Section 5 Securities Lending and Borrowing Business

3 Having professionals, technical conditions, funds and securities required for carrying out securities lending and borrowing business

4 Having good management system and implementation scheme for securities lending and borrowing business

Article 31 If a securities firm is engaged in such businesses as securities assets management and capital and securities financing, it should develop reconciliation statement and send it to customers on monthly basis.

Personnel (human resources), equipment, and operating costs of financial police are provided from the resources of the Ministry of the Interior.

Article 49 A securities firm intending to start securities lending and borrowing business shall meet the following requirements

quot (4) Receivables financing means any transaction in which value, credit or related services are provided for value in the form of receivables. Receivables financing includes, but is not limited to, factoring, forfaiting, securitization, project financing and refinancing.

Financial services

Article 20 If a securities firm has two or more kinds of securities brokerage business, securities assets management business, financing with capital and securities, securities underwriting, securities sponsors, its board should set up remuneration and nomination committee, auditing committee and risk control committee to perform rights prescribed in company regulation.

Article 56 Where a securities firm carries out securities lending and borrowing but does not have sufficient funds or securities, it can borrow from the securities financial companies.

The Regionalization Finance Scheme (RFS) from IE Singapore also helps local SMEs (total assets less than S 30 million) to set up overseas operations.

This order included a ban on bank services, financial investment, the import and export of goods and services and the prohibition of the issuance of visas for Iranian merchants

The prime task now is for the Facility to pursue its operational phase in line with its agreed operational strategy, while ensuring that it continues to be consistent with the guidelines of relevant conventions.

Financial establishments, insurance, real estate, and services provided to companies

Article 50 A securities firm that carries out securities lending and borrowing business shall sign a securities lending and borrowing contract with the customer, and shall open a customer securities guarantee account with the securities registration and settlement organs, and a customer funds guarantee account with the designated commercial bank in the name of the securities firm in accordance with the provisions of the securities regulatory agency under the State Council.

Article 29 The securities firm that is engaged in securities assets management business, capital and securities financing business, securities related finance product sales should get knowledge of identity, property, income status, securities investment experience and risk preference of customers according to prescribed procedure, and record as well as keep the information in written or electronic form.

23 Transfer of Financial Assets

(e) Substantive resources provided to the regional bodies of the Financial Action Task Force to support their development

Moreover the Financial Services Commission has been in close contact with the financial services industry in Gibraltar informing of developments and reminding institutions to be vigilant in respect of terrorist financing.

Article 56The financial assets refers to the following assets of an enterprise

The experience of e trade finance platforms of developing countries shows that some of them have players who can compete with major providers in terms of the use of web based technologies, which make it possible to develop e credit information techniques, undertake e trade finance operations and even reconcile the whole spectrum of online trade operations, including e trade finance.

23 Transfer of Financial Assets.

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

Information and communication technology (ICT) can improve delivery of services, promote trade, business, governance, foreign investment, employment and rural development and ensure social inclusion of the poor.

So in financial services, a great deal of opportunity.

The Chairman asked what different financing options were available in efforts aimed at guaranteeing a predictable flow of resources for operational activities for development.

The cost of borrowing, the removal of grant financing from the menus of international financial institutions and the annual recovery costs from catastrophic hurricanes have become more and more onerous.

5. The economy remains based on tourism and the provision of financial services.

Article 30 Before the securities firm signs securities dealing entrustment, securities assets management, capital and securities financing contracts with customers, it should appoint specialist to introduce business rule and contract content to customers and let customer sign and confirm on risk disclosure letter.

Where an enterprise transfers any of its assets used for repaying its financial liabilities into any institution or to establish a trust, and the prevailing obligations to repay the liabilities remain to exist, it shall not terminate the recognition of the said financial liability and the transferred asset.

Mozambique an expansion into phase 2, with an additional province and a new central (policy) component, including additional co financing from Ireland and Switzerland, beyond continuing commitments from the Netherlands and Norway.

(3) significant fiscal expenses and investment and financing acts and

In terms of activity abroad by Singaporean firms, the financial sector's share of OFDI hovered consistently in the range of 54 per cent 56 per cent in 1990 2003.

Most of the enterprises that have internationalized are large firms in resource and finance industries.

The financial supervision and regulation department shall, however, have the authority to prevent the insurance company from developing new business or to suspend part of its business or to modify its application of funds.

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.

In 2004, 597,487 people received microfinance services from the MFIs supported by the UNDP UNCDF MicroStart programme, with women accounting for 97 per cent of clients and Eleven out of 19XX, or fifty eight per cent, of the MFIs currently supported have achieved operational self sufficiency.

. provision of a USD 10 million grant to the SRCF for its initial year of operation and consideration of replenishment according to experience and to donor response

(g) Operationally, the restructured Global Environment Facility, a semi autonomous funding mechanism, has begun to develop an integrated international waters programme for marine and freshwater resources

(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

It includes the Director's Office, Operations Support Services, Finance and Information Technology.

Finally, governments should undertake additional measures to boost financial asset prices, and so make it easier for those firms that ought to be expanding and hiring to obtain finance on terms that allow them to expand and hire.

Bearing in mind the importance of microfinance instruments such as credit, savings and related business services in providing access to capital for people living in poverty,

The World Bank is continuing work on an operative directive for the financing of projects that affect indigenous peoples.

The termination of recognition shall refer to the writing off the financial asset or financial liability from the account or balance sheet of the enterprise concerned.