Sentence examples for existence of assets from inspiring English sources

"It is alarming that the department should be unaware of the location, usability or indeed the continued existence of assets to a total value of £6.3 billion," it said.

"Madoff's scheme could not have been accomplished unless UBS had agreed not only to look the other way, but also to pretend that they were truly ensuring the existence of assets and trades when in fact they were not and never did," David J. Sheehan, a lawyer for Mr. Picard, said in a statement.

The latest lawsuit contends that the Madoff fraud "could not have been accomplished or perpetuated unless the HSBC defendants agreed to look the other way and to pretend that they were ensuring the existence of assets and trades when, in fact, they did no such thing".

Hence, it allows validating both the existence of assets to be traded and ownership.

Rather than relying on the existence of assets in a bank vault, the miners in our model create the stablecoins that are produced in times of increased market demand, so they become, essentially, the issuers of newly-minted stablecoins under our model — as opposed to having a centralized authority to issue those stablecoins", Glover explains.

"We urge you to examine the veracity of Secretary Ross's statements about his wealth, including responses provided to Congress, whether Secretary Ross has provided fabrication about other assets or shielded the existence of assets," the senators, led by Sen. Richard Blumenthal of Connecticut, wrote in a letter to the commerce department's Inspector General Peggy Gustafson.

The European Union also plans to create a European Systemic Risk Board to monitor the risk of major threats to the economy, including serious problems at major banks or the existence of asset bubbles.

Reviewing the means of safeguarding assets and, as appropriate, verifying the existence of such assets.

Ross revealed the existence of those assets, and the timing of the transfer, when Forbes asked why his financial disclosure form listed fewer assets than he had previously told the magazine he owned.

In Mr Young's opening note to the court, revealed today (Wed) for the first time, the tycoon wrote: "The Respondent [Mr Young] apologises for being so flippant...The Respondent has absolutely no assets or income and there is nothing in the Applicant's [Mrs Young's] note to show the existence of any assets whatsoever'".

Diversification result was a lot better, and it was achieved due to the existence of various assets to support livelihood strategies.