Balance on goods and services


 

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Balance on goods and services

Netting of transaction balances, including the net amount of payments of interest and dividends to foreign investors and investments, as well as receipts and payments resulting from international tourism.



Balance on goods and services

Similar Matches

General Agreement on Trade in Services

General Agreement on Trade in Services

The agreement, negotiated in the Uruguay Round that brings international trade in services into the WTO. It provides for countries to provide national treatment to foreign service providers and for them to select and negotiate the service sectors to be covered under GATS.


Financial Services Act 1986

Financial Services Act 1986

A Government Act introduced primarily to provide increased protection for investors and to regulate investment business conducted in the UK.


Concentration services

Concentration services

Movement of cash from different lockbox locations into a single concentration account from which disbursements and investments are made.


Information services

Information services

Organizations that furnish investment and other types of information, such as information that helps a firm monitor its cash position.


Financial Services Authority

Financial Services Authority

The replacement regulating body for the Securities and Investments Board (SIB). The FSA, which came into being on 28th October 1997, carries all regulatory responsibilities for the UK financial services industry. The overall broad objectives are:the protection of consumers of financial servicesthe promotion of clean and orderly marketsthe maintenance of confidence in the financial services systemIt is a criminal offence to conduct investment business without authorisation, and the FSA is empowered to prosecute those who break this rule. A Central Register is held which lists firms with authorisation.


Further Suggestions

Short term investment services
Tax preparation services
Nonfinancial services
Headquarters services
Trade in services
Bankers Automated Clearing Services
Financial Services Compensation Scheme
Fiscal agency services


 
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