Everyone considers the stock market as a short term money
making place which, in my opinion, can only be considered as a myth, as a lot of people have suffered huge losses following such an approach.
After dirty' money is sanitised' by passing it through the banking system, it is utilised for legitimate investments in the economy, concealing its origin.The term money
laundering' has its origins in the Italian Mafia and the underworld dealings of Al Capone in the US.
All formal and informal short term money
lending entities will soon be under control of the Central Bank of Kenya if MPs approve a Bill by Kesses MP Swarup Mishra.
'As a way of raising long term money
, they can issue bonds to support their growth,' Espenilla said.
The objective of the scheme is to offer clients with superior, risk adjusted returns over the long term by investing in medium to long term fixed income and short term money
Net interest income and income from Islamic financing and investing assets was marginally lower at Dh63.7 million compared to Dh66.9 million in the same period last year, primarily on account of significantly lower interest rates on short term money
market placements with local banks.
UnionJack1 The problem is the Government never invest enough long term money
to get organisations like the CSA up and running correctly.
The Bank of England introduced the loan offer in September to help ease the credit crunch in longer term money
It was a stupid assertion, because in the short term money
can do a great deal for happiness: from enabling you to afford a larger, softer, better bed with pillows stuffed with goose down rather than cotton buds, to flying Virgin Upper Class instead of Turkish cut-price economy.
Meanwhile, Reuters reports that new central bank guidelines on managing asset-liability mismatches of Indian banks will speed the creation of a term money
"Exim Bank had requested RBI for increasing the 'umbrella limit' (a short-term borrowings such as term deposits, term money
borrowings and commercial papers) as a part of the total borrowing limit prescribed by RBI under the Resource Raising Norms and relaxation of the leverage multiple of 10 times of the bank's net owned funds, for borrowings that can be raised by the Bank," he added.
The term money
laundering means any financial transaction, which generates an asset or a value as the result of an illegal act.