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GE 94
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AOT zug / SWITzerland recovered document
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SDGSN-07112022.
SDGSN-07112022.
GE 94
The lack of visibility given to the counterparties by Gunvor is posing a major obstacle for an investor à la ADNOC to determine the group value. ● Gunvor USA has closed $1.45B “uncommitted” credit: an uncommitted facility loan that once signed, does not oblige the lenders to provide the funds to the borrower… previously it signed a near $1B in off-balance sheet financing facility. ● *****Muriel Anouk Scwab, CFO is on “sabbatical leave”. ● Gunvor Group poses substantial risks to the Swiss banking and financing sector: By the derivatives even if Gunvor survives, the debt to equity is now 11X. ● It is a less than $1B balance-sheet carrying billions of MTM derivatives contracts 84% of its cash is generated by a debt-inflow.
gunvor.pdf
gunvor.pdf
GE 94
This annual report of worldwide threats to the national security of the United States responds to Section 617 of the FY21 Intelligence Authorization Act (P.L. 116-260).
2022 Annual Threat Assessment
2022 Annual Threat Assessment
GE 94
JKM platts methodology
Platts LNG Derivatives Market-on-Close
Platts LNG Derivatives Market-on-Close
GE 94
FIS can use intelligence-gathering measures requiring authorisation according to the Law on the Intelligence Service.
57076
57076
GE 94
AOT’s complaint plausibly alleges that ADM violated the CEA by engaging in a scheme to manipulate the Chicago Benchmark Price. ADM has not demonstrated otherwise, and its motion to dismiss should be denied in its entirety.
Adm aot memo in opposition
Adm aot memo in opposition
GE 94
In three trading days BROYLES lost $3.6M. His losses accelerated the following week. On January 9 lost $2.2M and twice as much as on January 8. As his losses mounted, Smith tried to reach BROYLES on the morning of January 10. However BROYLES did not arrived until the afternoon and his portfolio lost more than $5.2 Million that day.
John Broyles v. J.P. Morgan
John Broyles v. J.P. Morgan
GE 94
example of fraudulent transactions
Zenrock Counterfeit Commodity Credit
Zenrock Counterfeit Commodity Credit
GE 94
Empfohlen
GOS
SDGSN-07112022.
SDGSN-07112022.
GE 94
The lack of visibility given to the counterparties by Gunvor is posing a major obstacle for an investor à la ADNOC to determine the group value. ● Gunvor USA has closed $1.45B “uncommitted” credit: an uncommitted facility loan that once signed, does not oblige the lenders to provide the funds to the borrower… previously it signed a near $1B in off-balance sheet financing facility. ● *****Muriel Anouk Scwab, CFO is on “sabbatical leave”. ● Gunvor Group poses substantial risks to the Swiss banking and financing sector: By the derivatives even if Gunvor survives, the debt to equity is now 11X. ● It is a less than $1B balance-sheet carrying billions of MTM derivatives contracts 84% of its cash is generated by a debt-inflow.
gunvor.pdf
gunvor.pdf
GE 94
This annual report of worldwide threats to the national security of the United States responds to Section 617 of the FY21 Intelligence Authorization Act (P.L. 116-260).
2022 Annual Threat Assessment
2022 Annual Threat Assessment
GE 94
JKM platts methodology
Platts LNG Derivatives Market-on-Close
Platts LNG Derivatives Market-on-Close
GE 94
FIS can use intelligence-gathering measures requiring authorisation according to the Law on the Intelligence Service.
57076
57076
GE 94
AOT’s complaint plausibly alleges that ADM violated the CEA by engaging in a scheme to manipulate the Chicago Benchmark Price. ADM has not demonstrated otherwise, and its motion to dismiss should be denied in its entirety.
Adm aot memo in opposition
Adm aot memo in opposition
GE 94
In three trading days BROYLES lost $3.6M. His losses accelerated the following week. On January 9 lost $2.2M and twice as much as on January 8. As his losses mounted, Smith tried to reach BROYLES on the morning of January 10. However BROYLES did not arrived until the afternoon and his portfolio lost more than $5.2 Million that day.
John Broyles v. J.P. Morgan
John Broyles v. J.P. Morgan
GE 94
example of fraudulent transactions
Zenrock Counterfeit Commodity Credit
Zenrock Counterfeit Commodity Credit
GE 94
European Banks lose appetite for commodity trade financing
European Banks lose appetite for commodity trade financing | Financial times
European Banks lose appetite for commodity trade financing | Financial times
GE 94
The FT has a political bias against PAP-Singapore.
