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Articoli di riviste sul tema "Purpose in purchase of securities"

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Huang, Juliet H., James C. Burr, Richard A. Cosgrove e Nathan H. B. Odem. "MSRB and FINRA issue joint notice cautioning broker-dealers and municipal advisors about bank loans". Journal of Investment Compliance 17, n. 3 (5 settembre 2016): 52–54. http://dx.doi.org/10.1108/joic-07-2016-0030.

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Purpose To alert lenders, broker-dealers and municipal advisors to a joint regulatory notice from the Municipal Securities Rulemaking Board (“MSRB”) and the Financial Industry Regulatory Authority (“FINRA”) regarding direct purchase or “bank loan” transactions. Design/methodology/approach Explains the MSRB and FINRA notice, why the notice was issued, what lenders should know about the notice, what broker-dealers and municipal advisors should know about the notice, and what MSRB rules could apply to bank loans. Findings Firms should determine whether state and local government obligations acquired through bank loan transactions constitute municipal securities for federal securities law purposes. Originality/value Review of a recently issued regulatory notice by experienced municipal securities lawyers.
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ZALIUBOVSKA, S. S., Yu B. KOLUPAYEV e К. R. TOKАREVA. "The Securities Market in Ukraine: Theoretical Aspects of Historic Development". Scientific Bulletin of the National Academy of Statistics, Accounting and Audit, n. 3 (1 novembre 2019): 120–30. http://dx.doi.org/10.31767/nasoa.3.2019.11.

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The article sums up a review of theoretical approaches to the interpretation of economic categories “securities market” and “stock market” and a chronological analysis of the stock market development in independent Ukraine. It is shown that two general approaches to the interpretation of the above categories exist, legislative and scientific. The latter one can, in turn, be subdivided into narrower approaches: segment approach, with securities market treated as a part of the capital market or financial market; functional approach, with securities market seen as a floor for sales and purchase of securities; normative approach, with securities market addressed as a sophisticated mechanism used to set legal and economic relations between business entities; logical approach, with securities market considered as a set of transaction mechanisms. The authors’ definition of the securities market is proposed: a segment of the financial market, on which interactions between various market actors take place, related with issuance, purchase and sales of securities that have value, circulate freely and certify the relations of co-ownership or lending, with the purpose of effective distribution and rational allocation of financial resources in the socio-economic area of a country with due account for the society’s interests and needs. The authors’ chronology of the securities market development in Ukraine is proposed, in which six phases are distinguished. The first phase is “reappearance” (1990). The second phase is “formation” (1991–1994), falling upon radical market-driven transformation in the Ukrainian economy. The third phase is “development” (1995–1999): search of the effective owners on the boosting market, setting up a system for control over sales and purchase of securities, creation of investment funds, financial and industrial companies and private pension funds. The fourth phase is “improvement” (2000–2002): creating a system for information support for circulation of securities issued in non-documentary form, and computer software for operating the State registers. The fifth phase is “recovery” (2003–2006): gradual decline of crisis tendencies in the economy along with the recover at the securities market. The sixth phase is “financial globalization” (from 2007 and on). This approach enables to investigate the securities market dynamics over 1991–2018 and give detailed descriptions of each phase with emphasis on core historic event in each.
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Nathan, Daniel A., e Tiffany Rowe. "SEC charges broker-dealer for failure to protect against insider trading by employees". Journal of Investment Compliance 16, n. 1 (5 maggio 2015): 59–62. http://dx.doi.org/10.1108/joic-01-2015-0004.

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Purpose – To alert broker-dealers to Securities and Exchange Commission charges brought against a broker-dealer for ineffective controls over employee use of confidential information and to provide guidance regarding development and implementation of controls to protect against improper use of material non-public information by employees. Design/methodology/approach – Reviews Securities and Exchange Commission settlement order with broker-dealer for violations of securities laws for failure to adequately prevent insider trading by employees and provides guidance for implementing control to prevent insider trading. Findings – The Securities and Exchange Commission’s charges are the first to be brought against a broker-dealer for failure to adequately protect against insider trading. A broker used a customer’s confidential information regarding an impending acquisition by a private equity firm to purchase stock in the target company. The broker-dealer settled charges of violations of the federal securities laws for failing to adequately establish, maintain, and enforce policies and procedures to protect against insider trading by employees with access to confidential client information. Originality/value – Practical guidance regarding internal controls at broker-dealers from experienced securities litigation and regulation lawyers.
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Sandrawati, Erna, Mahmul Siregar e Isnaini Isnaini. "Perlindungan Hukum terhadap Investor dalam Perjanjian Jual Beli Saham Dengan Hak Membeli Kembali (Repurchase Agreement) Yang Diperjualbelikan PT. OSO Securities Cabang Medan". ARBITER: Jurnal Ilmiah Magister Hukum 1, n. 2 (2 ottobre 2019): 109–16. http://dx.doi.org/10.31289/arbiter.v1i2.113.

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The purpose of this study is to find out how the position of the agreement in the sale and purchase of shares with repurchase rights (REPO) in law in Indonesia, whether the sale and purchase agreement of shares with repurchase rights (REPO) has protected the interests of investors, as well as how the settlement of disputes in the sale and purchase agreement shares with repurchase rights (REPO) between issuers and investors by PT. OSO Medan Branch Securities. The method in this research is a normative juridical legal method with qualitative analysis. From the results of the study, it was found that the sale and purchase agreement of shares brokered by PT. OSO Sekuritas is a form of agreement or contract which must comply with the provisions in the Civil Code in general and specifically must comply with the laws and regulations relating to REPO. In the share sale and purchase agreement brokered by PT. OSO Sekuritas has provided legal certainty and protection to investors because in the agreement clause the form of protection has been explained. Settlement of disputes that occur between the parties in the REPO share-purchase agreement brokered by PT. OSO Sekuritas, contained in the agreement clause, which is an agreement for mediation and deliberation as well as resolving issues through the capital market arbitration body, if deliberation is not reached.
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Kasri, Noor Suhaida, e Burhanuddin Lukman. "Contra trading in Bursa Malaysia Securities Berhad: a Sharīʿah and legal appraisal". ISRA International Journal of Islamic Finance 9, n. 2 (4 dicembre 2017): 200–204. http://dx.doi.org/10.1108/ijif-08-2017-0019.

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Purpose The purpose of this paper is to analyze the practice of contra trading in Bursa Malaysia Securities Berhad. Through a critical examination of the practice, it aims to discuss the issues from the angles of Sharīʿah and Malaysian common law. Design/methodology/approach The paper uses a qualitative research methodology. The information on the practice of contra trading is obtained through the Bursa Malaysia Securities Berhad’s website and literature as well as series of meetings and discussions held with Bursa Malaysia Securities Berhad. In comprehending and dissecting the Sharīʿah and legal issues, classical along with contemporary Sharīʿah literature including local and international Sharīʿah advisory bodies’ resolutions and standards have been referred to. The Sharīʿah analysis of these issues is further supported by reference to the statute and by-laws of Bursa Malaysia Securities Berhad as well as other related legal literature. Findings This paper finds that contra trading involves a real sale and purchase of shares; the shares are not taken into the possession of the contra trader, neither physically nor constructively; the liability of shares is not transferred to the contra trader; though the practice of profiting in contra trading may contradict the prohibition on profiting without bearing liability, the permissibility of contra trading could still be argued from the contextual approach of public interest (maṣlaḥah) and needs (hājah); and contra trading is not gambling. Research limitations/implications This paper is limited in its analysis to only Sharīʿah and legal perspectives. It does not cover a thorough empirical and quantitative investigation that would measure the extent of the public needs for contra trading and the real benefits that contra trading brings about to the society in the long run. Such studies will further demonstrate whether contra trading deserves a relaxation from the strict Sharīʿah ruling thus affirming the issue of permissibility of contra trading. Moving forward, this paper recommends ways to address the predicaments faced in the contra trading practices as well important research areas that could be taken up in future. Originality/value This paper provides an in-depth investigation of the practice of contra trading at the Bursa Malaysia Securities Berhad from the angles of Sharīʿah and common law.
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MAGOL, LUSIA EMITRIANA, KOMANG DHARMAWAN e DESAK PUTU EKA NILAKUSMAWATI. "PENENTUAN NILAI KONTRAK OPSI SAHAM TIPE EROPA MENGGUNAKAN MODEL CONSTANT ELASTICITY OF VARIANCE". E-Jurnal Matematika 9, n. 1 (31 gennaio 2020): 37. http://dx.doi.org/10.24843/mtk.2020.v09.i01.p276.

