Kurs_anglyskogo_yazyka_dlya_finansistov

to monitor the compliance of firms authorized to conduct investment business and whose role was extended in 1991 to include monitoring the work of Registered Auditors.

The monitoring activities of the JMU involve:

•issuing and reviewing firms' Annual Returns,

•conducting visits to firms,

•reporting the results of visits to the ARCs.

Activities of the JMU aim to assess whether or not the firm has complied with Audit Regulations and Standards. The JMU seeks to assist firms by making practical suggestions for improvements of their audit performance.

Words you may need:

Most correspondence in banking is done through letters and telexes, fax messages and SWIFT ones. Special forms are also widely used.

Here is a layout of a typical letter:

Note: Ref means "reference". References are quoted to indicate what a piece of correspondence refers to ("Your ref) and the correspondence to refer to when replying ("Our ref).

Re is a Latin abbreviation of in re which means "the subject title". It is used after the salutation.

p.p is another Latin abbreviation of per pro, which is sometimes used in signatures and means "for and on behalf of.

The following salutations are used in letters: "Dear Sirs", "Dear Sir", "Dear Madam". In the USA a letter may usually open with "Gentlemen:".

message сообщение

SWIFT (Society for Worldwide Interbank Financial Telecommunication) международная организация СВИФТ

201

(основана в 1973 г.) form бланк

layout (зд.) расположение рубрик (в письме) typical характерный, типичный

sender отправитель reference ссылка, референс receiver получатель salutation приветствие subject title предмет письма body (зд.) текст письма

complimentary close заключительная фраза payment order платежное поручение abbreviation сокращение

to quote приводить, цитировать to indicate указывать

for and on behalf of от имени и по поручению

** *

Correspondence may deal with information about changes in the bank in question (see an example of such letter on p. 340).

to deal (with) иметь дело (с)

in question о котором идет речь

correspondent корреспондент; (зд.) банк-корреспондент to announce объявлять

senior старший

effective вступающий в силу to be composed of состоять из

division отделение (управление) to amend вносить поправки records документы

in line with в соответствии с department отдел concerned соответствующий

Note: There are a few ways of writing dates at the head of letters and documents. They are as follows:

202

** *

Non-acceptance of some documents may be another reason for writing a letter like the one on p. 344.

Note 1. То avoid repetition, the word item usually replaces the word collection.

Note 2: The words плательщик, клиент, банк, банкир and the like are usually used in correspondence in the plural form: drawees, customers, (clients), bankers, etc.

** *

One of the main causes why a correspondent sends a message is non-payment. See an example of such a letter on p. 345.

Note: The language of a telex message is similar to that of a cable, so articles and prepositions are omitted.

206

Further to my letter dated 25 May this year and in answer to your reply dated 1 st August... , ref..., I write concerning the duplicate payment from your account ...... for USD 14,350.00 (less fees USD 16.50) value date 1 October ... and repeated on 15 October... .

In your above mentioned reply you asked me to comment on the reason for non-execution of your MT 199 cancellation request dtd October 14th ... . After consultation with my colleagues in New York, they have provided the following explanation: The cancellation request read as follows: "re our MT 100 dd 981014 for USD 14350 value 981011 F/O Ephremovskij Zavod Sinteticheskogo Kauchuka ref... Please cancel this payment order as erroneously sent sorry regards." The pymt order of 981014 was however for value date 981014 and the b/o was Ephremovskij Zavod Sinteticheskogo Kauchuka, and the ref was

... .

The pymt order 981011 was for value date 981011 ref... and did not have any of the information that was mentioned in the request for cancellation. Therefore because the cancellation request could not be matched exactly to either payment order, we were not in a position to make a cancellation as the references and other data have to match precisely.

209