Gunvor boss attacks loose lending practices in singapore (1)
Gunvor boss attacks loose lending practices in singapore (1)
GE 94
Tradeflow capital management pte risk report (1) USD Trade Flow Fund SP Cayman Islands, Grand Cayman in the worst case is an outright fraud and in your very best case leverage is 75:3
CEMP USD Trade Flow Fund SP Tradeflow capital management pte risk report (2)
CEMP USD Trade Flow Fund SP Tradeflow capital management pte risk report (2)
GE 94
Trade finance funds loaded up commodity-sector transactional financing in the recent years have stopped redemptions to the investors The damages have already been done. Some funds will cease unless they succeed to mash-out the losses into new funds. The reality contrasts very much with the portrait brushed by INOKS and Scipion in trade finance.
Trade finance funds loaded up commodity sector transactional financing in the...
Trade finance funds loaded up commodity sector transactional financing in the...
GE 94
Shifting positions in the WTI and market manipulation
Bao versus WTI: Shifting positions in the WTI and market manipulation
Bao versus WTI: Shifting positions in the WTI and market manipulation
GE 94
According to the Chinese Dao "reality is built from the beating of opposites". We can't fully comprehend the ocean of mysteries in the Hin Leong affair unless we understand "who hold the bag": the bigger risk, in all this is the banks.
Hin leong trading financial statements (unaudited) (1)
Hin leong trading financial statements (unaudited) (1)
GE 94
cotton trading is dying
International Cotton Trading
International Cotton Trading
GE 94
SAT SWISS AGRI TRADING S.A bei BVC
Banque Cantonale Vaudoise Pamplet Sat Swiss Agri Trading S.A
Banque Cantonale Vaudoise Pamplet Sat Swiss Agri Trading S.A
GE 94
CIP is a cornerstone principle in international finance. First described by John Maynard Keynes in 1923, the idea that FX forward rates must reflect interest rate differentials between currencies has long been considered one of the best tested theories in financial economics. If a market participant is willing to swap a higher yielding currency for a lower yielding currency over some time horizon, he must be compensated for the difference in yield via an adjusted forward price. Otherwise an arbitrage opportunity arises until prices and interest rates align again. The financial crisis and direct aftermath revealed cracks in the armour of CIP. In a market environment with scarce liquidity and high credit risks in forward markets, dealers were constrained in their ability to profit from what was previously regarded as an almost risk-free arbi¬trage trade. But as conditions in financial markets slowly normalised after the crisis, CIP deviations remained and cross-currency basis never returned to its pre-crisis levels. After narrowing for some time, it started to widen again across most G10 pairs since approximately 2015. Increasingly, FX forward markets seemingly do not reflect what would be expected given the observed interest rate differentials. Figure 1 illustrates these dynamics by depicting the magnitude of G10 cross-currency basis over time for an exemplary three-month tenor.
Covered interest parity a law of nature in currency markets
Covered interest parity a law of nature in currency markets
GE 94
La région lémanique est l’un des sites les plus importants au monde pour le commerce des matières premières. L’importance économique du secteur des matières premières sur les rives du Léman est considérable. Sept des dix premières entreprises suisses en termes de chiffre d’affaires sont issues de ce secteur ou y sont fortement liées. Cinq d’entre elles (dont Vitol, Trafigura et Cargill) sont basées à Genève, et une (Nestlé) à Vevey. Près de deux tiers de toutes les entreprises de matières premières en Suisse se trouvent dans les cantons de Genève et de Vaud. L’industrie des matières premières ne comprend pas seulement des sociétés de négoce, mais intègre également des entreprises de secteurs qui y sont fonctionnellement liées comme les banques, les compagnies d’assurance, les compagnies de navigation et les groupes d’inspection de marchandises. Selon les estimations| 1, ce cluster génère plusieurs milliers d’emplois à Genève – dont un grand nombre de salariés hautement qualifiés – et 20% des recettes fiscales des personnes morales selon l’administration cantonale. La région lémanique est le leader mondial du négoce physique de matières premières (voir figure), du financement du commerce et de l’inspection des marchandises. 22% des transports globaux de matières premières sont organisés depuis la région.
Les moteurs economiques discret du lac leman
Les moteurs economiques discret du lac leman
GE 94
Bern, 30.11.2018 The Swiss commodities sector: current situation and outlook Federal Council report SECO - State Secretariat for Economic Affairs
Federal Council Report The Swiss Commodities Sector
Federal Council Report The Swiss Commodities Sector
GE 94
top secret the swiss files
Iran sanctions: Banks
Iran sanctions: Banks
GE 94
art lending
Art Lending Banque Reyl
Art Lending Banque Reyl
GE 94
glencore
Chemoil glencore violations of the Rin program
Chemoil glencore violations of the Rin program
GE 94
Glencore results
Glencore 2017-Financial results ...
Glencore 2017-Financial results ...
