A dealer has been asked by a broker to go to an exclusive club for the third time in a week. He should:
Agree. Entertainment is a normal part of business.
Refuse. This entertainment is excessive in value and frequency.
Agree but insist on paying halt the cost.
Refuse. Going back to the same club is clearly excessive entertainment.
The use of off-market rates is discouraged and should be permitted only:
When the bank’s income is secured on the trade.
If the unsecured credit is taken into account.
It the bank knows the customer very well.
When there are written procedures and policies for such transactions.
Dealers are allowed to trade for their own account if:
The dealers have good track records in their dealing both for the institution and for themselves.
There has been no previous conflicts of interest in the dealing room.
There is a clearly laFd down policy.
The dealers see no conflict of Interest in such dealing.
When a stop-loss/profit order is taken, the rate specified in the order:
Must be transacted regardless of where the market moved.
Must be transacted if a broker confirms that the rate specified was reached.
Cannot be taken as a fixed-price guarantee.
None of the above.
The use of mobile phones from within the dealing room for transacting business:
Is not considered good practice.
Is accepted in case of direct deal input into the bank’s system.
Is accepted for senior dealers.
Is accepted for hedging transactions.
When a broker makes an error on payment instructions The Model Code recommends that
The broker remains liable for the resulting difference for 3 full business days following the date of the transaction.
The broker remains liable until the error is discovered.
The broker is not liable at all.
The broker’s liability should be limited as he is not in a position to directly rectify the situation.
Under the Model Code, it a broker shouts “done” or “mine” at the very moment a dealer shouts “off”:
No deal is done.
The deal is done.
It should be resolved in consultation with senior management.
The central bank should be consulted.
Market participants should, where activity justifies it, aim to reduce settlement and related credit risk on currency transactions by:
Establishing realistic daylight limits for counterparties.
Monitoring all payments to counterparties who are known to be experiencing difficulties.
Establishing legally binding bilateral netting agreements with counterparties or participating in a multilateral netting system.
What does the Model Code say about the responsibility of a broker in handling suspicious transactions?
Suspicious transactions should be reported by the principals.
Brokers need to make staff aware of the problem and exercise vigilance.
A broker should report any suspicions about a transaction to the other counterparty.
Brokers should advise clients to reject the name.
A person who appears to be a technician asks for your help in accessing treasury systems as he has forgotten his list of access codes. The Model Code recommends:
You should provide all reasonable assistance.
You should report the request immediately to senior management.
Do not get involved; you may be at risk.
There is no recommendation in the Model Code.
One or your brokers asks you to buy and sell EUP/USD at the same price net of brokerage in order to allow him to clear a transaction.
You must have prior senior management approval.
You must have the authority to switch names.
You must execute such transactions as promptly as possible within policy guidelines
All of the above.
It is up to the vendors of electronic dealing platforms to ensure that dealers are trained to use their systems.
Management should ensure dealers fully understand the systems they use and dealers should read the manuals.
Management, dealers and vendors share responsibility.
Dealers are required to pass the ACI Dealing Certificate before being allowed to access electronic dealing platforms.
Given the wide range of electronic dealing platforms used by banks, it is the responsibility of the vendors to ensure individual users are adequately trained.
When using legal documentation proposed modifications:
Should be documented as soon as possible after a deal is done.
Should be clearly stated before a deal.
Can be agreed verbally.
Are not permissible.
What are IMM dates?
The 10th of March, June, September and December.
The third Wednesdays of January, April, July and October.
The Mondays before the third Wednesdays of March, June, September and December.
The third Wednesdays of March, June, September and December.