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Investment is a very sensitive matter especially relating to securities commonly known as shares. Shares are not merely as securities or certificates of ownership but as a business area in achieving profits. One alternative factor for investment is option. Stock options are one of the trading tools used to secure stock investments owned by investors. The real value of stock options can be known when the due date. The stock option value formula can be used to find out the value before the due date. The most widely known stock option value is to use the Black-Scholes equation which is obtained from a constant volatility value. Then it was developed because it saw the conditions in the market based on the volatility of the value (not constant). The purpose of this study is to determine the value of stock options in the market based on volatile values ??that change using the Constant Elasticity of Variance model with the limit of European stock purchase options. If the resulting stock option value is greater than the option price in the market, investors are advised to buy the stock option.
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Tataryn, N. B., e I. M. Yurchenko. "The Impact of the COVID-19 Pandemic on the IGLBs Market in Ukraine: State, Problems, and Development Perspectives". PROBLEMS OF ECONOMY 2, n. 48 (2021): 210–16. http://dx.doi.org/10.32983/2222-0712-2021-2-210-216.

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The article aims at analyzing the Ukrainian market of domestic government bonds (IGLBs) in the context of the COVID-19 pandemic; determining its state, problems and development perspectives. The development of the domestic government bonds market during the coronavirus crisis is considered; the essence and purpose of IGLBs in Ukraine are revealed; IGLBs are classified by type of use. The differences between domestic and external government bonds are determined, and the advantages of the former are indicated; peculiarities of purchasing such securities by individuals and legal entities are revealed; requirements for issuing IGLBs by issuers are indicated, and the most reliable banks engaged in this activity are enumerated; the state of the government bond market during 2018–2020 is studied; the amount of ownership, the share of buyers of securities and the purpose of their purchase for each of the entities are given; the rate and yield of domestic government bonds in Ukraine are analyzed and compared with other countries, such as the United States, Germany, France and others. The study identifies the following problems: the economic crisis caused by the COVID-19 pandemic, the inadequate legal framework on IGLBs, the low level of public awareness of these securities, and others. To overcome these problems, the following actions are suggested: counteracting the coronavirus crisis by combining the efforts of the state and local authorities, business, and the population; directing most of the financial resources in this direction; spreading economic education among the population; introducing a simplified procedure for purchasing IGLBs; and working with banks to increase the availability of bonds purchasing. Statistical data obtained from the official website of the National Bank of Ukraine make up the basis for the study.
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Winata, Maria Gabby. "TINGKAT EFEKTIVITAS SISTEM INFORMASI REMOTE TRADING MENGGUNAKAN METODE UTAUT PADA PT CIPTADANA SECURITIES". Infotech: Journal of Technology Information 5, n. 1 (25 marzo 2020): 37–44. http://dx.doi.org/10.37365/jti.v5i1.57.

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Along with the rapid development of information technology, the Indonesian Stock Exchange (IDX) began to develop a more efficient transaction concept by starting to apply the concept of floorless trading. Which previously all places and processes of buying and selling shares were only centered on the IDX floor or better known as floor trading. The floorless trading system is a new stock trading transaction system implemented by the IDX by moving the place and process of buying and selling of shares to each securities company from what was previously centralized on the stock exchange (IDX). So now the concept of a new stock sale and purchase transaction, or better known as remote trading, has begun to be developed. The purpose of writing this research is to evaluate the remote trading system implemented by the company and provide input to improve the effectiveness of the remote trading system. This study uses the UTAUT methodology to evaluate and measure user acceptance, the results of which will be a reference to provide input to the company. The results achieved are a new system design created to meet user needs based on the analysis that has been done. With this new system design will increase system effectiveness and employee performance.
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Guadalajara, Natividad, e Miguel A. López. "THE INFLATED VALUATION PROBLEM IN VALENCIA, SPAIN, AND IMPLICATIONS FOR FIRM SIZE". International Journal of Strategic Property Management 22, n. 4 (10 agosto 2018): 300–313. http://dx.doi.org/10.3846/ijspm.2018.4348.

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Home purchase-sale prices have been widely modeled by several authors. Nonetheless, other values exist, such as home mortgage appraisal values, used by financial institutions, which have played a key role in the recent financial crisis. This article attempts to model the appraisal price of one m2 of residential properties obtained by 31 appraisal companies in Valencia (Spain). Mortgage appraisal values of 17 007 residential properties were used for this purpose. Spatial autocorrelation was detected in both the data and residuals of the ordinary regression model, which justified using spatial regression models. Of the four employed models, the error model offered the best results. Significant differences were found among appraisal companies, which varied as much as 83% for some. Generally speaking, small appraisal companies obtained higher over-valuation percentages, which confirms their situation of weakness. The fact that over-valuations exist in mortgage securities is a high risk for a stable financial system.
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KULBOSYNOVNA, Nurasheva Kulyanda, Kulanova Darikul ASKARBEKOVNA, Abdikerimova Gulzhanar IMANBAEVNA e Mergenbayeva Aziza TOIMAKHAMBETOVNA. "State and Prospects of the Securities Market in the Developing Economy (on the Example of Kazakhstan)". Journal of Advanced Research in Law and Economics 11, n. 2 (31 marzo 2020): 436. http://dx.doi.org/10.14505/jarle.v11.2(48).17.

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The purpose of the research is to study the economic environment and determine the possibilities of issuing and circulating municipal bonds. The methods used were information sampling, its grouping, system and statistical analysis, comparison of indicators and logical conclusions. It has been determined that the large quasi-public sector, the feebleness of development institutions, the instability of the banking sector, and the uneven development of regions impede the formation of the stock market. Low household incomes, inflation and depreciation of the national currency reduce investment opportunities. The risks of buying securities by the population are not calculated, there are no clear guarantees for the rights of ordinary shareholders, the return of funds causes problems due to imperfect legislation. In order to substantiate the true opportunities and desires of people to spend money on the purchase of securities, questionnaires and interviews were conducted among representatives of various social groups. The study showed that citizens are willing to buy bonds, but first it is needed to create an innovative economy and implement attractive projects in the regions for the population in order to fully launch the stock market. In the current scheme for issuing municipal bonds, only the quasi-public sector is involved. To attract the investments from pension funds, insurance companies, small investors (population), the authors recommend a scheme of business processes for issuing and circulating bonds. The problems and proposals discussed are of interest to post-Soviet countries, which are facing with the need to develop the stock market.
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Più fonti

Tesi sul tema "Purpose in purchase of securities"

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RAHMAN, Sardar Moklesur. "Compulsory Purchase procedure in Bangladesh". Thesis, KTH, Fastigheter och byggande, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-129559.

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Government authority can, for public benefit purpose, take private ownership of land by compulsory purchase. Primary aim of this study is how to protect private land owners rights in spite of governments power of acquiring land. Bangladesh, as for details study, is a most densely populated country in the World. International best standards of practicing guidelines by FAO-UN, FIG and WB as well as other countries practice have reviewed from different perspectives. From theory, early stage negotiations, market value of property plus other damages, opportunity of involvement of all parties, protection of agricultural land , removal services all of those are the thorny of legal challenges to adopt into a new legislation in Bangladesh. Empirically, field study has conducted by way of interviewing from selected different projects in Bangladesh including largest project Padma Multiple Bridge. Huge destitute of land, unplanned city expansion, unsustainable development of infrastructure and environmental damage are remained as significant issues of sustainable development of land management. Analysis shows that Bangladesh has been losing 1% of agriculture land which related to the national employment and food production. 100% of the affected people wants to resettlement by the authority. There is clearly misusing of legal rights by the government authority: firstly, by using inequitable Acquisition and Requisition of Immovable Property Ordinance, 1982; no protection has been giving for religious place and graveyard under Antiquities Act, and Article 42(2) of Constitution also imposing unfair curtailment of rights for getting fair compensation. Finally, some recommendations have given for enacting a new legislation including planning permission, extended notice period, public meeting and review, agricultural land exempted, resettlement, valuation by valuers, in time compensation payment and right to Appeal.
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Brakensiek, Sonja. "Bilanzneutrale Finanzierungsinstrumente in der internationalen und nationalen Rechnungslegung : die Abbildung von Leasing, Asset-Backet-Securities-Transaktionen und Special Purpose Entities im Konzernabschluss /". Herne [u.a.] : Verl. Neue Wirtschafts-Briefe, 2001. http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&doc_number=009538508&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA.

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Matiáš, Marek. "Specifika kvantitativního uvolňování ECB a strategie exitu". Master's thesis, Vysoká škola ekonomická v Praze, 2015. http://www.nusl.cz/ntk/nusl-201855.

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Goal of master thesis Specifics of Quantitave Easing of ECB and exit strategy is to analyse monetary policy called Quantitative easing and its exit strategy. Largest part of thesis addresses this monetary policy on example of European central bank but there is also summary transmission mechanisms and opinions of effectivness of this monetary policy on examples of other central banks. On example of ECB this work describes process of quantitative easing. Also there is empicital analysis of impacts of purchases under Securities market programme on yields of goverment bonds. Result of this anylsis is finding that SMP was effective only partly, mainly at time of its announcement. Further the work analysis current balance sheet of ECB from the perspective of exit from quantitative easing concluding that ECB would be able to execute exit strategy to these days.
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Coelho, Livia Alves Visnevski Fróes. "Securitização". Pontifícia Universidade Católica de São Paulo, 2007. https://tede2.pucsp.br/handle/handle/7669.

