money called up for shares, but not paid at the correct time. The shares may be forfeited or a special calls in arrears account is established to debit the sums owing.
Household arrears on payment obligations are one of the most direct measures of household sector financial stress. In this paper a time series approach is used to model two of the key components of aggregate UK household arrears: those on mortgages and credit cards. Mortgages are the main component of...
This paper attempts to predict the incidence of arrears to the IMF by modifying and applying two of the major early warning systems for currency crises: the “signals” approach proposed by Kaminsky, Lizondo, and Reinhart (1997) and the probit-based alternative developed by Berg and Pattillo (1998). The results, based on...
LONDON (Reuters UK) - The Financial Services Authority has written to the chief executives of mortgage banks warning them to treat customers who go into arrears fairly, the watchdog said on Friday.In the letter the regulator said it expected the executives to review their current arrears policies, and asked them...
M2 PRESSWIRE-28 February 2008-WORLD BANK GROUP: The World Bank and Togo agree to the clearance of arrearsC1994-2008 M2 COMMUNICATIONS LTD RDATE:27022008 WASHINGTON -- The World Bank and the Republic of Togo today signed a Memorandum of Understanding MOU concerning the process of...
M2 PRESSWIRE-21 December 2004-WORLD BANK: IRAQ clears arrears to World BankC1994-2004 M2 COMMUNICATIONS LTD RDATE:12202004 WASHINGTON - The Republic of Iraq has cleared all overdue service payments to the International Bank for Reconstruction and Development IBRD as of December 16th, 2004....
The World Bank has granted early membership to Bosnia, approving a plan to clear its payment arrears to the bank of about $445m. No timing was specified, but once Bosnia becomes a member and clears its arrears, the World Bank will be able to expand its assistance through credits from...
Despite extensive deployment of IT to assist in the management of arrears and the collection of overdue revenue over the past five years, there is compelling evidence to suggest that the technology could be applied far more effectively. This white paper examines current technology usage; reviews the important results of...
M2 PRESSWIRE-23 June 1999-UN: Secretary-General welcomes action of United States Senate on partial payment of country's arrears to United Nations C1994-99 M2 COMMUNICATIONS LTD RDATE:220699 The following statement was issued today by the Spokesman for Secretary- General Kofi Annan: ...
Byline: Paul Stacey Mar 20, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO has been directed to issue a new assessment by the Administrative Appeals...
M2 PRESSWIRE-3 April 2008-WORLD BANK GROUP: US$308 Million Grant to Cte d'Ivoire Clears Arrears to the World Bank Group and Triggers Strong Re-engagementC1994-2008 M2 COMMUNICATIONS LTD RDATE:02042008 WASHINGTON -- The World Bank Board of Executive Directors approved a grant...
HARARE AFP — Zimbabwe has made a nine-million dollar payment to the International Monetary Fund IMF clearing long-outstanding arrears with the fund's general resources account and averting expulsion from the global lender, state television reported. "The latest development gives the government sufficient grounds to reclaim its voting rights with...
WASHINGTON AFP — Iraq has paid all its overdue service payments to the International Bank for Reconstruction and Development IBRD, making it elegible for new loans, the World Bank revealed. Iraq's arrears -- amounting to some 110 million dollars, of which approximately 53 million was overdue principal payments --...
LONDON (Reuters UK) - Lenders have agreed to wait three months before starting repossession proceedings against homeowners who have fallen into arrears on their mortgages, Chancellor Alistair Darling announced on Monday.In his pre-budget report, Darling also unveiled the creation of a new Lending Panel to improve monitoring of lending to...
ABUJA AFP — Nigerian President Umaru Yar'Adua Tuesday ordered the state-run oil firm NNPC to recover payment arrears of 1.91 billion dollars (1.22 billion euros) from Shell and ExxonMobil, a statement said. The sum represents outstanding payments on the Production Sharing Contracts PSC on the Bonga and Erha oilfields,...
Byline: Joseph Kerr Aug 30, 2006 (The Australian - ABIX via COMTEX) -- The Australian Taxation Office ATO will reduce the interest rate on tax arrears in lengthy audits. On 30 August 2006, tax commissioner Michael D'Ascenzo released new guidelines on the tax...
M2 PRESSWIRE-9 August 2001-WORLD BANK: Republic of Congo clears arrears to World Bank C1994-2001 M2 COMMUNICATIONS LTD RDATE:09082001 WASHINGTON -- The World Bank today announced that the Republic of Congo has cleared all its overdue service payments to IBRD and...
Shortly after I had completed my first interviews for this article, the telephones began to ring. There were calls to my home, calls to the offices of the Independent on Sunday; calls from interviewees, calls from their solicitors; even calls - and a 12-page letter to the editor - from...
Byline: Dawn Gibson Jun 05, 2006 (The West Australian - ABIX via COMTEX) -- Western Australia's Department of Housing & Works says rent arrears at public housing authority Homeswest have increased to $3.98m in 2005-06. Rent debts rose by 15 over the year and...
Byline: Dawn Gibson Jun 04, 2006 (The West Australian - ABIX via COMTEX) -- Western Australia's Department of Housing & Works says rent arrears at public housing authority Homeswest have increased to $3.98m in 2005-06. Rent debts rose by 15 over the year and...
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