Traduction de «Index-linked note » (Anglais → Français) :

For the party who transfers credit risk (the protection buyer), the positions are determined as the mirror principle of the protection seller, with the exception of a credit linked note (which entails no short position in the issuer).

The measure under scrutiny concerns aws’s 50% participation in the third tranche of a portfolio of Credit Linked Notes (CLN) based on bonds issued by the enterprises, i.e. 10% of the total bond portfolio.

In addition to a long position in the specific risk of the issuer of the note, a multiple name credit linked note providing proportional protection creates a position in each reference entity, with the total notional amount of the contract assigned across the positions according to the proportion of the total notional amount that each exposure to a reference entity represents.

Where the credit linked note has an external rating and meets the conditions for a qualifying debt item, a single long position with the specific risk of the note need only be recorded.

A single name credit linked note creates a long position in the general market risk of the note itself, as an interest rate product.

Recalling the European Union Drugs Strategy 2000 - 2004 and the Action Plan on Drugs 2000 - 2004, as well as the Implementation paper on demand and supply reduction to deliver the EU Drugs Action Plan, in particular section 14.1; Conscious of the advances made in implementing the Strategy and Action Plan and also conscious of the fact that much work remains to be done in order to achieve the objectives; Noting that cannabis ranks first in terms of the quantity, the number of seizures and drug law offences reported within the European Union; Concerned about the role of organised crime in the large-scale trafficking of cannabis towards ...[+++]and within the European Union; Noting that cannabis continues to be the illegal substance most commonly used in all Member States and that its use is increasing in most countries across the European Union, especially among young people; Concerned about the changes in patterns of use, towards more frequent and regular use, and also concerned about the steady increase in cannabis-related demand for treatment; Concerned about very high THC (tetrahydrocannabinol) content found in cannabis seized in Europe and noting the need for research on the health effects of this rise; Conscious of the advances in the science of cannabis during the last decade, there is still need for further research in order to obtain a better understanding of how cannabis affects the brain and concerned about the effects that the increased use of cannabis among the very young might have on vital social and cognitive functions, such as concentration and attention as well as the ability to learn and sort information and also concerned about any links between cannabis use and mental health problems such as anxiety and depression; Concerned that the perceived risk of harm from the use of cannabis might be falling among young people;