The requirement that certain debt obligations be "in registered form" is intended to create a record of ownership and to discourage the use of bearer instruments
The IBUs will not be permitted to issue bearer instruments
or cheques and all payment transactions will need to be undertaken through bank transfers.
The government also committed to consider the option of an explicit ban on bearer instruments
The central bank said it is also bringing the minimum declaration amount in line with international standards, raising the requirement to declare cash and bearer instruments
such as cheques to 100,000 dirhams ($27,230), or the equivalent in foreign currencies, from 40,000 dirhams.
In other words, when entering or leaving a country, although there may be requirements to disclose or declare cash or bearer instruments
over USD/EUR 10,000, there is no comparable requirement for stored value cards.
Privatization vouchers were bearer instruments
that were freely tradable, and they typically were bought and sold using U.
Roever envisions Navio rifles acting as bearer instruments
, like cash bills certified by the Federal Bank or stock certificates.
Campaign against bearer instruments
has also led to diversion of funds towards the share market.
As long as criminality remains in the underground of aliases, coded messages, false documents, bearer instruments
, and clandestine operations, it is often undetectable to even seasoned investigators.
Cash isn't just spending money, it can also be bearer instruments
, cashiers' cheques, money orders, travellers cheques.