An enterprise group company may determine its internal financial management system by itself.

chairing the UNDG management group to foster simplification and harmonization (S H) of financial, management and programme approaches among UNDG agencies

Intra group debts

Furthermore, where the debtor company belongs to a group of companies, it may be difficult to untangle the specific circumstances of any particular case to determine which group company particular creditors dealt with or to establish the financial dealings between group companies.

Group of 77 (on debt)

One possible advantage of addressing these issues in an insolvency law is to provide an incentive for corporate groups to continuously monitor the activities of companies within the group and take early action in the case of financial distress of a member of that group.

Recognizing the potential of Atlas to improve financial management, delegations expressed concern that implementation was long, incurring large financial and human resource costs.

Dealing in property owned or controlled by terrorist groups.

(b) The treatment of intra group debts (claims against the debtor company by related group companies) and

(iii) Provision of interpretation services to meetings of regional and other major groupings of Member States

Group of 77 (on Second Committee matters)

Group of 77 (on Fifth Committee matters)

Group of 77 (Fifth Committee matters)

Group of 77 (on Fifth Committee matters)

Group of 77 (on Third Committee matters)

Group responsibility for external debts

Benin, a small African country which was a member of the group of least developed countries, fulfilled its financial obligations to the United Nations.

8. While priority must be given to servicing Charter and mandated bodies, the Rio Group attached great importance to the provision of interpretation services for meetings of regional and other major groupings.

Financial position of completed missions

3. Provision of interpretation services to meetings of regional and other major groupings of Member States

(a) The responsibility of any other company in the group for the external debts of the insolvent company (being all debts owed by the insolvent company except for those owed to related group companies, i.e. intra group debts )

Group of 77 (core group on debt)

Group of 77 (core group on debt)

The financial management of an enterprise shall consist such financial behaviors as raising funds rationally, operating assets effectively, controlling the cost, regulating the income distribution and reorganization and liquidation, and strengthening financial supervision and financial information management in accordance with the formulated financial strategy.

(a) The obligation breached is owed to a group of States including that State, and is established for the protection of a collective interest of the group or

41. Several delegations had raised the question of the provision of services to regional groups and other major groupings of Member States.

3. Provision of interpretation services to meetings of regional and other major groupings of Member States . 34 40 5

2. Provision of interpretation services to meetings of regional and other major groupings of Member States

One post is to provide budgetary and financial support to the new mission in the Sudan in the Financial Support Section.

The African Group was encouraged by the overall progress made by the Mission, ranging from the submission of its financial reports, in which inconsistencies in the Mission's start up phase had been addressed, to the overall performance report, which was frank and objective.

The Chief Finance Officer will be responsible for exercising authority delegated by the Controller for approving mission payments, maintaining mission accounts and exercising overall supervision of the work of the Finance Section staff.

(c) Presentation of financial statements of closed missions

And you have to have you can't do a VC pitch without giving me your financials.

The Finance Officer will assist the Chief Finance Officer in the administration of the Mission s accounts and the recording of all transactions.

The provision of interpretation services to regional and other major groupings was also important, and she noted with concern that 32 per cent of requests for interpretation services for such meetings had been denied over the reporting period.

In that regard, we commend the debt cancellation decision made by the ministers for finance of the Group of Eight (G 8) in favour of 18 developing countries, including Mozambique.

Group of 77 (on the draft resolution on debt)

93. The Finance Management and Support Service provides financial management and support services for field missions from start up through closure.

11. Notes with concern that the rate of provision of interpretation services to the regional and other major groupings has declined

23 See Strengthening the architecture of the global financial system , report of G 7 Finance Ministers to G 7 Heads of State or Government for their meeting in Birmingham, 15 May 1998, para. 17.

PARIS G 8, G 5, G 20, G 2, G 3, and now the G 14 (the G 8 plus the G 5 plus Egypt) never have the mathematics of world order seemed more complex and confusing.

C. The Group of Eight proposals for debt cancellation for Heavily Indebted Poor Countries

Intra group debts may be dealt with in a number of ways.

Mr. Torres Lépori (Argentina), speaking on behalf of the Rio Group, acknowledged the importance of providing the United Nations with adequate financial resources for the implementation of its mandate.

Bodies such as the European Federation of Financial Analysts Societies and the Swiss Bankers Association have led the way in calling for the publication of standardized eco efficiency eco financial indicators.