(d) Inter bank payment systems, inter bank payment agreements or clearance and settlement systems relating to securities or other financial assets or instruments

Several regional integration initiatives include efforts to spur the creation of regional banks and settlement schemes.

(4) Deposit banks, designated commercial banks, asset management agencies, security exchanges, securities registration and clearing agencies of a securities firm

The designated commercial bank shall ensure that the customer can enquire at any time about the balance and changes of the customer s trading settlement funds.

Bank balances 231,590

The BIS Bashers

The designated commercial bank shall sign a customer trading settlement funds custody contract with the securities firm and its customer, setting forth matters such as the deposit and withdrawal, transfer and enquiries of the trading settlement funds, and shall open a general account of customer trading settlement funds for the securities firm according to the requirements of net amount settlement and delivery versus payment of securities trading.

Look at it, Al, 200 leaves of cabbage.

Is the Bank Crisis Over?

And now I've gotten started in... banking.

Forty five central banks, several of which are independent institutions, are members of BIS, which is the locus of decision making in the international coordination of financial regulation.

It turns out that B of A in September had 32 times.

Source UNCTAD secretariat calculations, based on World Bank, World Development Indicators, 1997 (CD ROM).

Accordingly State Bank of Pakistan directs all banks development financial institutions for freezing of those funds accounts and reporting to SBP of funds accounts so frozen.

In small countries, where a significant share of bank liabilities is in someone else s currency, the national central bank lacks this capacity. The only options are then to slap draconian controls on the banking system or join the euro area.

(ii) Extrabudgetary activities

The Administration intends to work further with other banks on this issue.

The unutilized balance was due to lower banking costs.

Otherwise, de facto bank secrecy in the transmitting State can result.

France has also expressed its intention to fund some programmes through the World Bank.

This budget was endorsed by the World Bank Consultative Group in December 2004.

The Plan was being financed from the national budget and by the Inter American Development Bank.

Where any designated commercial bank has any of the above acts and is under any serious circumstances, its businesses of trading, clearing and capital management shall be ordered to be suspended or terminated by banking regulatory agencies of the State Council.

With the global account structure, and expanded banking products and services, bank charges need to be closely monitored.

Support to extrabudgetary

Photograph of Jean Claude Trichet (c) European Central Bank Andreas Böttcher

Direct from the bank, as I promised.

As recommended, UNHCR has approached the UN Treasury and it has been concluded that UNHCR's New York bank account arrangement bank charges are in line with competitive banking arrangements.

18 See Core principles for effective banking supervision , Basle Committee on Banking Supervision (available on the Web site of the Bank for International Settlements (www.bis.org press index.htm), release of 22 September 1997).

This project, funded by the World Bank, will be completed by the end of April 2006.

This gives a degree of international oversight regarding implementation of the BIS regulations.

Indeed, it serves policymakers well by challenging, debating, and perhaps swaying opinion. Rather than bash the BIS, monetary authorities should be grateful for the informed perspectives that it provides.

Concerning the account with the Commercial Bank of Eritrea, the Mission explained that since it has no access to the network of the bank, the practice is that the bank statements are received at the end of the following month.

On June 18, China s second largest financial institution, China Construction Bank, was designated as the official renminbi clearing bank for London. The next day, the Frankfurt branch of the Bank of China, the country s largest commercial bank, received the same designation for the eurozone.

The World Bank has indicated that the results will be shared with its partners on a continuing basis.

In Bolivia, it is reported that Banco Solidario, a private commercial microenterprise bank, is regulated by the Superintendency of Banks, with the same financial and reporting requirements as traditional banks, but with simpler loan documentation and risk classification rules.

How might these laudable objectives be achieved? The European Commission has argued that a fully fledged banking union would need to rest on four pillars a single deposit protection scheme covering all EU (or eurozone) banks a common resolution authority and common resolution fund, at least for systemically important and cross border banks a single European supervisor for the same banks and a uniform rule book for prudential supervision of all banks in Europe.

UNICEF collaborates with the World Bank and regional development banks to provide technical support for results based planning and budgeting in specific country contexts.

Twentyfive in advance, with room and board.

The Act grants the Governor of the Central Bank of Libya the power to freeze, for a period not to exceed one month, the balances in accounts suspected of having a connection with a money laundering offence.

The Panel came across several cases where top functionaries of the NTGL instructed their subordinates to mis utilise divert misapprpriate the Government funds without obtaining the approval of the budgetary process.

Missions have been reminded to put in place measures to facilitate the timely receipt of bank statements and preparation of bank reconciliations.

The bank has 38 branches, primarily concentrated in urban and semi urban areas.

Funds transmitted to non governmental organizations are initially placed in the bank's blocked account .

Third, discussions are being held to prepare the next steps, namely how to arrange the resolution of failed banks and support for ailing ones. Ministers recently agreed upon a template for action.