International financial services

21. The UNCTAD initiated private BIL fund, investing in microfinance, has demonstrated to the international financial markets that the poor are bankable.

Financial services in the national accounts

Financial intermediary and auxiliary financial services

Financial services

And he said, Well, financial services.

Financial and insurance services

Expansion of financial services.

Aware of the importance of international financial services for the economies of some of the Non Self Governing Territories,

From 1 January 1992 to 30 June 2000, it granted 63,277 loans totalling 15,987,625,000 Guinean francs, as detailed in the following table.

(b) Promoting access to, and awareness on the availability and use of, financial services for migrants

(b) Promoting access to, and awareness of the availability and use of, financial services for migrants

Somali Financial Services Association, Dubai

In addition, international assistance was being provided to support capacity building in financial intermediation services.

Priorities for the future included technical assistance, setting up of databases (particularly on financial services providers and national, regional and international trade finance and insurance programmes), creation of an Internet site on international trade finance and training activities.

Another recent development which the Financial Services Commission is working on is to introduce legislation to regulate and supervise money transmission services.

Finance, insurance, real estate and pensioners apos s services

(c) Develop a WWW based solution for financial services training and referral services.

13. The financial services sector remains dominated by international business companies, which generate half of total government revenue.

30. Other issues raised related to the institutional set up for providing financial service to SMEs, cost recovery systems involving private sector users, the need to take into consideration the specificities of each country in the provision of financial services, and the importance of financing SMEs on the basis of prevailing international financial terms and conditions.

So in financial services, a great deal of opportunity.

Section 48 (2) of the International Financial Services Act, 2002 5 permits the Central Bank of Barbados to disclose information received to

Group of 77 (core groups on debt and international financial systems)

The provision of international financial services is one of the two pillars (along with tourism) of the British Virgin Islands economy.

Financial services, international business and tourism are the main economic sectors and account for the bulk of the Territory's foreign exchange earnings.

Microfinance Objectives and strategy to 2010

International financial institutions

Access to financial services and the depth of financial markets have been associated with growth and development.

With increased funding from donors in 2005, the Financial Services Development Project under the auspices of the United Nations has undertaken several initiatives with the Somali Financial Services Association and the formal banking sector.

The OECD task force on financial services in the national accounts has submitted recommendations for the January 2006 meeting of the Advisory Expert Group on SNA to improve the definition of the output of financial services and the price volume split of financial and insurance services in order to obtain a better measurement of these services in terms of current and constant prices.

In November 2003, the House of Assembly passed the Financial Services Commission Act to fulfil a recommendation of Klynveld Peat Marwick and Goerdeler (KPMG) consultants.

III. INTERNATIONAL FINANCIAL INSTITUTIONS 56 63 12

18. United States influence on the international financial institutions, especially the International Monetary Fund and the World Bank, has placed difficulties in the way of the Islamic Republic s enjoyment of the services of those institutions.

However, even among the international financial institutions, the margin of preference differs, both in amounts and in manner of determination of what constitutes nationality of goods and services.

(a) Nine approved model contracts for, inter alia, goods and services, licensing of software, banking services and real estate services

The quality of Islamic financial services is improving, and these services are not limited to particular clients.

The primary clients of UNCDF microfinance support in the LDCs are poor and low income people, especially women, who need access to financial services.

In the EU 25, 68 per cent of enterprises used the Internet for financial services in 2004.

But basically, microfinance if this is new to you as well think of that as financial services for the poor.

F. International business and finance

12. General information on the Territory s offshore financial services industry is contained in the previous working paper prepared by the Secretariat (A AC.109 2051, paras. 12 and 13).

UNOPS as a provider of a varied range of services as per its current mandate, with improvements in service delivery and cost effectiveness, providing individual and multiple support services including complex project management services to the United Nations system, IFIs and host governments.

11.15 Financial services institutions have been encouraged to incorporate environmental considerations into their business.

Indeed, access by poor people to financial services is a powerful anti poverty tool.

38. With regard to financial services, negotiations should be concluded in December 1997.