Luxembourg GAAP compared to IFRS: An overview
... beginning 1 January 2013, whereby a qualifying investment fund is required to account for its investments in controlled entities as well as in associates and joint ventures at fair value through profit or loss with the exception of subsidiaries that are considered as an extension to the investment a ...
... beginning 1 January 2013, whereby a qualifying investment fund is required to account for its investments in controlled entities as well as in associates and joint ventures at fair value through profit or loss with the exception of subsidiaries that are considered as an extension to the investment a ...
Use of Local Currencies in CIF Projects
... Outcome 1 – Projects/Borrowers take on CIF funds hard currency exposure without hedging. There have been cases in which the projects or borrowers themselves have taken on foreign exchange rate risk in order to access CTF funds. As of July 2012, four of seven IFC projects, all three of EBRD’s project ...
... Outcome 1 – Projects/Borrowers take on CIF funds hard currency exposure without hedging. There have been cases in which the projects or borrowers themselves have taken on foreign exchange rate risk in order to access CTF funds. As of July 2012, four of seven IFC projects, all three of EBRD’s project ...
Asset Write-down - Rutgers University
... campaign. In this study, we examine 47 firms that voluntarily disclosed asset write-down information in either 10-K or ARS one year prior to the mandatory adoption of SFAS. No. 121. We document the following empirical evidence: firstly, EARLY firms (those who adopted SFAS121 in 1995, one year prior ...
... campaign. In this study, we examine 47 firms that voluntarily disclosed asset write-down information in either 10-K or ARS one year prior to the mandatory adoption of SFAS. No. 121. We document the following empirical evidence: firstly, EARLY firms (those who adopted SFAS121 in 1995, one year prior ...
ucits – past, present and future
... Pooled investment vehicles are an integral part of the investment world. They are frequently used by institutional investors. For example, the investment managers of a pension fund may be perfectly competent to make individual stock selections for UK or European securities, but may lack expertise in ...
... Pooled investment vehicles are an integral part of the investment world. They are frequently used by institutional investors. For example, the investment managers of a pension fund may be perfectly competent to make individual stock selections for UK or European securities, but may lack expertise in ...
Expectations and Fundamentals in Banking Panics: Todd Keister Vijay Narasiman
... tends to make the financial system more susceptible to a run. At the same time, however, intervention can provide an important source of risk sharing in the economy. By mitigating the potential losses depositors suffer during a crisis, a “bailout” can both smooth depositors’ consumption across state ...
... tends to make the financial system more susceptible to a run. At the same time, however, intervention can provide an important source of risk sharing in the economy. By mitigating the potential losses depositors suffer during a crisis, a “bailout” can both smooth depositors’ consumption across state ...
Mutual Funds Investment
... concerned. For any individual who intends to allocate his assets into proper forms of investment and want to diversify his Investment Portfolio as well as the risks, Mutual Funds can be proved as the biggest opportunity. Investors gets a lot of advantages with the Mutual Fund Investment. Firstly, th ...
... concerned. For any individual who intends to allocate his assets into proper forms of investment and want to diversify his Investment Portfolio as well as the risks, Mutual Funds can be proved as the biggest opportunity. Investors gets a lot of advantages with the Mutual Fund Investment. Firstly, th ...
Liquidity Flooding, Asset Prices and the Real EconomyWe are
... See, e.g., the Citibank-CCER report of “Financing and growth of small and medium-sized businesses in China” (http://www.ccstock.cn/stock/jinrongjigou/2011-07-21/A516377.html, the link is only available in Chinese). ...
... See, e.g., the Citibank-CCER report of “Financing and growth of small and medium-sized businesses in China” (http://www.ccstock.cn/stock/jinrongjigou/2011-07-21/A516377.html, the link is only available in Chinese). ...
LEYR rev2 - Law and Economics Yearly Review
... them; they increased transaction costs for some and reduced them for others; and they created new transaction frictions. The logical conclusion of this counter analysis was that sooner or later, central banks would have to ‘serve up’ these contracts in the event of market crisis, also because some o ...
... them; they increased transaction costs for some and reduced them for others; and they created new transaction frictions. The logical conclusion of this counter analysis was that sooner or later, central banks would have to ‘serve up’ these contracts in the event of market crisis, also because some o ...
The Role of Private International Financial Capital Flows in Support
... development and expansive credit markets. In emerging market countries, however, greater liberalization may create more volatile financial capital flows and subsequent economic disruptions (Prasad and Rajan, 2008). Greater liberalization for emerging market countries may not be beneficial until fur ...
... development and expansive credit markets. In emerging market countries, however, greater liberalization may create more volatile financial capital flows and subsequent economic disruptions (Prasad and Rajan, 2008). Greater liberalization for emerging market countries may not be beneficial until fur ...
Forward-Looking Statements 201612
... This STADA Arzneimittel AG (hereinafter "STADA") presentation contains certain statements regarding future events that are based on the current expectations, estimates and forecasts on the part of the company management of STADA as well as other currently available information. They imply various kn ...
... This STADA Arzneimittel AG (hereinafter "STADA") presentation contains certain statements regarding future events that are based on the current expectations, estimates and forecasts on the part of the company management of STADA as well as other currently available information. They imply various kn ...
Risk and risk management of Collateralized Debt Obligations
... the tranches, and the proceeds from the sale of the tranches are then used to buy the assets. Every three or six months, the interest earned on the assets, together with the principals, are gathered and deposited into accounts. The cash flows are then used to make payments to the tranches. According ...