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Made available in DSpace on 2016-04-26T20:25:54Z (GMT). No. of bitstreams: 1 Livia Alves Visnevski Froes Coelho.pdf: 555623 bytes, checksum: 8376d5ab915cc209cf20c0ffb8f50df2 (MD5) Previous issue date: 2007-09-03
The intention of this study is to carry out an analysis of securitization in Brazil and, therefore, it will present an analysis of the securitization terminology and appearance, first in the United States of America and then in Brazil. Thereafter, the legal nature and the concept of securitization will be studied pursuant to the Brazilian legislation, after which we will verify its legal structure, including (i) the incorporation of a specific purpose vehicle, consisting of an investment fund or a special purpose company, the latter usually incorporated as a joint-stock company, (ii) the assignment of credits from the company which originates the assets to the specific purpose vehicle, at which point the issue regarding the effective segregation of the applicable specific purpose vehicle s assets from the originator s assets will be analyzed, and (iii) the issuance of asset backed securities. The roles and responsibilities of the other agents which are part of the securitization process will be verified: the institution providing the structure of the operation, the fiduciary agent, the independent auditor and the rating agency. Finally, the specific securitization structures and regulations in Brazil will be described, as follows: export securitization, real estate securitization, financial credit securitization and receivables securitization in general
O presente trabalho tem por objetivo fazer uma análise da securitização no Brasil e, para tanto, analisa a sua terminologia e o seu surgimento, inicialmente nos Estados Unidos da América e, posteriormente, no Brasil. Após, serão abordados a natureza jurídica e o conceito de securitização dentro da legislação pátria, para, então, tratar de sua estrutura jurídica, que compreende (i) a constituição de um veículo de propósito específico, que pode ser um fundo de investimento ou uma sociedade de propósito específico, esta última geralmente constituída sob a forma de sociedade por ações, (ii) a cessão do crédito da sociedade originadora dos ativos para o veículo de propósito específico, analisando-se aí especialmente a questão que diz respeito à efetiva segregação dos ativos do patrimônio da originadora, e (iii) a emissão de valores mobiliários lastreados nos ativos cedidos. Serão então analisados os papéis e as responsabilidades dos demais agentes presentes na securitização, a saber, o estruturador, o agente fiduciário, o auditor independente e a agência de classificação de risco. Finalmente, serão descritas as estruturas específicas e a regulamentação de cada um dos tipos de securitização atualmente utilizados no Brasil, quais sejam, a securitização de exportações, a securitização imobiliária, a securitização de créditos financeiros e a securitização de recebíveis em geral
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Nguyen, Benoît. "Essays on unconventional monetary policies". Thesis, Paris 1, 2018. http://www.theses.fr/2018PA01E048.

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Les trois chapitres de cette thèse ont pour objectif de contribuer à une meilleure compréhension de la manière dont les politiques non-conventionnelles affectent les prix d’actifs. Ils revisitent également de manière empirique la question de l’impact de l’offre sur les prix d’actifs, et plus généralement des limites imposées à l’arbitrage, des frictions dans la réallocation des portefeuilles. Chaque chapitre présente de nouvelles données permettant de quantifier les mécanismes à l’œuvre dans le cas du programme d’achat d’actifs de l’Eurosystème (APP). Le chapitre 1 propose un modèle de portefeuille simple permettant de penser les mesures non conventionnelles dans un cadre cohérent. Les exercices empiriques confirment l’existence de plusieurs canaux de transmission des prix et évaluent l’impact de l’APP. Le chapitre 2 jette un nouvel éclairage sur le canal du rééquilibrage de portefeuille. Les fortes frictions liées à la réallocation, la forte demande d’“habitat préféré” et le faible niveau de substituabilité entre actifs permettent d’avoir un impact sur les prix, tout en limitant possiblement les retombées sur l’économie. Le chapitre 3 suggère que l’effet des achats de titres passe également si ce n’est en premier lieu par l’augmentation du coût d’emprunt de ces titres, ce qui a des répercussions sur la dispersion des taux du marché monétaire à court terme et pourrait rendre difficile à l’avenir la transmission de la politique monétaire conventionnelle si les taux autrefois considérés comme sans risque et contrôlables par la banque centrale ne pouvaient pas être contrôlés aussi précisément qu’auparavant
The three chapters contained in this PhD thesis aim at contributing to a better understanding of how unconventional monetary policies and in particular asset purchases affect asset prices. As such, they also revisit the question of the impact of bond supply on bond prices, and more broadly the questions of limits to arbitrage, frictions in portfolio reallocation and the role of intermediaries. Each chapter brings new original data to quantify the effect on bond prices, on the short term rates, and on the portfolio reallocation of investors. Chapter 1 built a simple portfolio model allows to think of them in a consistent framework, and suggests that the type of asset purchased, the degree of risk aversion or how assets covary are important. The empirical exercises confirm the existence of several transmission channels to prices and assess the impact of the European APP. Chapter 2 sheds a new light on portfolio rebalancing in terms of asset classes and shows it is more limited than previously thought. Heavy frictions to reallocation, strong “preferred habitat” demand and low level of substituability between assets allow for price impact of central bank asset purchases but at the same time possibly limit the spillovers on the economy. The main channel through which APP affects price might be even be more indirect that one thought: chapter 3 suggests that it might come from reducing asset supply and increasing the cost of borrowing them. This has repercussions on the dispersion of short term money market rates and might be challenging in the future if rates once considered as risk free and controllable by the central bank cannot be controlled as precisely as before. In other terms, controlling the long end of the yield curve might in part comes at the cost of loosing part of the control on the short end
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Lundwall, Jakob, e Simon Nyqvist. "Hur påverkar rättsreglerna bildandet av ägarlägenheter?" Thesis, KTH, Fastigheter och byggande, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-276415.

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Ägarlägenheter kan ha flera fördelar med bland annat ökat boendeinflytande för den enskildelägenhetsinnehavaren, vilket var ett av målen när lagen infördes. Långt färre ägarlägenheter har bildats änvad som förutspåddes när boendeformen infördes i Sverige år 2009. Därmed är det relevant attundersöka varför ägarlägenheter inte har fått det genomslag som förväntades. Examensarbetet syftar tillatt ta reda på hur rättsreglerna påverkar bildandet av ägarlägenheter samt hur övriga aspekter kanpåverka bildandet av ägarlägenheter. Samt därefter komma med förslag till vad det finns för behov avregelförändringar för ägarlägenheter. I detta examensarbete har den rättsdogmatiska metoden använts där förarbeten, doktrin ochforskningsartiklar ger en bakgrund till forskningsområdet. För att ta reda på hur reglerna förägarlägenheter tillämpas och upplevs av de aktörer som använder eller berörs av reglerna i praktikengenomfördes även en enkätundersökning riktad till förrättningslantmätare. Intervjuer genomfördes medexploatörer, förrättningslantmätare, experter på 3D-fastighetsbildning och personer som deltagit i arbetetmed att ta fram utredningar. En fallstudie har även utförts för att gå in djupare i en lantmäteriförrättningsom var i gränslandet för om en syftestolkning av den så kallade åttaårsregeln kunde göras eller inte. Det faktum att boendeformen år 2009 infördes med viss försiktighet och endast tilläts att bildas vidnyproduktion och i befintliga bostäder som inte haft boendeverksamhet de senaste åtta åren har troligtvislett till att färre ägarlägenheter har bildats än vad det annars hade gjort. Fastighetsbildningsreglernabegränsar antalet ägarlägenheter som bildas, men det finns även andra orsaker till varför flerägarlägenheter inte har bildats. Många aktörer var inte redo att hantera boendeformen när den infördesoch det kan även vara så att allmänheten inte har tillräcklig kunskap om vad boendeformen innebär.Problem i tillämpningen av reglerna har främst uppkommit i samband med åttaårsregeln (3 kap. 1 b §FBL) och detaljplanevillkoret (3 kap. 2 § FBL). Det finns även flera åtgärder som skulle kunna underlättabildandet av ägarlägenheter. Det innefattar att tillåta omvandling av befintliga bostadsutrymmen tillägarlägenheter, klargörande av åttaårsregeln, anpassningar av detaljplaner till 3D-fastighetsbildning samtanpassningar i AL för ägarlägenheter och 3D-fastigheter.
There can be several advantages to condominiums (sv. ägarlägenheter). Amongst them are the increasedinfluence for the residents, which was one of the objectives when the law was introduced. The number ofcondominiums that have been formed in Sweden are significantly lower than what was predicted beforecondominiums were introduced in Sweden in 2009. Therefore, it is relevant to investigate whycondominiums have not had the expected breakthrough. The purpose of this thesis is to analyse how thelegal rules and other aspects affect the amount of condominiums that are being built. Furthermore, thethesis aims to suggest changes, that are needed, to the rules and application of them regarding propertyformation of condominiums. The methods that have been used in this thesis are document studies, a survey, semi structuredinterviews and a case study. The method of document studies was used to get an understanding of thebackground of the research field by analysing the legislative history, literature within the field andresearch articles. Next, to get an understanding of how the laws of condominiums are applied andperceived by surveyors in reality a survey was used where surveyors with experience of cadastralprocedure of condominiums were the target group. Furthermore, semi structured interviews were alsoused to get an understanding of how the laws of condominiums are applied and perceived in reality byinterviewing land developers, surveyors, experts in 3D-property and people that have participated withthe work of government inquiries. Finally, a case study was used to get a deeper understanding of acadastral procedure. The cadastral procedure was a critical case for the so-called eight-year rule (sv.åttaårsregeln) and whether or not an interpretation of the purpose of the rule could be used. The fact that the tenure condominiums were introduced with caution in Sweden and condominiums wereonly allowed to be built in newly produced housing or in buildings which had not been used as housing forthe last eight year before the property formation has probably limited the amount of condominiumsproduced. The rules regarding property formation limit the amount of condominiums built but there arealso other factors that affect the amount. Many actors were not ready to handle the tenure when it wasintroduced, and it is also possible that the public does not have enough knowledge of the implication ofthe tenure. The problems with administering the law have mainly arisen regarding the eight year-rule, (3-chapter 1 b § Property Formation Act (FBL)) and the planning condition (3 chapter 2 § PropertyFormation Act). There are also several other measures that could simplify the property formation ofcondominiums. That includes introducing the possibility of forming condominiums in spaces already usedas housing, clarification of the eight-year-rule, adaption of zooning procedure to 3D-properies andcondominiums and adjustments in the Joint Facilities Act (AL) to better suit 3D-properties andcondominiums.
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Erasmus, Nerina. "Capital rules under the Companies Act 71 of 2008, with emphasis on financial assistance". Diss., 2010. http://hdl.handle.net/2263/28407.

