(4) As regards tradable financial assets, it is required to separately list the beginning of period and end of period fair value of tradable bond investment, tradable equity instrument investment, financial assets which are specified to be measured on fair value and whose fluctuations are included in the current profits and losses, derivative financial assets and other tradable financial assets.

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

(1)the financial assets which are measured at their fair values and the variation of which is recorded into the profits and losses of the current period, including transactional financial assets and the financial assets which are measured at their fair values and of which the variation is included in the current profits and losses

(3)Where there is no available offer or charge for a financial asset or financial liability, but there is no any significant change to the economic environment after the latest transaction day, the enterprise shall adopt the market quoted price of the latest transaction to determine the fair value of the said financial asset or financial liability.

(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

(b) (i) Transactions on a regulated exchange (ii) foreign exchange transactions (iii) inter bank payment systems, inter bank payment agreements or clearance and settlement systems relating to securities or other financial assets or instruments (iv) the transfer of security rights in sale, loan or holding of or agreement to repurchase securities or other financial assets or instruments held with an intermediary.

As of now, Europe s Tobin tax proposals are not well targeted. Sound transactions would be taxed along with destabilizing, overnight financing of fragile financial institutions.

for other categories of financial assets and financial liabilities, the transaction expenses thereof shall be included into the initially recognized amount.

(d) The transfer of security rights in sale, loan, holding of or agreement to repurchase securities or other financial assets or instruments held with an intermediary

Where there is any significant change to the economic environment after the latest transaction day, the enterprise concerned shall adjust its market quoted price of the latest transaction by referring to the available prices or interest rates of similar financial assets or financial liabilities so as to determine the fair value of the said financial asset or financial liability.

(1)The term for holding the financial assets is not definite

According to the Anti Money Laundering Act B.E. 2542 (1999), there are 3 kinds of financial transactions that financial institutions have the legal obligation to report to the Anti Money Laundering Office (AMLO), namely 1) cash transaction reports, 2) properties transaction reports and 3) suspicious transaction reports.

It was necessary to diversify financial products based on demand, reduce transaction costs and improve regulations to facilitate resource mobilization and help channel domestic saving into productive investment.

(ii) Heavy duties to be levied on speculative international financial transactions

(13) As regards tradable financial liabilities, it is required to separately list the beginning of period and end of period fair value of offered tradable bonds, financial liabilities which are specified to be measured on fair value and whose fluctuations are included in the current profits and losses, derivative financial liabilities and other tradable financial liabilities.

Financial transactions

Local trade finance tends to be expensive (high interest rates) and the trade finance products on offer is limited.

In carrying out its mandate, the Service aims to achieve the goals and objectives of the Fund's investments, which are to

(c) Foreign exchange transactions, inter bank payment systems, transfer of security rights and transfer of economic assets

Also key in combating terrorism is the ability to track terrorist assets and financial transactions.

1. Recognizes that technological advances have reduced the costs and increased the speed of international financial transactions and that, as policy liberalization has facilitated international capital flows, financial institutions have increasingly added foreign assets to their portfolios, paving the way towards the phenomenon of global financial integration

(4)the contractual rights it has obtained through the exchange of financial assets or financial liabilities with other entities under potentially favorable conditions

Where the enterprise has adequate evidences to prove that the market quoted price of the latest transaction is not a fair value, it shall make appropriate adjustment to the market quoted price of the latest transaction so as to determine the fair value of the said financial asset or financial liability.

54. His Government was concerned that financial liberalization and restrictive monetary policies had uncoupled finance from international trade and investment, leading to short termism and its concomitant lack of commitment to investment in productive assets.

(5)The financial asset can no longer continue to be traded in the active market due to serious financial difficulties of the issuer

No such funds, financial assets or economic assets have been frozen or unfrozen.

Article 11The term held to maturity investment refers to a non derivative financial asset with a fixed date of maturity, a fixed or determinable amount of repo price and which the enterprise holds for a definite purpose or the enterprise is able to hold until its maturity.

Establishment of a financial investigation unit to monitor illicit financial transactions.

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.

Article 32An enterprise shall make subsequent measurement on its financial assets according to their fair values, and may not deduct the transaction expenses that may occur when it disposes of the said financial asset in the future.

In more sophisticated trading, comments on the availability of and access to modern trade finance and risk management products will take on more importance.

For the financial assets and liabilities measured at their fair values and of which the variation is recorded into the profits and losses of the current period, the transaction expenses thereof shall be directly recorded into the profits and losses of the current period

Question on the requirement to report suspicious transactions by all financial institutions, as well as by insurance companies and other such intermediaries engaged in financial transactions.

In addition, there was excessive investment in speculative assets, such as real estate and stocks, which rendered the banks and finance companies vulnerable to an economic slowdown.

(1)the contractual obligations to deliver cash or other financial assets to any other entity

Financial and economic assets freeze

Likewise, the Central Bank of Brazil discloses the above mentioned information to all financial institutions, in order to check if suspects have been operating in the financial system, have banking accounts or possess other types of assets in the country.

(1)In the active market, the quoted prices of an enterprise for the financial assets it holds or the financial liabilities it plans to assume shall be the present actual offer, while the quoted prices of an enterprise for the financial assets it plans to acquire or the financial liabilities it has assumed shall be the available charge.

23 Transfer of Financial Assets.

The FIU is responsible for investigating money laundering operations, through the financial system, using the mandatory reports submitted by financial entities concerning individuals who may be involved in such activities.

23 Transfer of Financial Assets

Over 1.5 million SAR forms had been filed at FinCEN by December 2003, with the volume of SAR filings 45 per cent higher in 2003 than those filed in 1996.

That leaves the hope that a Tobin tax would induce high IQ financial traders to do something else, with higher net benefits to society. If trading today is not helping to move capital to its highest and best use, reallocating inefficiently employed financial talent could yield big benefits.

The Wrong Tax for Europe

Of course, there is a lot to fear in modern global finance. Its scale is staggering more than 4 trillion of mergers and acquisitions this year, with tradable and (theoretically) liquid financial assets reaching perhaps 160 trillion by the end of this year, all in a world where annual global GDP is perhaps 50 trillion.