... the tranches, and the proceeds from the sale of the tranches are then used to buy the assets. Every three or six months, the interest earned on the assets, together with the principals, are gathered and deposited into accounts. The cash flows are then used to make payments to the tranches. According ...
Switching Bubbles: From Outside to Inside
... Outside Bubble, that is, young investors buy the bubble from the old investors and sell it when they are old to the next generation of investors. Then, I compute the steady-state equilibrium with an Inside Bubble, that is, young investors decide to buy capital to sell it when they are old, instead o ...
... Outside Bubble, that is, young investors buy the bubble from the old investors and sell it when they are old to the next generation of investors. Then, I compute the steady-state equilibrium with an Inside Bubble, that is, young investors decide to buy capital to sell it when they are old, instead o ...
Financial Advisor Botsford Marches to a Different Drummer
... avoided the devastation that followed the dotcom and mortgage meltdowns. Botsford’s portfolios continued to provide steady income through the two crises; as a result, clients did not have to liquidate principal to provide income. And that allowed them to avoid the “death spiral” that can be caused ...
... avoided the devastation that followed the dotcom and mortgage meltdowns. Botsford’s portfolios continued to provide steady income through the two crises; as a result, clients did not have to liquidate principal to provide income. And that allowed them to avoid the “death spiral” that can be caused ...
Financial Innovation, Collateral and Investment.
... compared to the Arrow-Debreu level. This over-investment result also holds with a finite number of risk averse agents (C ∗ -models), provided that production displays constant returns to scale. Under the same conditions, we show that the leverage economy is Pareto dominated by the Arrow Debreu alloc ...
... compared to the Arrow-Debreu level. This over-investment result also holds with a finite number of risk averse agents (C ∗ -models), provided that production displays constant returns to scale. Under the same conditions, we show that the leverage economy is Pareto dominated by the Arrow Debreu alloc ...
AN ANALYSIS OF GLOBAL HFT REGULATION Motivations, Market
... BACKGROUND The study surveys the global HFT regulatory environment, and includes an analysis of the intended goals of regulators within each country. Countries and regions chosen for review meet at least one of the following criteria: they have a major HFT market, have recently implemented or propos ...
... BACKGROUND The study surveys the global HFT regulatory environment, and includes an analysis of the intended goals of regulators within each country. Countries and regions chosen for review meet at least one of the following criteria: they have a major HFT market, have recently implemented or propos ...
The Objective in Corporate Finance
... lead, if unregulated, to counter actions which reduce or eliminate these excesses In the context of our discussion, • managers taking advantage of stockholders has lead to a much more active market for corporate control. • stockholders taking advantage of bondholders has lead to bondholders protecti ...
... lead, if unregulated, to counter actions which reduce or eliminate these excesses In the context of our discussion, • managers taking advantage of stockholders has lead to a much more active market for corporate control. • stockholders taking advantage of bondholders has lead to bondholders protecti ...
Bank Finance Challenges Faced by UAE SME Sector
... security (stocks and receivables). This is because since most firms are in the trading or services sector (89% of total SMEs), they generally don’t have any major fixed assets like Land, Building, Machinery unlike the manufacturing sector. This risk is accentuated through loan products like Business ...
... security (stocks and receivables). This is because since most firms are in the trading or services sector (89% of total SMEs), they generally don’t have any major fixed assets like Land, Building, Machinery unlike the manufacturing sector. This risk is accentuated through loan products like Business ...
Measuring financial conditions in major non
... Furthermore, hitting the zero lower bound for the policy rate highlighted once more that the policy interest rate is not sufficient to describe financial conditions in an economy. For example, Guichard and Turner (2008) constructed an US FCI including real short-term interest rates, real long-term i ...
... Furthermore, hitting the zero lower bound for the policy rate highlighted once more that the policy interest rate is not sufficient to describe financial conditions in an economy. For example, Guichard and Turner (2008) constructed an US FCI including real short-term interest rates, real long-term i ...
0.1 Front matter.PM
... much detail beyond that. Many critics denounce “speculation” as a waste of social resources, without making any connections between it and the supposedly more fundamental world of “production.” Sociologists who study power structures write portentously of “the banks,” but their evidence is often vag ...
... much detail beyond that. Many critics denounce “speculation” as a waste of social resources, without making any connections between it and the supposedly more fundamental world of “production.” Sociologists who study power structures write portentously of “the banks,” but their evidence is often vag ...
1. The person generally directly responsible for
... A. A sole proprietorship is often structured as a limited liability company. B. The owner of a sole proprietorship may be forced to sell his/her personal assets to pay company debts. C. The owners of a sole proprietorship share profits as established by the partnership agreement. D. The profits of a ...
... A. A sole proprietorship is often structured as a limited liability company. B. The owner of a sole proprietorship may be forced to sell his/her personal assets to pay company debts. C. The owners of a sole proprietorship share profits as established by the partnership agreement. D. The profits of a ...
Code of conduct for Discretionary FSPs
... incentives, fee reductions or rebates from an administrative FSP or product supplier for placing a client’s funds with them; (i) if the discretionary FSP is capable to do so, provide a client with the option to receive reports and statements in electronic or printed format; (j) empower either party ...
... incentives, fee reductions or rebates from an administrative FSP or product supplier for placing a client’s funds with them; (i) if the discretionary FSP is capable to do so, provide a client with the option to receive reports and statements in electronic or printed format; (j) empower either party ...