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Company law traditionally regulated capital by use of the capital maintenance principle. The Companies Act 71 of 2008 replaces the capital maintenance regime with one based on solvency and liquidity. This dissertation aims at analysing the capital rules relating to financial assistance as they are contained in the Companies Act 71 of 2008. This includes the provision of financial assistance for the purpose of or in connection with the purchase or subscription of securities in the company (section 44) and the provision of financial assistance to directors and prescribed officers of the lending company or of a related or inter-related company, or to a related or inter-related company (sections 45). The solvency and liquidity test, which is required to be applied when a company intends to provide financial assistance is analysed at the outset of the study. The work of renown authors are used for purposes of the study. The solvency and liquidity test comprises of two elements, namely solvency and liquidity. Each element of the test as well as the assets to be considered and valuation thereof is analysed. The greatest problem with regard to the test is which assets to include when the company is part of a group of companies and the lack of provision for the protection of preferential liquidation rights in all instances. Clarity is called for in these regards. Where there is a question as to valuation method of the assets, it is submitted that it is best left to be determined by the directors. The provision of financial assistance in terms of section 44 is analysed in detail. The provision of financial assistance to a person for the purpose of or in connection with the purchase of securities in a company is allowed, subject to certain conditions and requirements. Companies are also allowed to impose further conditions or requirements in the Memorandum of Incorporation. The key terms are defined and analysed, as well as the conditions or requirements for the provision of financial assistance. The scope of application of the section is cast incredibly wide due to the wide definition of “securities” and the extension of the application to financial assistance for securities in a “related or inter-related” company. The provision of financial assistance in terms of section 45 is analysed in the same manner (albeit in less detail) as section 44. The biggest problem here again is its wide scope of application due to the extension of application to provision of financial assistance to a “related or inter-related” company or director or a prescribed officer thereof.
Dissertation (LLM)--University of Pretoria, 2010.
Mercantile Law
unrestricted
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8

Snyder, Matthew. "Hostile Takeovers and Corporate Purpose: The Role of Poison Pills in Ontario Securities Law". Thesis, 2013. http://hdl.handle.net/1807/42941.

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This paper examines the Ontario Securities Commission's regulation of poison pills as well as several proposals to reform the current regulatory regime. In particular, the paper argues that regulation and reforms should be viewed within the context of two fundamental, normative questions that underlie much of corporate law: what is the purpose of the corporation, and who should determine whether these goals are being met. After outlining several competing theories, the paper explains why a corporate model based on the shareholder-centric, wealth maximization theory is best suited for hostile takeover situations. Additionally, the paper argues that a structural bid reform that would require hostile bidders to include minimum tender conditions and additional opportunities for target company shareholders to tender following a successful bid would provide the best way to incorporate this corporate model into Ontario securities regulation.
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WANG, YUE, e 王悅. "The Impact of Advertisement Preference for Perfume Sexual Appeal on Purchase Intention Gender and purchase purpose as Moderators". Thesis, 2018. http://ndltd.ncl.edu.tw/handle/6q57jb.

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碩士
中原大學
企業管理研究所
106
The advertising industry is a supportive industry. The surplus of the industry usually fluctuates along with the prosperity of the economy. Reichert and Carpenter (2004) found that from 1983 to 2003, in order to achieve the advertising effect that sexual appeals can achieve in the past, the sexual appeals become more visualized and visually stimulated. Whether or not these sexual elements in perfume advertisements are related to the product itself? and whether the use of sexual elements is a prerequisite for perfume ads? whether it can achieve positive publicity for the sales of products? all of these are important topics worth to discuss deeply. This study will focus on the impact of sexual appeal advertising on consumer advertising preferences, as well as the preference of sexual appeal advertising, and the impact of product purchase intention. In this study, One Way ANOVA, Two Ways ANOVA, and Linear Regression were used as the analysis methods. This study used an experimental questionnaire to explore the effect of different appeal advertisements on consumer advertising preferences and purchase intentions, with gender and the purpose of purchase as the interference factors. The results of the study are as follows: Comparing with non-sexual appeal advertisements, consumers are more like explicit-sexual appeal advertisements; Comparing with non-sexual appeal advertisements, consumers are more like implicit-sexual appeal advertisements; But Comparing the consumers’ preference for explicit-sexual appeal advertisements and implicit-sexual appeal advertisements, There are no obvious difference. Gender influences the relationship between advertising appeals to consumers. However, there is no effect on the relationship between explicit-sexual appeal and implicit-sexual appeal. Furthermore, Male consumers have more prefer the explicit-sexual appeal advertisements than non-sexual appeal advertisements, and also more prefer the implicit-sexual appeal advertisements than non-sexual appeal advertisements. Women’s preference for implicit-sexual appeal advertisements is higher than explicit-sexual appeal advertisements and non-sexual appeal advertisements. And preference for explicit-sexual appeals are higher than non-sexual appeal advertisements. The preferences for perfume’s sexual appeals ads on no matter male or female consumers with the purchase intentions, there is a positive relationship between them, and will not change because of the different gender. The relationship between sexual appeal ads’ preference and purchase intention for male, will change because of the different purchase intentions. Female consumers are not affected. The above research results proved that although the perfume’s sexual appeal advertisement will increase the consumer''s advertising preference and purchase intention, the sexual appeal level of the advertisement has different perceptions due to different genders. if the sexual appeal of the perfume advertisement is too obvious, too over-exposed or over-emphasized the sexual part. it may affect the perception of female consumers on the advertisement and reduce the purchase intention. This study puts forward suggestions for practical and academia based on the results of this research and uses its suppliers to design more effective marketing strategies.
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Chih-LinCheng e 鄭芷琳. "The Housing Price Differences on the YIMBY Facilities for Purchase Purpose - Taipei Case Study". Thesis, 2017. http://ndltd.ncl.edu.tw/handle/msb57c.

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碩士
國立成功大學
都市計劃學系
105
Affected housing price factors that the characteristics of housing structure and housing where the neighborhood environment. According to the Construction and Planning Agency of The Housing Demand Survey that the purchase of residential in attrition to the housing price itself, nearing different public facilities is also a factor. There is popular facility as YIMBY Facilities and unwelcome facility as NIMBY Facilities. In this study, according to the data of the Housing Demand Survey from government. We use the Rosen(1974) Hedonic Price Theory and Multiple Regression Analysis to predict the differences purpose of purchase in Taipei and conclude the factor which affect the housing price. And then we would discuss the housing price and YIMBY Facilities distance the extent of its impact. The Housing Demand Survey from 2011 to 2014. Finally, we find the consumers are focus on the distance from housing to the MRT ,park and CBD. In the contrast to the consumer, the investors are focus on the distance from housing to the MRT and CBD. The marginal willingness-to-pay of per 100 meters of housing price 15.7million dollars and 21.2million dollars. On the other hand, the self-occupation relationships between MRT station distance and the price of housing are decreased after an initial increased. The relationships between park distance are increased after decreased. The distance from CBD is in line with Alonso(1964) rent curve, which is far from the decrease housing price in the CBD. The investor relationships between MRT station distance and the price of housing are increased after an initial decreased. In addition to considering the positive impact of the YIMBY facilities, the purchaser will consider the negative effects, such as the noise and traffic congestion.
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Più fonti

Libri sul tema "Purpose in purchase of securities"

1

Philippine Institute for Development Studies, a cura di. Purchase or lease of all-purpose vehicle for government offices. Makaty City, Philippines: Philippine Institute for Development Studies, 2014.

