphia Board of Trade Members and Member Organizations Legal Department DATE: April 26, 2007 RE: SR-PBOT-2007-05: Rules 1200 1213, World Currency
More informationClearing of Transactions at Eurex Repo GmbH
Chapter IV of the Clearing Conditions of Eurex Clearing AG Clearing of Transactions at Eurex Repo GmbH (Eurex Repo) As of 04.12.2017 Page 1 Chapter IV Preamble Preamble This Chapter IV forms an integral
More informationBANKING UNIT BANKING DIRECTIVES PUBLICATION OF AUDITED FINANCIAL STATEMENTS OF CREDIT INSTITUTIONS AUTHORISED UNDER THE BANKING ACT 1994
BANKING UNIT BANKING DIRECTIVES PUBLICATION OF AUDITED FINANCIAL STATEMENTS OF CREDIT INSTITUTIONS AUTHORISED UNDER THE BANKING ACT 1994 Ref: BD/07/2002 PUBLICATION OF AUDITED FINANCIAL STATEMENTS OF CREDIT
More informationLYXOR INTERNATIONAL ASSET MANAGEMENT (LIAM) LYXOR ETF FTSE EPRA/NAREIT UNITED STATES
LYXOR INTERNATIONAL ASSET MANAGEMENT (LIAM) LYXOR ETF FTSE EPRA/NAREIT UNITED STATES FISCAL YEAR ENDING ON: 31.05.2012 Information on the investments and management... 3 Activity s report... 8 Auditor's
More informationHOUSE BILL No As Amended by House Committee
Session of 0 As Amended by House Committee HOUSE BILL No. 0 By Committee on Taxation - 0 0 0 AN ACT concerning taxation; relating to the use of a debt collection agency to collect delinquent taxes; time
More informationData reported on this form will be held in confidence. Form Approved: OMB No QUARTERLY CONSOLIDATED FOREIGN CURRENCY REPORT
Data reported on this form will be held in confidence. Form Approved: OMB No. 1505-0010 (See Section A of the Instructions.) Estimated average burden: 8 hours Foreign Currency Form FC-3, expires 2/28/2021
More informationEvli Sweden Equity Index Fund
Evli Sweden Equity Index Fund Fund-specific rules The fund rules consist of fund-specific rules and common rules based on the UCITS IV Directive. 1 The Fund The name of the mutual fund will be Sijoitusrahasto
More informationPROPOSAL FOR AMENDMENT of the ARTICLES OF ASSOCIATION RANDSTAD HOLDING N.V. with statutory seat in Amsterdam
PROPOSAL FOR AMENDMENT of the ARTICLES OF ASSOCIATION RANDSTAD HOLDING N.V. with statutory seat in Amsterdam JL/SB/0037848-0000374 The proposed amendments are presented in two columns. The column on the
More informationA/S REĂIONĀLĀ INVESTĪCIJU BANKA ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2008
A/S REĂIONĀLĀ INVESTĪCIJU BANKA ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2008 CONTENTS Report of the Management 3 The Supervisory Council and the Board of Directors of the Bank 4 Statement of Responsibility
More informationPension Funds Reporting Framework
Explanatory notes Financial Assessment Framework (FTK) Investments Pension Funds Reporting Framework February 1 st 2016 Pension Funds Reporting Framework Contents GENERAL EXPLANATORY NOTES... 3 Aim of
More informationCOMMISSION DELEGATED REGULATION (EU) /... of XXX
EUROPEAN COMMISSION Brussels, XXX [ ](2016) XXX draft COMMISSION DELEGATED REGULATION (EU) /... of XXX supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory
More informationGuideline for Issuing institutions, executive directors and supervisory directors. Publication date: September 2016
Guideline for Issuing institutions, executive directors and supervisory directors Publication date: September 2016 Updated: Maart 2017 Autoriteit Financiële Markten The AFM is committed to ensuring fairness
More informationRS Official Gazette, No 103/2016
RS Official Gazette, No 103/2016 Based on Article 21, paragraph 3, Article 23, paragraph 5 and Article 24, paragraphs 2 and 4 of the Law on Banks (RS Official Gazette, Nos 107/2005, 91/2010 and 14/2015)
More informationOJSC Belarusky Narodny Bank Consolidated Financial Statements. Year ended 31 December 2010 Together with Independent Auditors Report
OJSC Belarusky Narodny Bank Consolidated Financial Statements Year ended 31 December 2010 Together with Independent Auditors Report CONTENTS Independent auditors report Consolidated statement of financial
More informationConvention between Canada and the Republic of Chile for the Avoidance of Double Taxation and the...
Page 1 of 11 Français Contact Us Help Search Canada site Home What's New Site Map Glossary HotLinks About Us FAQ Media Room Publications Legislation - Notices of Tax Treaty Developments - Status of Tax
More informationBondora AS. Group annual report 2016
Bondora AS Group annual report 2016 GROUP ANNUAL REPORT Beginning of financial year 1 January 2016 End of financial year 31 December 2016 Business name Bondora AS Registry number 11483929 Address A. H.
More informationGrowth Opportunity CD
HSBC Bank USA, N.A. Growth Opportunity CD Linked to the PowerShares S&P500 Low Volatility Portfolio ETF Initial Terms and Conditions Issuer Issue Issuer Rating Denomination HSBC Bank USA, N.A. 6.5 Year
More informationAhli United Bank B.S.C. CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2009
CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2009 CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS Independent auditors' report to the shareholders of Ahli United Bank B.S.C.. 1 Consolidated Statement
More informationParticipants regulations
Definitions Article1 In these participants the following terms have the following meanings: a. Consumer: the natural person or legal person that has made a booking that is covered by the guarantee scheme.
More information