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The weekly return requirement that has now been abolished was first introduced by the Bank Charter Act of 1844.
"The portfolio has a benchmark of a 15percentt return requirement," said Keith L. Johnson, chief legal counsel of the state investment board.
Theoretically, removal of the weekly return requirement allows covert intervention into the banking system, and may possibly be used by the Bank to prevent future bank runs.
The 1844 return requirement was designed to inform Bank of England investors of its commercial banking operations and was thus an early type of corporate transparency mechanism.
Do all J-1s have the 2-year return requirement?
One way is to get rid of the return requirement by a waiver process.
Similar(46)
Overall, the results suggest that return requirements mainly benefit countries that have weak scientific environments.
return requirements under section 6050P of such Code shall not apply to any discharge described in paragraph (1).
We track the post-PhD careers of 249 Fulbright Fellowship recipients who are required to leave the US after PhD receipt and 249 similar foreign-born "control" scientists not subject to return requirements.
So the first thing we look at is whether they really have that 2-year return requirement--not whether they've been told they do, but whether they really do.
Further funding from Naspers would not meet our own target return requirements.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com