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2

Stroebel, Johannes C. Estimated impact of the Fed's mortgage-backed securities purchase program. Cambridge, MA: National Bureau of Economic Research, 2009.

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Brakensiek, Sonja. Bilanzneutrale Finanzierungsinstrumente in der internationalen und nationalen Rechnungslegung: Die Abbildung von Leasing, Asset-Backet-Securities-Transaktionen und Special Purpose Entities im Konzernabschluss. Herne: Neue Wirtschaftsbriefe, 2001.

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4

United, States Congress House Committee on Banking Finance and Urban Affairs Subcommittee on Economic Growth and Credit Formation. The purchase of U.S. government securities by commercial banking institutions: Hearing before the Subcommittee on Economic Growth and Credit Formation of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, first session, April 2, 1993. Washington: U.S. G.P.O., 1993.

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United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Growth and Credit Formation. The purchase of U.S. government securities by commercial banking institutions: Hearing before the Subcommittee on Economic Growth and Credit Formation of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, first session, April 2, 1993. Washington: U.S. G.P.O., 1993.

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United States. Congress. House. A bill to authorize States under Federal health care grant-in-aid programs to require parental consent or notification for purpose of purchase of prescription drugs or devices for minors. [Washington, D.C.?]: [United States Government Printing Office], 2002.

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Office, General Accounting. Tax policy: Deducting interest on funds borrowed to purchase or carry tax-exempt bonds : report to the Joint Committee on Taxation. Washington, D.C: The Office, 1988.

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Legislature, Lower Canada. Bill to incorporate certain persons therein named, and to authorize them to purchase a certain lot of ground in the St. Lawrence suburbs, in the city of Montreal, for the purpose of establishing a public market place thereon: Bill pour incorporer certains personnes y nommées, et les autoriser à faire l'acquisition d'un certain lopin de terre, dans le fauxbourg St. Laurent, dans la cité de Montréal, aux fins d'y établir une place de marché public. [Québec: s.n., 2001.

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Securities Purchase Agreements Line by Line: A Detailed Look at Pro-Buyer and Pro-Seller Variations within a Purchase Agreement. Aspatore Books, 2006.

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Ltd, ICON Group. FGIC SECURITIES PURCHASE, INC.: International Competitive Benchmarks and Financial Gap Analysis (Financial Performance Series). 2a ed. Icon Group International, 2000.

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Capitoli di libri sul tema "Purpose in purchase of securities"

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Bindseil, Ulrich, e Alessio Fotia. "Unconventional Monetary Policy". In Introduction to Central Banking, 53–65. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-70884-9_4.

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AbstractThis chapter introduces the reader to unconventional monetary policy, i.e. monetary policy using instruments going beyond the steering of short-term interest rates as described in the previous chapter. We start by providing the rationale of unconventional monetary policy, i.e. essentially pursuing an effective monetary policy when conventional policies are not able to provide the necessary monetary accommodation because of the zero lower bound. We then discuss negative interest rate policies, and explain why rates slightly below zero have proven to be feasible despite the existence of banknotes. We also discuss possible unintended side-effects of negative interest rates. We continue with a discussion of non-conventional credit operations: lengthening of their duration, the use of fixed-rate full allotment, the widening of the access of counterparties to the central bank’s credit operation, targeted operations, credit in foreign currency, and widening the collateral set. Finally, we turn to the purposes and effects of securities purchase programmes. We end the chapter by revisiting the classification of central bank instruments in three categories: conventional, unconventional, and lender of last resort.
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McColl, Julie, e Elaine Ritch. "Brand Purpose: Perspectives and Purchase Behaviour of Generation Z: An Abstract". In Enlightened Marketing in Challenging Times, 363–64. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-42545-6_114.

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Fukui, Hideo. "Land Plots with Unknown Owners: Causes and Legal Measures—The Necessity for a Thorough Reduction of Transaction Costs". In New Frontiers in Regional Science: Asian Perspectives, 31–62. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-15-8848-8_4.

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AbstractThe increase of land plots with unknown owners, namely, land plots whose owner’s name and address are not easily identifiable through repeated inheritance, etc., has emerged as a prominent social issue. The major reason for this phenomenon is the Civil Code that unconditionally allows the sharing of real estate by an unlimited number of co-owners, for one thing, and the registration system of real estate that does not require the true owner to register and thus does not show the real rights of real estate, for another. To reduce the increase of land plots with unknown owners as a proactive measure and to utilize them as a reactive measure, it is necessary to establish the one-owner principle with a ban of the sharing of real estate even through inheritance, to abolish fixed asset tax on buildings and houses, to require the new owner of real estate to register the right upon the transfer of ownership and for the registration office to make it public, to amend the Land Expropriation Act to facilitate the purchase of the land plots for public purpose without owner identification, to create an institutional arrangement that allows the will of the owner to be fictionally replaced, and to amend the Civil Code to allow the disposal of shared real estate by the majority of the co-owners.
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Morton, Guy. "The 2006 Securities Convention: background, purpose and future". In The Elgar Companion to the Hague Conference on Private International Law, 336–48. Edward Elgar Publishing, 2020. http://dx.doi.org/10.4337/9781788976503.00040.

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Rechtschaffen, Alan N. "United States Treasury Securities". In Capital Markets, Derivatives, and the Law, 121–38. Oxford University Press, 2019. http://dx.doi.org/10.1093/oso/9780190879631.003.0009.

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This chapter begins with a discussion of the purpose and goals of treasury securities. Treasury securities are a type of debt instrument providing limited credit risk. U.S. Treasury bills, notes, and bonds are issued by the Treasury Department and represent direct obligations of the U.S. government. Treasury securities are used to meet the needs of investors who wish to “loan” money to the federal government and in return receive a fixed or floating interest rate. The Treasury yield curve is a benchmark for fixed income securities across the spectrum of debt securities. The remainder of the chapter covers types of treasury securities, pricing, bond auctions and their effect on price, interest rates, and STRIPS (separate trading of registered interest and principal securities).
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Meki, Muhammad, Kate Roll e Simon Quinn. "Mutuality and the Potential of Microequity". In Putting Purpose Into Practice, 211–20. Oxford University Press, 2021. http://dx.doi.org/10.1093/oso/9780198870708.003.0016.

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Chapter 16 describes an experiment that is in progress in Kenya to encourage entrepreneurial activity through financing investment by micro-equity rather than micro-debt. The experiment involves individuals distributing Wrigley chewing gum products alongside other goods in Kenya, in particular in areas of the country which were previously impenetrable by existing distribution mechanisms. To assist with their activities, funding arrangements were put in place to allow the distributors to purchase bicycles. The study investigates what happens when the distributors were offered alternative forms of finance ranging from traditional debt instruments to more equity forms of risk (revenue) sharing.
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Abbey, Robert M., e Mark B. Richards. "7. The purchase deed and mortgage". In A Practical Approach to Conveyancing. Oxford University Press, 2017. http://dx.doi.org/10.1093/he/9780198787563.003.0007.

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The principal purpose of the purchase deed is to transfer the legal estate in the property from the seller to the buyer. The transfer of a legal estate is void unless it is made by deed. This chapter discusses types of purchase deed; joint representation of borrower and lender; commercial mortgages; the mortgage deed; and post-completion steps; and mortgage fraud.
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Abbey, Professor Robert M., e Mark B. Richards. "7. The purchase deed and mortgage". In A Practical Approach to Conveyancing. Oxford University Press, 2016. http://dx.doi.org/10.1093/he/9780198747642.003.0007.

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Abstract (sommario):
The principal purpose of the purchase deed is to transfer the legal estate in the property from the seller to the buyer. The transfer of a legal estate is void unless it is made by deed. This chapter discusses types of purchase deed; joint representation of borrower and lender; commercial mortgages; the mortgage deed; and post-completion steps; and mortgage fraud.
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9

Abbey, Robert M., e Mark B. Richards. "7. The purchase deed and mortgage". In A Practical Approach to Conveyancing. Oxford University Press, 2018. http://dx.doi.org/10.1093/he/9780198823087.003.0007.