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These women are desirable, bold and dusky. they have got a solar kissed dermis tone that units them apart. we've loads of actresses who look fair as white and a lot of a instances light, there are some who supply two hoods about their white counterparts and love themselves for being brown. while there are many people who have a traditional idea of ladies being relatively best when they are fair, there are these stunning women who have a devil may additionally care angle. That makes us love them extra. Let’s have a glance on the most captivating dusky actresses of Bollywood.Priyanka Chopra
now not most effective did Priyanka Chopra establish the air of secrecy of her attractiveness via winning the coveted pass over World title, this dusky elegance falls in the league of the first-rate actresses of Bollywood alongside faces like Katrina Kaif and Kareena Kapoor. She has also dependent herself as a ambitious actor and never simply a beautiful face. although she has outlined in some of her outdated interviews that there have been administrators who didn’t forged in movies only as a result of her epidermis color, she has certainly not let that break her spirit and has been the reigning queen of Bollywood for a long time!Chitrangada Singh
She is our personal favourite, now not simply ours however the whole worlds’! She is just so stunning! 37 and a mom and nonetheless so drop lifeless beautiful! How? a lot of her splendor is attributed to her skin tone, honey coloured epidermis that compliments her aspects perfectly! She may additionally no longer have a extremely enviable career graph however who cares when it's Chitrangada Singh? She leaves us mesmerized every and each time! we love you Chitrangada!Smita Patil
What can we perhaps tell in regards to the finest actress of Bollywood? She changed into one of the very first humans to lift her dusky skin tone with out a fear and regrets and boy what a very good job she did at that. She dominated over the field-office and became additionally the properly alternative when it got here to parallel cinema. She set the fashion of darkish Is pleasing.Bipasha Basu
Her physique is enough to depart us awe-struck, delivered to it's a depressing skin tone. basically she loves her dermis tone and is so captivated with it that she in fact gets her make up two tones darker than her truly colour. Now that’s whatever thing definitely inspiring, so all of the dusky girls out there, you have got got your function model, haven’t you?Deepika Padukone
great facets, even improved body and the superior color of dusky epidermis tone. What else may she ask for? This damsel is ultra attractive and she or he knows it.Deepika can pull off any form of outfit be it desi or western with that dermis tone of hers and make it look extremely glam! This woman gets a thumbs up for her wonderful dusky dermis from us!Malaika Arora
The queen of item songs has to be certain that she appears sexy and the way does be read 3I0-012y to look uber attractive in each of her songs? Say hi there to her gorgeous skin tone for that. She may also not be the prettiest lady in Bollywood but she really is available in essentially the most horny brigade, all thanks to her determine and skin colour!Lara Dutta
She wouldn’t be crowned miss World, if she wasn’t wonderful and she wouldn’t be so adored if it wasn’t for her color. She is so different searching. not like the general, huge eyes, consider lips, sharp nostril beauty. She is unconventionally and duskily attractive! Adjectives fall brief after we discuss her.
Dalesman has been named Yorkshire’s optimum magazine 2016 at a prestigious awards ceremony, with judges asserting it holds “a distinct area in people’s hearts”.
The magazine picked up the award at this yr’s O2 Yorkshire Media Awards in Leeds.
The judges’ citation read 3I0-012: “The Dalesman is the ultimate aggregate of beneficial counsel and take a smash study 3I0-012ing. The conception of a journal that celebrated its patch became respectable when the journal became launched and continues to be respectable these days. A magazine with a distinct location in people’s hearts.”
offering the award, host Louise Minchin, from BBC Breakfast, spoke of: “it is small in size…and getting on in years – with classified columns promoting ancient gramophone statistics and old Meccano – and wager what…? The panel fully adored it.”
“the place else, they stated, are you able to read 3I0-012 the day by day diary of a farmer’s wife, discover a route map for a nation-state stroll, and luxuriate in short stories from one of the most nation’s most enormously respected authors?”
Dalesman editor Adrian Braddy bought the award at the ceremony, held this 12 months at Northern Ballet.
other large winners blanketed the Yorkshire evening submit, which became named greatest each day Newspaper and Calendar presenter Christine Talbot, who become named tv journalist of the yr.
appear North’s Harry Gration, who has additionally written always for Dalesman over the closing twelve months, collectively bought the O2 Stand Out award with Paul Hudson, for the pair’s epic fundraising walk in aid of game relief.
Harry Gration mentioned afterwards: “I can not think about life devoid of the Dalesman each month. The O2 award is so deserved because it shows that the spirit of bill Mitchell lives on with the brand new editor and his amazing writers.”
Awards had been introduced with the aid of personalities and individuals of the community who had featured in media experiences during the year including GB Olympic and Paralympic heroes Jack Laugher, Rebecca Gallantree and Hannah Cockroft in addition to Emmerdale celebrity Isabel Hodgins and pride of england winner Bailey Matthews.
Nicola green, Director of Communications and reputation at sponsors O2 UK, pointed out the awards had produced extremely good examples of regional journalism in what had been a memorable yr. “O2 is proud to be linked to these awards which showcase the best possible examples of local and regional journalism,” she delivered. The awards, now of their ninth year, are a get together of journalism throughout broadcast, print and digital media in Yorkshire and the Humber.This entry turned into posted in Featured - home, news/weblog. Bookmark the permalink. ← A celebration of Acclaimed Aviator Amy Johnson