GE 94
GLencore
United states sanctions human rights abusers and corrupt actors across the globe
United states sanctions human rights abusers and corrupt actors across the globe
GE 94
OFFICE OF FOREIGN ASSETS CONTROL DIRECTIVE 4 (AS AMENDED ON OCTOBER 31, 2017) 1 UNDER EXECUTIVE ORDER 13662
Eo13662 directive4 20171031
Eo13662 directive4 20171031
GE 94
Gkele glencore
Glencore Ltd RIN violations tati
Glencore Ltd RIN violations tati
GE 94
Gerald Metals letter
Gerald metals letter sent to the banks
Gerald metals letter sent to the banks
GE 94
"The Gerald Group will rapidly ramp upthis business unit and handle more than 10 million tonnes of iron ore as well as transact significant quantities of steel and other steel-making raw materials". “This merger perfectly complements our current expansion strategy and will contribute to the strong growth which is already underway in our merchanting, derivatives, and structured financing businesses around the world". - Craig Dean, CEO and President of The Gerald Group
Gerald Group merger
Gerald Group merger
GE 94
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European Banks lose appetite for commodity trade financing
European Banks lose appetite for commodity trade financing | Financial times
European Banks lose appetite for commodity trade financing | Financial times
GE 94
The FT has a political bias against PAP-Singapore.
Gunvor boss attacks loose lending practices in singapore (1)
Gunvor boss attacks loose lending practices in singapore (1)
GE 94
Tradeflow capital management pte risk report (1) USD Trade Flow Fund SP Cayman Islands, Grand Cayman in the worst case is an outright fraud and in your very best case leverage is 75:3
CEMP USD Trade Flow Fund SP Tradeflow capital management pte risk report (2)
CEMP USD Trade Flow Fund SP Tradeflow capital management pte risk report (2)
GE 94
Trade finance funds loaded up commodity-sector transactional financing in the recent years have stopped redemptions to the investors The damages have already been done. Some funds will cease unless they succeed to mash-out the losses into new funds. The reality contrasts very much with the portrait brushed by INOKS and Scipion in trade finance.
Trade finance funds loaded up commodity sector transactional financing in the...
Trade finance funds loaded up commodity sector transactional financing in the...
GE 94
Shifting positions in the WTI and market manipulation
Bao versus WTI: Shifting positions in the WTI and market manipulation
Bao versus WTI: Shifting positions in the WTI and market manipulation
GE 94
According to the Chinese Dao "reality is built from the beating of opposites". We can't fully comprehend the ocean of mysteries in the Hin Leong affair unless we understand "who hold the bag": the bigger risk, in all this is the banks.
Hin leong trading financial statements (unaudited) (1)
Hin leong trading financial statements (unaudited) (1)
GE 94
cotton trading is dying
International Cotton Trading
International Cotton Trading
GE 94
SAT SWISS AGRI TRADING S.A bei BVC
Banque Cantonale Vaudoise Pamplet Sat Swiss Agri Trading S.A
Banque Cantonale Vaudoise Pamplet Sat Swiss Agri Trading S.A
GE 94
CIP is a cornerstone principle in international finance. First described by John Maynard Keynes in 1923, the idea that FX forward rates must reflect interest rate differentials between currencies has long been considered one of the best tested theories in financial economics. If a market participant is willing to swap a higher yielding currency for a lower yielding currency over some time horizon, he must be compensated for the difference in yield via an adjusted forward price. Otherwise an arbitrage opportunity arises until prices and interest rates align again. The financial crisis and direct aftermath revealed cracks in the armour of CIP. In a market environment with scarce liquidity and high credit risks in forward markets, dealers were constrained in their ability to profit from what was previously regarded as an almost risk-free arbi¬trage trade. But as conditions in financial markets slowly normalised after the crisis, CIP deviations remained and cross-currency basis never returned to its pre-crisis levels. After narrowing for some time, it started to widen again across most G10 pairs since approximately 2015. Increasingly, FX forward markets seemingly do not reflect what would be expected given the observed interest rate differentials. Figure 1 illustrates these dynamics by depicting the magnitude of G10 cross-currency basis over time for an exemplary three-month tenor.
Covered interest parity a law of nature in currency markets
Covered interest parity a law of nature in currency markets
GE 94
La région lémanique est l’un des sites les plus importants au monde pour le commerce des matières premières. L’importance économique du secteur des matières premières sur les rives du Léman est considérable. Sept des dix premières entreprises suisses en termes de chiffre d’affaires sont issues de ce secteur ou y sont fortement liées. Cinq d’entre elles (dont Vitol, Trafigura et Cargill) sont basées à Genève, et une (Nestlé) à Vevey. Près de deux tiers de toutes les entreprises de matières premières en Suisse se trouvent dans les cantons de Genève et de Vaud. L’industrie des matières premières ne comprend pas seulement des sociétés de négoce, mais intègre également des entreprises de secteurs qui y sont fonctionnellement liées comme les banques, les compagnies d’assurance, les compagnies de navigation et les groupes d’inspection de marchandises. Selon les estimations| 1, ce cluster génère plusieurs milliers d’emplois à Genève – dont un grand nombre de salariés hautement qualifiés – et 20% des recettes fiscales des personnes morales selon l’administration cantonale. La région lémanique est le leader mondial du négoce physique de matières premières (voir figure), du financement du commerce et de l’inspection des marchandises. 22% des transports globaux de matières premières sont organisés depuis la région.