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Abstract (sommario):
The principal purpose of the purchase deed is to transfer the legal estate in the property from the seller to the buyer. The transfer of a legal estate is void unless it is made by deed. This chapter discusses types of purchase deed; joint representation of borrower and lender; commercial mortgages; the mortgage deed; and post-completion steps; and mortgage fraud.
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Abbey, Robert M., e Mark B. Richards. "7. The purchase deed and mortgage". In A Practical Approach to Conveyancing, 216–47. Oxford University Press, 2019. http://dx.doi.org/10.1093/he/9780198838586.003.0007.

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Abstract (sommario):
The principal purpose of the purchase deed is to transfer the legal estate in the property from the seller to the buyer. The transfer of a legal estate is void unless it is made by deed. This chapter discusses types of purchase deed; joint representation of borrower and lender; commercial mortgages; the mortgage deed; and post-completion steps; and mortgage fraud.
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Atti di convegni sul tema "Purpose in purchase of securities"

1

Kydyraliev, Syrgak, e Anarkül Urdaletova. "Stock Valuation: Dividend Discount Models". In International Conference on Eurasian Economies. Eurasian Economists Association, 2011. http://dx.doi.org/10.36880/c02.00370.

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One of the most widespread problems on a securities market is the problem of definition of an estimated stock value. It is necessary to note, that the stock price as well as the price of any good in the market is defined as the result of supply and demand interaction. Our task is to offer the mechanism, which allows making decision on purchase or sale. For this purpose the method of asset estimation by future cash flows will be used – i.e. we believe that the estimated value of an asset is equal to present value of the future cash flows which are provided by the asset. In our paper we will introduce methods for the valuation of stocks with arithmetic and pseudo-arithmetic growth of dividends.
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Geçit, Barış Batuhan, e Murad Kayacan. "Effect of Price and Brand on Purchase Decision – An Application on Turkish Smart Phone Consumers". In International Conference on Eurasian Economies. Eurasian Economists Association, 2017. http://dx.doi.org/10.36880/c09.01960.

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Purpose of this study is to discuss whether brand and price has a significant effect on consumers’ smart phone purchase decision in Turkey. For this purpose; a survey has been conducted to the Turkish smart phone consumers about the factors affecting their smart phone purchase decision. The results obtained from the survey has been analyzed by using IBM SPSS program. According to the results obtained from the survey the model is accepted as p value of the model is smaller than 0,05. According to the analyze both brand and price has a significant effect on Turkish consumers’ smart phone purchase decision as both variables' p values has been found to be smaller than 0,05. Brand has a positive effect on consumers' smart phone purchase decision whereas price has a negative effect on consumer's smart phone purchase decision.
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Gaspars-Wieloch, Helena. "On Securities Portfolio Optimization, Preferences, Payoff Matrix Estimation and Uncertain Mixed Decision Making". In Contemporary Issues in Business, Management and Education. VGTU Technika, 2015. http://dx.doi.org/10.3846/cibme.2015.04.

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Securities portfolio optimization has been analysed so far on the assumption that the estimation of the probability distribution concerning future rates of return is possible thanks to historical data. However, sometimes it is desirable to forecast profits by considering factors which are not included in past and present results. The purpose of the paper is to investigate the stocks portfolio optimization in the context of decision making under complete uncertainty, i.e. uncertainty with unknown probabilities, which allows the investor to refer to scenario planning. In the contribution, we propose the use of a decision rule for portfolio optimization under complete uncertainty. The procedure takes into account the decision maker’s nature and enables one to select the optimal mixed strategy, which is characteristic of portfolio optimization where variables denoting the share of particular securities are continuous (not binary). The decision process is discussed for two types of decision makers: an active one (who estimates the profit matrix on his own) and a passive one (who uses a profit matrix generated by experts). Additionally, we analyse the impact of the profit matrix estimation (subjectively or objectively) on the decision making process.
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Jílková, Petra, e Petra Králová. "Customer purchase behaviour and shopping in B2C e-commerce". In Contemporary Issues in Business, Management and Economics Engineering. Vilnius Gediminas Technical University, 2019. http://dx.doi.org/10.3846/cibmee.2019.085.

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Purpose – digitalization of business processes, cultural backgrounds and consequences on behavioral differences make a direct impact on customer purchase behavior across different countries. The main aim of this paper is to analyze the effect of the economic situation in the selected countries regarding the e-commerce business. Research methodology – first, the paper presents a theoretical model for customer purchase behavior and the develop-ment of the theory in the B2C e-commerce context. Second, it is analyzed the main aspects of shopping behavior in se-lected countries. Findings – a difference between traditional and e-commerce customer purchase behavior model was found. Next, the re-search shows the main characteristics of shopping in B2C and provides a better understanding of the impact of digitaliza-tion. Research limitations – research will focus on the shopping in B2C e-commerce market in the Czech Republic, Lithuania and in the European Union. The data is based on the Czech Statistical Office, which covers a period from 2010 to 2018 and the respondents of the survey purchased online in the 12 months prior to 2018. Practical implications – the paper confirmed the fact that the B2C e-commerce market in the Czech Republic is developed and has potential to grow nationally and internationally. It is necessary to further investigate the relationship between cus-tomer purchase behavior, e-commerce, and other economic indicators, possibly including other factors. Originality/Value – the paper investigates online shopping for the period between 2010–2018. Finally, the authors dis-cuss the theoretical and practical implications of these results.
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Buckenmeyer, Laura E., Kristophe J. Karami, Ata M. Kiapour, Vijay K. Goel, Teck M. Soo e Constantine K. Demetropoulos. "Optimization of Pedicle Screw Depth in the Lumbar Spine". In ASME 2013 Summer Bioengineering Conference. American Society of Mechanical Engineers, 2013. http://dx.doi.org/10.1115/sbc2013-14322.

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Optimization of pedicle screw insertion depth for ideal fixation and fusion remains a clinical challenge. Improved screw purchase may improve fixation strength 1, which is especially critical in an osteoporotic patient population. Extended screw insertion depths, up to and through the anterior cortex, have yet to be compared to more commonly used shorter pedicle screws in a laboratory controlled series of experiments. The purpose of this study is to evaluate screw purchase in the osteoporotic lumbar spine as a function of insertion depth, which may be used to optimize pedicle screw-rod constructs.
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Oktafani, Farah, Nadya Novandriani K.M., Marheni Eka Saputri e Trisha Gilang Saraswati. "Social Media Marketing, Electronic Word of Mouth, and its Effect on Purchase Decision Process on The Warunk Upnormal Consumer". In Japan International Business and Management Research Conference. RSF Press & RESEARCH SYNERGY FOUNDATION, 2020. http://dx.doi.org/10.31098/jibm.v1i1.222.

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There Warunk UpNormal uses a variety of promotional strategies, including through social media. Warung UpNormal target market is the millennial segment, which is the largest segment in Indonesia's current demographic structure. Therefore, through social media, Warunk UpNormal establishes intense marketing communication with its target market. The purpose of this paper is to examine the effects of social media marketing and electronic word of mouth on a purchase decision process in Warunk UpNormal. A quantitative research methodology was used for the purpose of this research, and the data were collected from 400 customers of Warunk UpNormal who have seen social media and read reviews provided by Warunk Upnormal. The study finds that customers responded positively to Warunk UpNormal social media content, and they have engagement with Warunk UpNormal through social media. Contrary to expectation, the findings showed that both social media marketing and electronic word of mouth has positives but insignificant effect on the purchase decision process. The finding of this study contributes to an understanding of the selected factors in affecting the customer decision process in Warunk UpNormal.
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Manuel, Maria, Paula Heliodoro, Rui Dias e Paulo Alexandre. "THE IMPACT OF COVID-19 ON THE SECURITIES AND EQUITY MARKETS OF PORTUGAL AND EDP: AN ECONOPHYSICS APPROACH". In Sixth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2020. http://dx.doi.org/10.31410/limen.2020.13.

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The Efficient Market Hypothesis (EMH), is one of the most important hypotheses in the financial economy, which argues that yields have no memory (correlation), which implies that agents cannot have abnormal returns in the financial markets, base arbitration operations. This essay intends to investigate the efficiency, in its weak form, in the stock and bond markets of Portugal and EDP, in the period from December 31, 2019, to August 10, 2020. With the purpose of achieving such an analysis, whether: (i) with the evolution of the global pandemic (Covid-19) the Portuguese and EDP stock and bond markets show signs of (in) efficiency? (ii) Does the increased integration between the Portuguese and EDP stock and bond markets result in risk transmission? The model 𝐷𝐹𝐴 shows the existence of long memories in these markets, suggesting that they are not efficient, which validates the first research question. This situation has implications for investors, since some returns can be expected, creating opportunities for arbitrage and abnormal earnings. However, to confirm the inefficiency of these markets, based on our results, we must prove the existence of anomalous returns. In order to answer the second investigation question, we carried out the integration test that shows that these markets are mostly integrated. To validate whether financial integration results in risk transmission between the analyzed markets, we estimate the trendless cross-correlation coefficients (𝜆𝐷𝐶𝐶𝐴), which shows 4 pairs of markets showing risk transmission (4 out of 10 possible). In conclusion, the authors suggest that these results are of interest, among others, to international investors interested in expanding the geographical scope, regarding the implementation of portfolio diversification strategies.
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S.A.C, Madhusanka, Rathnayake K.K.H.M e Mahaliyanaarachchi R. P. "Impact of Traffic Light Food Labelling on Consumer Awareness of Health and Healthy Choices of the Pointof-Purchase". In 2nd International Conference on Agriculture, Food Security and Safety. iConferences (Pvt) Ltd, 2021. http://dx.doi.org/10.32789/agrofood.2021.1001.

