Current Developments in Monetary and Financial Law, Volume 3
International Monetary Fund, 2005 - Business & Economics - 995 pages
The Legal Department and the Institute of the IMF held their eighth biennial seminar for legal advisers of central banks of member countries on May 7-17, 2000. The papers presented in this volume are based on presentations made by the seminar participants. The seminar covered a broad range of topics, including activities of the IMF and other international financial institutions, sovereign debt restructuring, the architecture of the international financial system, and money laundering and the financing of terrorism. In addition, participants addressed the role of central banks, payment systems, securities, technology in the financial sector, and monetary arrangements.
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DEVELOPMENTS IN OTHER INTERNATIONAL
Recent Developments at the InterAmerican Development
Recent Developments at the International Finance
A New Approach to Sovereign Debt Restructuring
Collective Action Clauses in International Sovereign Bonds
Why a Special Regime for Banks?
The Role of Supervisory Authorities in Connection with
Controlling Systemic Risk in an Era of Financial
Risks and Developments in Payment Systems
Its Conceptual Unity with Other
The Use of Contractual Structures to Create International
Why Is There So Much Disagreement About the IMF
Development of International Standards of Security Interests
Legal Aspects of the Financial Sector Assessment Program
International ReservesLegal Aspects of Concept and Usage
The Methodology for Assessing Compliance with Anti
Combating Money Laundering and Terrorism Financing
Money Laundering Countermeasures with Primary Focus
The Impact of the USA PATRIOT Act of 2001
Relative Autonomy of the Central Bank
Frameworks for the Resolution of GovernmentCentral Bank
Supervisory Boards in Some Central Banks
Profits Dividends and CapitalConsiderations for Central
Restoring and Transforming Payment and Banking Systems
The Legal Requirements for Creating Secure and Enforceable
New Developments and Regulatory
Whats in It or Not for the Issuing
Use of a Foreign Currency Under the IMFs Articles
A Comparative Perspective
Regulatory Aspects of the Draft Hague Convention on
Current Developments Regarding the WTO Financial
Mone Laundering and Terrorism Financing
Model Statutory Language for Emergency Liquidity
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action activities adopted Articles of Agreement assessment assets authorities bank mergers bank's bondholders capital central bank Citigroup collective action clauses conflict Convention cooperation Council countries court Covenant creditors criminal currency debt debtor decision deposit insurance discussed documents e-money E-SIGN economic effect electronic signature enforcement ensure established example exchange rate Executive Board FATF Federal financial institutions financial system Financing of Terrorism foreign framework GATT Hawala IADB IMF's Articles implementation insider trading International Monetary Fund issuer issues jurisdiction LCBOs legislation liquidity loans major measures ment monetary policy money laundering obligations operations organizations participants parties payment system procedures regulators regulatory reserves restrictions restructuring risk role rules SDRM Section sector security interests settlement sovereign bonds staff standards supervisory supra note terrorist tion transactions transfer UETA United USA PATRIOT Act World Bank
Page 25 - To give confidence to members by making the general resources of the Fund temporarily available to them under adequate safeguards, thus providing them with opportunity to correct maladjustments in their balance of payments without resorting to measures destructive of national or International prosperity.
Page 34 - Such obligations derive, for example, in contemporary international law, from the outlawing of acts of aggression, and of genocide, as also from the principles and rules concerning the basic rights of the human person, including protection from slavery and racial discrimination.
Page 3 - Everyone, as a member of society, has the right to social security and is entitled to realization, through national effort and international co-operation and in accordance with the organization and resources of each State, of the economic, social and cultural rights indispensable for his dignity and the free development of his personality.
Page 33 - ... violence to life and person, in particular murder of all kinds, mutilation, cruel treatment and torture; (b) taking of hostages; (c) outrages upon personal dignity, in particular humiliating and degrading treatment; (d) the passing of sentences and the carrying out of executions without previous judgment pronounced by a regularly constituted court, affording all the judicial guarantees which are recognized as indispensable by civilized peoples.