Schwarzman told CNBC that negative interest rates in Europe were making it increasingly difficult for financial institutions, such as insurance companies and depositaries, to make money.
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The software can help with European regulations such as the Alternative Investment Fund Managers Directive (AIFMD) and the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS), plus cash flow monitoring, restitution obligations and other such duties facing depositaries, as well as offering an audit trial and evidence of oversight.
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The EU will allow temporary, limited measures to ensure no immediate disruption in the central clearing of derivatives, central depositaries services for EU operators currently using UK operators, and for facilitating novation, for a fixed period of 12 months, of certain over-the-counter derivatives contracts, where a contract is transferred from a UK to an EU27 counterparty.
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However, given the currently modest available Tier 1 capital buffer of about RUB1.5bn (including unaudited profit for 2H15) and estimated net profit for the 9M16 of RUB2.1bn (this assumes a loan impairment charge of 99083% on other loans, comparable to those in 9M15, annualised) the bank will need at least RUB6bn of external capital by end-3Q16 to be able reserve loan to Transaero and securities held in foreign depositaries, as required.
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Euronext provides custody and settlement services through central securities depositaries (CSD) in Denmark, Norway and Portugal.
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Following independence in 1978, the Prime Minister of Tuvalu sent a note to the UNSC stating that: Since then, none of the depositaries for the BWC have received an instrument of accession or succession to the Convention from Tuvalu. However, the Government of Tuvalu has made statements suggesting that it does not consider itself a party to the treaty.
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In 1979, Kiribati gained their independence and subsequently the President of Kiribati sent a note to the UNSG stating that: Since then, none of the depositaries for the BWC have received an instrument of accession or succession to the Convention from Kiribati. However, the Government of Kiribati has made statements suggesting that it does not consider itself a party to the treaty.
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Euronext also provides technology and managed services to third parties. In addition to its main regulated market, it operates Euronext Growth and Euronext Access, providing access to listing for small and medium-sized enterprises. Euronext provides custody and settlement services through central securities depositaries (CSD) in Denmark, Norway and Portugal. Euronext's registered office and corporate headquarters are situated in Amsterdam and Greater Paris's La Défense district, respectively.
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The fontes cognoscendi (Latin: "sources of knowing") are depositaries in which we find collected the laws enacted in the course of centuries. They may also be considered as the channels through which the river and rivulets of legal enactment flow and are preserved. They do not constitute the law as such, but rather point out where it may be found. Among these sources are Holy Scripture and the decrees of popes and councils; also, in a measure, custom, inasmuch, namely, as it proves the existence and continuity of laws unwritten and perhaps forgotten.
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Chiefs were at once qualified for the highest grade, but ordinary members attained promotion only through initiatory rites. The Areois enjoyed great privileges, and were considered as depositaries of knowledge and as mediators between the common folk and the gods. They were also feared as ministers of the taboo and were entitled to pronounce a kind of excommunication for offences against its rules. The main purpose for the existence of this group was the worship of the generative powers of nature, and the ritual and ceremonies of initiation were grossly licentious.
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The sediments flowing into the lake are volcanic and become clay when introduced with water forming an impermeable layer of sediment throughout the lake. Navigation on the San Juan River and in Lake Nicaragua are affected by the progressive sedimentation of both water bodies. Navigation is also an important source of pollution of the water resources, due to the fact that boats are washed and serviced in both water bodies. The waterbodies have therefore become depositaries of hydrocarbon residue, agricultural chemicals, basic grains, and excrement from farm and domesticated animals that are transported on these bodies of water.
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The term source or fountain of canon law (fons juris canonici) may be taken in a twofold sense : a) as the formal cause of the existence of a law, and in this sense we speak of the fontes essendi (Latin: "sources of being") of canon law or lawgivers; b) as the material channel through which laws are handed down and made known, and in this sense the sources are styled fontes cognoscendi (Latin: "sources of knowing"), or depositaries, like sources of history.A COMMENTARY ON THE NEW CODE OF CANON LAW BY THE REV. P. CHAS. AUGUSTINE O.S.B., D.D., Volume I: Introduction and General Rules (can.
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The term source or fountain of canon law (fons iuris canonici) may be taken in a twofold sense : a) as the formal cause of the existence of a law, and in this sense we speak of the fontes essendi (Latin: "sources of being") of canon law or lawgivers; b) as the material channel through which laws are handed down and made known, and in this sense the sources are styled fontes cognoscendi (Latin: "sources of knowing"), or depositaries, like sources of history.A COMMENTARY ON THE NEW CODE OF CANON LAW BY THE REV. P. CHAS. AUGUSTINE O.S.B., D.D., Volume I: Introduction and General Rules (can.
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The first level with gift depositaries consisted in two main themes: the sword and the axe, outlining the role of the two weapons in the Intra-Carpathian warrior. The lance must have been yet another important weapon, but is a lesser find. The characteristics of the period are the bronze deposits at Apa, Satu Mare County (two swords, three war axes and a defense bracer), Ighiu, Alba County (two axes with spiked discs and four defense bracers) and at Săpânţa, Maramureș County (a spiked disc axe of type A2, exquisitely decorated, older than all the other pieces, spiral bracers, arm bands, and cordiform pendants). In the following stage, undecorated bronze items (single-edged axe and spiked disc axe), were produced and stored in ever increasing quantities.
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Halevi writes that as the Jews are the only depositaries of a written history of the development of the human race from the beginning of the world, the superiority of their traditions can not be denied. Halevi asserts that no comparison is possible between Jewish culture, which in his view is based upon religious truth, and Greek culture, which is based upon science only. He holds that the wisdom of Greek philosophers lacked that divine support with which the Israelite prophets were endowed. Had a trustworthy tradition that the world was created out of nothing been known to Aristotle, he would have supported it by at least as strong arguments as those advanced by him to prove the eternity of matter.
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The only non-UN states that undoubtedly meet the standard of statehood are the Cook Islands and Niue, who have had their "full treaty-making capacity" recognised by the United Nations Secretariat. Vatican City is also widely recognised as being able to legitimately ratify treaties, and has been granted non-member observer state status by the UN General Assembly. Following the UNGA passing a resolution granting non-member observer state status to the State of Palestine, the UNSG has begun to recognize its right to ratify treaties. Ratifications performed by other states with more limited recognition—such as the Republic of China (Taiwan); Kosovo; Northern Cyprus; Somaliland; the Sahrawi Arab Democratic Republic (Western Sahara); South Ossetia; Abkhazia; Transnistria; and Nagorno-Karabakh—have usually not been recognised by treaty depositaries as states that can ratify treaties, although there are some exceptions to this general rule.
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In the EU, a depositary is a financial institution which provides fiduciary/custodian services to Investment Funds authorised to trade in any EU jurisdiction as a UCITS or Alternative Investment Fund. Both the UCITS (2009/65/EC) Directive and AIFMD (2011/61/EU) Directives require that authorised investment funds have a depositary appointed to the fund to safekeep the assets of the fund (whether by taking them into custody, or record-keeping and verifying title of them) and oversee the affairs of the fund to ensure that it complies with obligations outlined in relevant laws and the fund’s constitutional documents. Depositaries have been subject to significantly increased regulation in the EU in recent years and the proposed “UCITS V” directive proposes to continue this trend by imposing a standard “strict” standard of depositary liability for the loss of fund assets, other than in certain circumstances.
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