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Abstract (sommario):
Sri Lanka introduced colour coding for sugar, salt & fat regulations, which was enforced from the 1st of June 2019. It is the latest food labelling regulation in Sri Lanka. Over the years of consumer studies, even though few studies have studied the impact of food labels on consumer purchase decisions, there is not enough evidence on traffic light food labelling system and its impact on health and healthy choices of the point-of-purchase. Hence, this research study on the impact of colour coding regulation on consumer’s buying decisions with special reference to Western Province, Sri Lanka. The purpose of this research was to study the influence of colour code label system on consumer’s buying decisions and analyse the consumer’s knowledge of the traffic light food labelling system. A purposely developed online questionnaire was administered to 200 randomly selected samples in Western Province in Sri Lanka. The questionnaire had three separate parts. The first part of the questionnaire sought information on the socio-demographic profile of the respondent. The second part had few questions on basic knowledge and behavioural aspect of traffic light food labelling system. The third part of the questionnaire was questioned about further improvements in the traffic light food label from the consumers’ perspective. IBM SPSS version 21 software was used for analysing collected data with frequency analysis and Friedman test. Results revealed that most of the consumers refer to the price label instead of other labels. Also, they are not giving special attention to traffic light food labels at the point-of-purchase. Among the consumers who considered traffic light food labelling system at the point-of-purchase, most respondents had a clear idea about different colour codes and would like to consume food products with a low level of sugar, salt, and fat. Further, a fair number of respondents suggested enlarging the size of the existing colour codes of the traffic light food labelling system. Based on the results obtained, it can be observed that still Sri Lankan consumers are not significantly considered traffic light food labels at the point-of-purchase, and they are limited to seek the price tag at the point-of-purchase. Further, the findings of this study will act as a guide for food regulators when assessing the outcome of the new food labelling regulation of Sri Lanka.
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BAVIERA-PUIG, Amparo, Carmen ESCRIBÁ-PÉREZ e Luis MONTERO-VICENTE. "CHARACTERIZATION OF CHILDREN’S CONSUMPTION OF CHICKEN AND TURKEY MEAT TO DEVELOP SOCIAL RESPONSIBILITY STRATEGIES". In International Scientific Conference „Contemporary Issues in Business, Management and Economics Engineering". Vilnius Gediminas Technical University, 2021. http://dx.doi.org/10.3846/cibmee.2021.589.

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Abstract (sommario):
Purpose – to analyze the image, consumption and purchase habits of chicken and turkey meats by households with children as both kinds of meat are healthier than others. Research methodology – in the field of marketing, we carried out a telephone survey, a tool commonly used in market research to obtain primary source information. Findings – there are differences between households with and without children under 18 years old in the consumption and purchase habits of turkey and chicken meat. Instead, there is no difference in the image of both meats between the total of the sample and the households with children under 18 years old. Research limitations – we have not analysed the performance of these meats in relation to other types of meat. There- fore, it would be useful to have data on other meats in the future in order to make comparisons. Practical implications – the results of the research can be used to develop appropriate social responsibility strategies in the meat industry. Originality/Value – the point of view we provide is novel as we have not found comparable studies for these types of meat. Previously, the authors have analysed the children’s consumption of rabbit meat using a similar approach.
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Adam, Steve, e Joseph T. Hlady. "Data Is an Asset That Should Be Managed". In 2006 International Pipeline Conference. ASMEDC, 2006. http://dx.doi.org/10.1115/ipc2006-10500.

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Abstract (sommario):
Engineering data is often collected for a single purpose and then lost, corrupted, duplicated, or simply not accessible to all who may want to use it. The value of data often goes beyond its purchase and the result of the intended purpose. Access, security, and further leveraging data are but a few advantages to keeping data safe and sharing it. Furthermore, the amount of data on any project or within an enterprise will continue to grow at an alarming rate, hence the need for shifting our perception of data from expenditure to asset. Using methods such as Net Present Value, Return on Asset, and pay back, this paper will illustrate how data can be viewed as an asset rather than an expenditure. These valuations are not intended as accounting strategies, merely methods to illustrate how data shows asset characteristics. Ultimately, when data is seen as an asset, it is treated as such and stored and maintained in an information management system.
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Rapporti di organizzazioni sul tema "Purpose in purchase of securities"

1

Stroebel, Johannes, e John Taylor. Estimated Impact of the Fed's Mortgage-Backed Securities Purchase Program. Cambridge, MA: National Bureau of Economic Research, dicembre 2009. http://dx.doi.org/10.3386/w15626.

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2

Aparicio, Gabriela, Vida Bobić, Fernando De Olloqui, María Carmen Fernández Diez, María Paula Gerardino, Oscar A. Mitnik e Sebastian Vargas Macedo. Liquidity or Capital?: The Impacts of Easing Credit Constraints in Rural Mexico. Inter-American Development Bank, giugno 2021. http://dx.doi.org/10.18235/0003336.

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Abstract (sommario):
This paper evaluates the effectiveness of easing credit constraints for rural producers in Mexico through loans provided by a national public development finance institution. In contrast to most of the existing literature, the study focuses on the effect of medium-sized loans over a two- to four-year time horizon. This paper looks at the effects of such loans on production and investment decisions, input use, and yields. Using a multiple treatment methodology, it explores the differential impacts of providing liquidity for working capital versus providing credit for investments in fixed assets. It finds that loans increased the likelihood that producers grow and sell certain key annual crops, in particular among recipients of working capital loans. It also finds significant effects on production value and sales (per hectare), with similar impacts for recipients of both types of loans, with gains in yields driven by changes in labor quality and more intensive use of key inputs. There is no evidence of significant effects on the purchase of large machinery, but there are impacts on the acquisition of cattle. Overall, the results reported in this paper suggest that lack of liquidity is at least as important as lack of funding for new investment in capital for rural producers in Mexico. Producers benefit from easing their credit constraints, regardless of the type of loan used for that purpose.
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3

Syvash, Kateryna. AUDIENCE FEEDBACK AS AN ELEMENT OF PARASOCIAL COMMUNICATION WITH SCREEN MEDIA-PERSONS. Ivan Franko National University of Lviv, febbraio 2021. http://dx.doi.org/10.30970/vjo.2021.49.11062.

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Abstract (sommario):
Parasocial communication is defined as an illusory and one-sided interaction between the viewer and the media person, which is analogous to interpersonal communication. Among the classic media, television has the greatest potential for such interaction through a combination of audio and visual series and a wide range of television content – from newscasts to talent shows. Viewers’ reaction to this product can be seen as a defining element of parasociality and directly affect the popularity of a media person and the ratings of the TV channel. In this article we will consider feedback as part of parasocial communication and describe ways to express it in times of media transformations. The psychological interaction «media person – viewer» had been the focus of research by both psychologists and media experts for over 60 years. During the study, scientists described the predictors, functions, manifestations and possible consequences of paracommunication. One of the key elements of the formed parasocial connections is the real audience reaction. Our goal is to conceptualize the concept of feedback in the paradigm of parasocial communication and describe the main types of reactions to the media person in long-term parasocial relationships. The research focuses on the ways in which the viewer’s feedback on the television media person is expressed, bypassing the issue of classifying the audience’s feedback as «positive» and «negative». For this purpose, more than 20 interdisciplinary scientific works on the issue of parasocial interaction were analyzed and their generalization was carried out. Based on pre­vious research, the types and methods of feedback in the television context are separated. With successful parasocial interaction, the viewer can react in different ways to the media person. The type of feedback will directly depend on the strength of the already established communication with the media person. We distinguish seven types of feedback and divide them into those that occur during or after a television show; those that are spontaneous or planned; aimed directly at the media person or third parties. We offer the following types of feedback from TV viewers: «talking to the TV»; telling about the experience of parasocial communication to others; following on social networks; likes and comments; imitation of behavior and appearance; purchase of recommended brands; fanart.
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4

Payment Systems Report - June of 2020. Banco de la República de Colombia, febbraio 2021. http://dx.doi.org/10.32468/rept-sist-pag.eng.2020.