Les moteurs economiques discret du lac leman
Les moteurs economiques discret du lac leman
GE 94
Bern, 30.11.2018 The Swiss commodities sector: current situation and outlook Federal Council report SECO - State Secretariat for Economic Affairs
Federal Council Report The Swiss Commodities Sector
Federal Council Report The Swiss Commodities Sector
GE 94
top secret the swiss files
Iran sanctions: Banks
Iran sanctions: Banks
GE 94
art lending
Art Lending Banque Reyl
Art Lending Banque Reyl
GE 94
glencore
Chemoil glencore violations of the Rin program
Chemoil glencore violations of the Rin program
GE 94
Glencore results
Glencore 2017-Financial results ...
Glencore 2017-Financial results ...
GE 94
GLencore
United states sanctions human rights abusers and corrupt actors across the globe
United states sanctions human rights abusers and corrupt actors across the globe
GE 94
OFFICE OF FOREIGN ASSETS CONTROL DIRECTIVE 4 (AS AMENDED ON OCTOBER 31, 2017) 1 UNDER EXECUTIVE ORDER 13662
Eo13662 directive4 20171031
Eo13662 directive4 20171031
GE 94
Gkele glencore
Glencore Ltd RIN violations tati
Glencore Ltd RIN violations tati
GE 94
Gerald Metals letter
Gerald metals letter sent to the banks
Gerald metals letter sent to the banks
GE 94
"The Gerald Group will rapidly ramp upthis business unit and handle more than 10 million tonnes of iron ore as well as transact significant quantities of steel and other steel-making raw materials". “This merger perfectly complements our current expansion strategy and will contribute to the strong growth which is already underway in our merchanting, derivatives, and structured financing businesses around the world". - Craig Dean, CEO and President of The Gerald Group
Gerald Group merger
Gerald Group merger
GE 94
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European Banks lose appetite for commodity trade financing | Financial times
European Banks lose appetite for commodity trade financing | Financial times
Gunvor boss attacks loose lending practices in singapore (1)
Gunvor boss attacks loose lending practices in singapore (1)
CEMP USD Trade Flow Fund SP Tradeflow capital management pte risk report (2)
CEMP USD Trade Flow Fund SP Tradeflow capital management pte risk report (2)
Trade finance funds loaded up commodity sector transactional financing in the...
Trade finance funds loaded up commodity sector transactional financing in the...
Bao versus WTI: Shifting positions in the WTI and market manipulation
Bao versus WTI: Shifting positions in the WTI and market manipulation
Hin leong trading financial statements (unaudited) (1)
Hin leong trading financial statements (unaudited) (1)
International Cotton Trading
International Cotton Trading
Banque Cantonale Vaudoise Pamplet Sat Swiss Agri Trading S.A
Banque Cantonale Vaudoise Pamplet Sat Swiss Agri Trading S.A
Covered interest parity a law of nature in currency markets
Covered interest parity a law of nature in currency markets
Les moteurs economiques discret du lac leman
Les moteurs economiques discret du lac leman
Federal Council Report The Swiss Commodities Sector
Federal Council Report The Swiss Commodities Sector
Iran sanctions: Banks
Iran sanctions: Banks
Art Lending Banque Reyl
Art Lending Banque Reyl
Chemoil glencore violations of the Rin program
Chemoil glencore violations of the Rin program
Glencore 2017-Financial results ...
Glencore 2017-Financial results ...
United states sanctions human rights abusers and corrupt actors across the globe
United states sanctions human rights abusers and corrupt actors across the globe
Eo13662 directive4 20171031
Eo13662 directive4 20171031
Glencore Ltd RIN violations tati
Glencore Ltd RIN violations tati
Gerald metals letter sent to the banks
Gerald metals letter sent to the banks
Gerald Group merger
Gerald Group merger
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Covid has drastically changed the way people work. Nowadays, many individuals can work wherever and whenever they prefer. However, this shift requires a different strategy for securing your environment. By adopting the Zero Trust principles, based on the 'Never Trust, Always Verify' mindset, you can mitigate these new risks. This session will delve into the concept and provide examples of how various HCL products can fit into this framework, particularly when it comes to building a central user repository and securing your email message flow.
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
Roland Driesen
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