Boockvar said that if China were to take such a daring step, it could ruin its chances of being accepted into the International Monetary Fund's basket of special drawing rights currencies — IMF -
issued reserve assets — in October 2016.
Not exact matches
Beyond the performance of the
assets in Temasek's portfolio, the market will likely be watching for the company's outlook after Singapore's GIC, which manages the city - state's foreign
reserves,
issued a cautious outlook on Monday.
For one, banks get zero interest on required
reserves — the
assets they must keep on hand to meet depository obligations — so no
issue there.
The past several years have featured little more than a gigantic
asset swap, the short description being that massive volumes of government debt have been swapped by central banks for massive volumes of idle bank
reserves, while massive volumes of low - yielding, covenant - lite debt have been
issued into the hands of yield - seeking investors, in order to retire massive volumes of corporate equities at elevated valuations through buybacks.
Issue guidance to interpret existing standards (eg IAS36 impairment of
assets; valuation of
reserves) so that preparers of reports and accounts consider the need to include information on the carbon viability of
reserves.
Although gas producers have an economic interest in maximizing
reserves estimates, I would be surprised if they haven't done a careful and cautious job in evaluating these same
issues prior to investing the billions of dollars required to develop these
assets.
Issue involved claimed failure to disclose value of oil and gas
reserves in North Sea and elsewhere, accounting treatment of various
assets, and proper accounting for
asset transfers.
Kyber claims to solve this
issue by introducing a new system for any user to trade any token instantly and completely securely with guaranteed liquidity, utilizing
reserve managers, who are incentivized by monetizing otherwise idle
assets.
As multifamily properties continue to be an investment
asset of choice in many parts of the country, lenders, investors and sellers should be mindful of these
issues and put in place sufficient capital
reserves to address these inevitable long - term maintenance
issues.