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Abstract (sommario):
With its annual Payment Systems Report, Banco de la República offers a complete overview of the infrastructure of Colombia’s financial market. Each edition of the report has four objectives: 1) to publicize a consolidated account of how the figures for payment infrastructures have evolved with respect to both financial assets and goods and services; 2) to summarize the issues that are being debated internationally and are of interest to the industry that provides payment clearing and settlement services; 3) to offer the public an explanation of the ideas and concepts behind retail-value payment processes and the trends in retail payments within the circuit of individuals and companies; and 4) to familiarize the public, the industry, and all other financial authorities with the methodological progress that has been achieved through applied research to analyze the stability of payment systems. This edition introduces changes that have been made in the structure of the report, which are intended to make it easier and more enjoyable to read. The initial sections in this edition, which is the eleventh, contain an analysis of the statistics on the evolution and performance of financial market infrastructures. These are understood as multilateral systems wherein the participating entities clear, settle and register payments, securities, derivatives and other financial assets. The large-value payment system (CUD) saw less momentum in 2019 than it did the year before, mainly because of a decline in the amount of secondary market operations for government bonds, both in cash and sell/buy-backs, which was offset by an increase in operations with collective investment funds (CIFs) and Banco de la República’s operations to increase the money supply (repos). Consequently, the Central Securities Depository (DCV) registered less activity, due to fewer negotiations on the secondary market for public debt. This trend was also observed in the private debt market, as evidenced by the decline in the average amounts cleared and settled through the Central Securities Depository of Colombia (Deceval) and in the value of operations with financial derivatives cleared and settled through the Central Counterparty of Colombia (CRCC). Section three offers a comprehensive look at the market for retail-value payments; that is, transactions made by individuals and companies. During 2019, electronic transfers increased, and payments made with debit and credit cards continued to trend upward. In contrast, payments by check continued to decline, although the average daily value was almost four times the value of debit and credit card purchases. The same section contains the results of the fourth survey on how the use of retail-value payment instruments (for usual payments) is perceived. Conducted at the end of 2019, the main purpose of the survey was to identify the availability of these payment instruments, the public’s preferences for them, and their acceptance by merchants. It is worth noting that cash continues to be the instrument most used by the population for usual monthly payments (88.1% with respect to the number of payments and 87.4% in value). However, its use in terms of value has declined, having registered 89.6% in the 2017 survey. In turn, the level of acceptance by merchants of payment instruments other than cash is 14.1% for debit cards, 13.4% for credit cards, 8.2% for electronic transfers of funds and 1.8% for checks. The main reason for the use of cash is the absence of point-of-sale terminals at commercial establishments. Considering that the retail-payment market worldwide is influenced by constant innovation in payment services, by the modernization of clearing and settlement systems, and by the efforts of regulators to redefine the payment industry for the future, these trends are addressed in the fourth section of the report. There is an account of how innovations in technology-based financial payment services have developed, and it shows that while this topic is not new, it has evolved, particularly in terms of origin and vocation. One of the boxes that accompanies the fourth section deals with certain payment aspects of open banking and international experience in that regard, which has given the customers of a financial entity sovereignty over their data, allowing them, under transparent and secure conditions, to authorize a third party, other than their financial entity, to request information on their accounts with financial entities, thus enabling the third party to offer various financial services or initiate payments. Innovation also has sparked interest among international organizations, central banks, and research groups concerning the creation of digital currencies. Accordingly, the last box deals with the recent international debate on issuance of central bank digital currencies. In terms of the methodological progress that has been made, it is important to underscore the work that has been done on the role of central counterparties (CCPs) in mitigating liquidity and counterparty risk. The fifth section of the report offers an explanation of a document in which the work of CCPs in financial markets is analyzed and corroborated through an exercise that was built around the Central Counterparty of Colombia (CRCC) in the Colombian market for non-delivery peso-dollar forward exchange transactions, using the methodology of network topology. The results provide empirical support for the different theoretical models developed to study the effect of CCPs on financial markets. Finally, the results of research using artificial intelligence with information from the large-value payment system are presented. Based on the payments made among financial institutions in the large-value payment system, a methodology is used to compare different payment networks, as well as to determine which ones can be considered abnormal. The methodology shows signs that indicate when a network moves away from its historical trend, so it can be studied and monitored. A methodology similar to the one applied to classify images is used to make this comparison, the idea being to extract the main characteristics of the networks and use them as a parameter for comparison. Juan José Echavarría Governor
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Financial Stability Report - September 2015. Banco de la República, agosto 2021. http://dx.doi.org/10.32468/rept-estab-fin.sem2.eng-2015.

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Abstract (sommario):
From this edition, the Financial Stability Report will have fewer pages with some changes in its structure. The purpose of this change is to present the most relevant facts of the financial system and their implications on the financial stability. This allows displaying the analysis more concisely and clearly, as it will focus on describing the evolution of the variables that have the greatest impact on the performance of the financial system, for estimating then the effect of a possible materialization of these risks on the financial health of the institutions. The changing dynamics of the risks faced by the financial system implies that the content of the Report adopts this new structure; therefore, some analyses and series that were regularly included will not necessarily be in each issue. However, the statistical annex that accompanies the publication of the Report will continue to present the series that were traditionally included, regardless of whether or not they are part of the content of the Report. In this way we expect to contribute in a more comprehensive way to the study and analysis of the stability of the Colombian financial system. Executive Summary During the first half of 2015, the main advanced economies showed a slow recovery on their growth, while emerging economies continued with their slowdown trend. Domestic demand in the United States allowed for stabilization on its average growth for the first half of the year, while other developed economies such as the United Kingdom, the euro zone, and Japan showed a more gradual recovery. On the other hand, the Chinese economy exhibited the lowest growth rate in five years, which has resulted in lower global dynamism. This has led to a fall in prices of the main export goods of some Latin American economies, especially oil, whose price has also responded to a larger global supply. The decrease in the terms of trade of the Latin American economies has had an impact on national income, domestic demand, and growth. This scenario has been reflected in increases in sovereign risk spreads, devaluations of stock indices, and depreciation of the exchange rates of most countries in the region. For Colombia, the fall in oil prices has also led to a decline in the terms of trade, resulting in pressure on the dynamics of national income. Additionally, the lower demand for exports helped to widen the current account deficit. This affected the prospects and economic growth of the country during the first half of 2015. This economic context could have an impact on the payment capacity of debtors and on the valuation of investments, affecting the soundness of the financial system. However, the results of the analysis featured in this edition of the Report show that, facing an adverse scenario, the vulnerability of the financial system in terms of solvency and liquidity is low. The analysis of the current situation of credit institutions (CI) shows that growth of the gross loan portfolio remained relatively stable, as well as the loan portfolio quality indicators, except for microcredit, which showed a decrease in these indicators. Regarding liabilities, traditional sources of funding have lost market share versus non-traditional ones (bonds, money market operations and in the interbank market), but still represent more than 70%. Moreover, the solvency indicator remained relatively stable. As for non-banking financial institutions (NBFI), the slowdown observed during the first six months of 2015 in the real annual growth of the assets total, both in the proprietary and third party position, stands out. The analysis of the main debtors of the financial system shows that indebtedness of the private corporate sector has increased in the last year, mostly driven by an increase in the debt balance with domestic and foreign financial institutions. However, the increase in this latter source of funding has been influenced by the depreciation of the Colombian peso vis-à-vis the US dollar since mid-2014. The financial indicators reflected a favorable behavior with respect to the historical average, except for the profitability indicators; although they were below the average, they have shown improvement in the last year. By economic sector, it is noted that the firms focused on farming, mining and transportation activities recorded the highest levels of risk perception by credit institutions, and the largest increases in default levels with respect to those observed in December 2014. Meanwhile, households have shown an increase in the financial burden, mainly due to growth in the consumer loan portfolio, in which the modalities of credit card, payroll deductible loan, revolving and vehicle loan are those that have reported greater increases in risk indicators. On the side of investments that could be affected by the devaluation in the portfolio of credit institutions and non-banking financial institutions (NBFI), the largest share of public debt securities, variable-yield securities and domestic private debt securities is highlighted. The value of these portfolios fell between February and August 2015, driven by the devaluation in the market of these investments throughout the year. Furthermore, the analysis of the liquidity risk indicator (LRI) shows that all intermediaries showed adequate levels and exhibit a stable behavior. Likewise, the fragility analysis of the financial system associated with the increase in the use of non-traditional funding sources does not evidence a greater exposure to liquidity risk. Stress tests assess the impact of the possible joint materialization of credit and market risks, and reveal that neither the aggregate solvency indicator, nor the liquidity risk indicator (LRI) of the system would be below the established legal limits. The entities that result more individually affected have a low share in the total assets of the credit institutions; therefore, a risk to the financial system as a whole is not observed. José Darío Uribe Governor
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