Foreign Exchange Controls definition

Foreign Exchange Controls. The PRC government still imposes exchange controls making it impossible to freely convert local currency into other currencies. The imposition of currency controls by the PRC government may negatively impact performance and liquidity in a Portfolio as capital may become trapped in the PRC. Investors may be adversely affected by movements of exchange rates between the RMB and other currencies: Where a Portfolio invests in RMB-denominated assets, currency risk arises where (i) an investor subscribes to Shares (denominated in a non-RMB currency) and the subscription monies (denominated in a non-RMB currency) are converted into RMB in order to make RMB-denominated portfolio investments, and (ii) RMB-denominated portfolio investments are liquidated and RMB funds are converted back into the relevant currency to pay redemption proceeds. The calculation of the Net Asset Value of any Class not denominated in RMB will also be adversely impacted by movements in the exchange rate between the RMB and the Base Currency of the Portfolio.
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Foreign Exchange Controls. Dividend Policy", "Exchange Rates", "Business", "Management", "Principal Shareholders", "Description of Capital Stock", and "Tax Considerations", to the extent such statements relate to matters of Dominican law or regulation or to the provisions of documents therein described, are true and accurate in all material respects and are confirmed as of each applicable Closing Date ; nothing has been omitted from such statements which would make the same misleading in any material respect;
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Foreign Exchange Controls. Management's Discussion and Analysis of Financial Condition and Results of Operations--Taxes," "Business--Legal Proceedings," "Telecommunications Regulations," "Management," "Principal and Selling Shareholders," "Certain Relationships and Transactions with Related Parties," "Description of Capital Stock," "Tax Considerations" and "Settlement on Delivery," in the Prospectus and Items 14 and 15 of Part II of the Registration Statement, insofar as such statements constitute summaries of legal matters arising under or documents governed by Polish law, fairly summarize the information relating thereto in all material respects; PROVIDED that such counsel may state that they express no opinion as to the reasonableness, completeness or fairness of those statements in the context of a Registration Statement or Prospectus used in the United States of America;
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Examples of Foreign Exchange Controls in a sentence

  • The Customer will obtain any approval as may be required from time to time pursuant to Foreign Exchange Controls for Malaysia which is determined by the Foreign Exchange Administration (FEA) Department of BNM.

  • The information in the Pricing Disclosure Package and in the Prospectus Supplement under "Enforcement of Civil Liabilities", "Banking Regulation", "Taxation - Certain Colombian Tax Considerations", “Risk Factors”, “Description of the Notes” and "Foreign Exchange Controls and Exchange Rates", and to the extent that it constitutes matters of law, the summaries of legal matters the Company’s charter or legal conclusions, has been reviewed by us and is accurate in all material respects.

Related to Foreign Exchange Controls

  • Foreign Exchange (FX) means a service whereby calls either originated by or delivered to a customer who has purchased FX service from the state or interstate tariffs of either Party. FX also includes, but is not limited to, FX-like services provided by either Party where calls are originated from and/or delivered to numbers which are assigned to a Rate Center within one local calling area but where the Party receiving the call is physically located outside of that local calling area. FX service can be either interLATA or intraLATA. InterLATA FX, where the originating and receiving parties are physically located in different LATAs, is considered equivalent to FGA and the intercarrier compensation mechanism is the same as FGA. IntraLATA FX, when provided by two or more local exchange carriers “LECs”, is considered a jointly provided service and meet-point billed by those providing it utilizing a mutually agreed to meet-point billing, or meet-point billing like procedure.

  • Foreign Exchange (FX) or “FX-like” Service means a retail service offering which allows FX End Users to obtain Exchange Service from a mandatory local calling area other than the mandatory local calling area where the FX End User is physically located, but within the same LATA as the number that is assigned. FX Service enables particular End Users to avoid what might otherwise be toll calls between the FX End User’s physical location and other End Users in the foreign exchange.

  • Exchange Contract means a contract for Commodity approved by SFC and the HKFE for trading on one of the markets from time to time established and operated by the HKFE which may result in a Futures Contract and/or an Options Contract.

  • Export Controls Software available on the Services is further subject to United States Export Controls. No software available on the Services may be downloaded or exported (i) into (or to a national or resident of) any country to which the United States has embargoed goods; or (ii) to anyone on the United States Treasury Department's list of Specially Designated Nationals or using the Commerce Department's Table of Deny Orders. By downloading any Software, you represent and warrant that you are not located in, or under the control of, or a national or resident of any such country or on any such list.

  • Consumer reporting agency means any person which, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages, in whole or in part, in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties, and which uses any means or facility for the purpose of preparing or furnishing consumer reports.