III. FINANCIAL FACILITIES

Or the deposits can be investments in D.E. Shaw s funds and the loans can be the complex derivatives that make up D.E. Shaw s portfolio.

UNCDF niche in building inclusive financial sectors

11. Financial Fund for the Dev. of River Plate Basin (FONPLATA)

Accountability for results in this area rests with the UNCDF Microfinance Unit. Some highlights

It is also important for international financial institutions, including the International Monetary Fund (IMF), to have a suitable array of financial facilities and resources with which to respond in a timely and appropriate manner so as to help prevent financial crisis.

4. Other capital providers Capital providers other than commercial banks and international financial institutions may include institutional investors such as insurance companies, mutual funds, pension funds or investment funds.

UNCDF has committed over US 70 million in micro finance.

The global programme will work with the United Nations Capital Development Fund (UNCDF) to expand inclusive financial sectors that serve the poor.

Third, the success of China s financial system was built on state owned banks financing of large infrastructure projects and foreign financing of export production through FDI and trade. The financial system has yet to address adequately the challenges of financial inclusivity, particularly funding of SMEs and rural areas, and exposure to excess capacity in selected industries.

Measures under the Law on Measures against the Financing of Terrorism (LMFT) include freezing of funds and other financial assets or economic resources, and ban on the access to financial services, funds and other financial assets or economic resources available.

Article 9The financial assets or liabilities meeting any of the following requirements shall be classified as transactional financial assets or financial liabilities

How can the financial facilities and resources of international financial institutions, including IMF, be improved to respond in a timely and appropriate manner so as to prevent financial crisis?

It is proposed that the upgraded Fund include a grant element with a view to achieving an overall target of 500 million that would comprise the current revolving facility of 50 million and a grant facility with an eventual target of 450 million.

The availability of such security was considered crucial for the availability of financing for privately financed infrastructure projects.

We support the establishment of a democracy fund and an international finance facility.

UNCDF has identified the integration of microfinance into the formal financial sector as an effective means of contributing on a sustainable basis to poverty reduction and the achievement of the MDGs.

Chapter II Classification of Financial Assets and Financial Liabilities

(2)The official written documents on risk management or investment strategies of the enterprise concerned have recorded that the combination of said financial assets, the combination of said financial liabilities, or the combination of said financial assets and financial liabilities will be managed and evaluated on the basis of their fair values and be reported to the key management personnel.

The President of IFAD would recommend to the Executive Board of IFAD, that the Fund participate in the SRCF as a catalyst, with a contribution of USD 10 million in grant from its own resources.

Article 13The post amortization cost of a financial asset or financial liability refers to the following result after adjustment of the initially recognized amount of the financial asset or financial liability

There are nearly US 12 trillion pool of capital now available in the burgeoning funds and pension assets in the North.

It would mobilize flows coming from the Bill and Melinda Gates Foundation as well as a pilot IFF mechanism.

23 Transfer of Financial Assets.

Naturally, the GM will assume an active role in participating with IFAD in mobilizing cofinancing resources to supplement resources allocated by IFAD.

Governments and financial institutions are encouraged to contribute generously to the Water and Sanitation Trust Fund, the Slum Upgrading Facility and other technical cooperation trust funds to enable UN Habitat to mobilize public investment and private capital for shelter and basic services.

23 Transfer of Financial Assets

UNCDF with over 20 years experience in microfinance and microfinance projects in over 40 countries 75 percent of which are in Africa.

The upgraded Fund, with both the loan and grant facilities, could become operational in early 2006 with the pledges received to date.

Chapter VIII Definition of Financial Assets, Financial Liabilities and Equity Instruments

(1)Having no available financial resources to continuously provide funds to the financial asset investment so as to hold the financial asset investment until its maturity

Training MFIs in on how to mobilize funds on the international financial market

Cash flows from investing and financing activities

11 There has been a proposal to use the IMF gold reserve to finance IMF debt relief, but this was not considered by the G 8.

Where the future cash flow or term of existence of a financial asset or financial liability cannot be predicted reliably, the contractual cash flow of the financial asset or financial liability for the whole term of the contract shall be taken into account.

Its financial resources are generated by voluntary contributions from Tunisian individuals, the private sector and the State.

The strong relationships between UNCDF and national and local governments in the LDCs its ability to build upon and extend its local development programme and local development fund frameworks and methodologies its focus on building inclusive financial sectors and enhanced access to financial services and its support for emerging MFIs all suggest that UNCDF could make a meaningful contribution to capital formation and broader economic development at the local level in the LDCs.

8. Stresses the urgent need to endow the International Monetary Fund with adequate resources to provide emergency financing to countries affected by financial crises as a result of the high volatilities of international capital flows

First, normal bankruptcy rules don t apply to repos. Second, much repo financing flows into large risk taking financial firms like MF Global, Lehman, and Bear Stearns through money market funds, which must invest very short term, because their depositors want immediate liquidity.

Trust funds from donor members The Common Fund for Commodities Regional and international financial institutions Contributions from donor countries and Funding mechanisms approved by Council.

Trust funds from donor members The Common Fund for Commodities Regional and international financial institutions Contributions from donor countries and Funding mechanisms approved by Council.

Voluntary contribution The Common Fund for Commodities Regional and international financial institutions Funding mechanisms approved by council.

Financial and economic assets freeze

(d) The Vocational Integration and Training Fund (FIAP).

Through its Multilateral Investment Fund, the Interamerican Development Bank (IDB) is engaged in building a network of financial institutions, including microfinance organizations, in Latin American countries, in association with formal financial institutions in developed countries.