Legal investments

Legal investments

Investments that a regulated entity is permitted to make under the rules and regulations that govern its conduct.

Legal Investment

An investment allowed for institutional investors under the legal and regulatory rules of the country in which it is made. Institutional investors, notably banks, handle funds on behalf of clients, who may or may not be interested in investing themselves. As a result, many institutional investors are restricted from making certain high-risk investments. In the case of bonds, legal investments are called investment-grade.
References in periodicals archive ?
The focus is to be thrifty and careful about managing their money, Sarjito said, adding that if they want to invest, they have to invest in legal investments and to be careful of investments with promises of much higher returns, which may be illegal or scams.
52/2016) entitled: "Policy-making in Post-Communist Europe: Snapshotting Integration and Institutional Building" deeply spotlighting the issues of the human rights and right to a healthy environment, the recent UN calling on the health-population-development markings and social, cultural and political vectors in Eastern Europe and the Balkans, public and private legal investments and a multilevel analysis of the institutional, economic and technical outcomes, the corporate reputation and the values of the image-identity functioning relation, learning standards of knowledge and interpretation, cultural and social phenomena of communication and mutual respect, legal development in Eastern and Western Balkans.
Legal investments increased to USD8.0m during the quarter compared to USD6.9m in the same period of the prior year.
Despite the increased legal investment, cost to collect for the quarter was 45.3%, an improvement of 253 basis points from the first quarter of 2012.
"25% of capital and surplus to be set aside and earmarked as a guaranty fund, and invested and kept invested in bonds of the United States, or the state of New York, or other legal investments for trust funds (other than mortgages) approved by the Banking Department."
It includes an overview of dealing with money obtained from criminal activities and either is used for illegal purposes and/or is used for making seemingly legal investments. It also includes information on bank secrecy and other secrecy obligations, international agreements, statutory measures, the situation in the U.S., the overall scope of the problem and suggestions on possible remedies.