Specific rules for fiduciary accounts in indirect management

Specific rules for fiduciary accounts in indirect management

(b)separate blocks of finance or fiduciary accounts within an institution.

returns on resources of the financial instrument in the provisioning fund or in fiduciary accounts;

The accounting officer of the Commission shall lay down rules for the opening, management and closure of fiduciary accounts and their use.

The Bank may also receive voluntary contributions from its members, through fiduciary accounts.

Direct trust account investments, receive and record investment income and disburse trust funds.

Direct trust account investments, receive and record investment income and disburse trust funds.

Direct trust account investments, receive and record investment income and disburse trust funds.

IOGC is responsible for receiving, depositing and transferring the moneys into these accounts.

Also protects borrowers against abusive practices, such as kickbacks, and limits the use of escrow accounts.

Client funds are held in a segregated trust account with the Commonwealth Bank of Australia, separate from the company’s accounts and funds.

The Bank can also provide guarantees, grants and interest rates subsidies through fiduciary accounts.

The EIB shall set up two fiduciary accounts (one for projects under TEN-T, the other for projects under TEN-E) to hold the Union contributions and revenues resulting from the Union contributions.

fiduciary account opened in the name of the implementing body and on behalf of the managing authority or separate block of finance within a financial institution