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From next April, though, EPFs will be required to value their assets at market price anyway.
But there remained questions about how banks should be required to value their portfolios and calculate the ratio.
That means the bank is required to "value these instruments using models" — in effect, to guess the value of the securities.
They were no longer required to value shares at the minimum price in an accounting period, but could more or less use their own discretion.
There will be little place for lobbying or political pressure since government officials will not be required to value particular securities or strike individual deals with banks to buy their distressed assets, or negotiate workouts with homeowners.
But assessors are required to value the apartment as if it were in a rental building, and in each of the last three years the city's Finance Department actually lowered Mr. Martinez's assessment significantly.
Similar(47)
Schools are required to instil values of tolerance into millions of children; Muslims are told to be tolerant by David Cameron.
Universities in the United Kingdom (UK) are required to incorporate values based recruitment (VBR) into their healthcare student selection processes.
Peers are not required to register their value.
Under plans unveiled in 2015, local authorities will be required to sell "higher value" council homes when these become vacant.
Under the government's rules, they were required to report the value of assets they own in a broad range.
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CEO of Professional Science Editing for Scientists @ prosciediting.com