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non aventi finalità di copertura

English translation: non-hedging


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:non aventi finalità di copertura
English translation:non-hedging
Entered by: Vincent Lemma
Options:
- Contribute to this entry
- Include in personal glossary

14:39 Nov 24, 2011
Italian to English translations [PRO]
Bus/Financial - Finance (general) /
Italian term or phrase: non aventi finalità di copertura
Always same supervision document on non banking finance companies in relation to risk control-
TIA


In relazione alla necessità di introdurre una disciplina di vigilanza prudenziale per gli intermediari finanziari secondo criteri di gradualità, vengono prescritte: a) misure di contenimento dei
rischi connessi con l’operatività su strumenti derivati non aventi finalità di copertura e con l’assunzione di posizioni in valuta estera, mediante la fissazione di limiti quantitativi; b) regole generali in materia di frazionamento dei rischi.
Vincent Lemma
Italy
Local time: 12:02
non-hedging
Explanation:
copertura is hedging, so I would say: non-hedging derivatives
Selected response from:

Miranda Drew
Local time: 12:02
Grading comment
Thanks all!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2non-hedging
Miranda Drew
4 +1not designated as hedging instrumentss
cristianac


  

Answers


9 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
non-hedging


Explanation:
copertura is hedging, so I would say: non-hedging derivatives


    Reference: http://www.wikinvest.com/stock/Dollar_Tree.../Non-hedging_De...
Miranda Drew
Local time: 12:02
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thanks all!

Peer comments on this answer (and responses from the answerer)
agree  Dominic Currie
23 mins

agree  Dr Lofthouse: non - hedging derivatives
1 hr
Login to enter a peer comment (or grade)

6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
not designated as hedging instrumentss


Explanation:
ias terminology

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Note added at 1 hr (2011-11-24 15:41:35 GMT)
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http://download.pwc.com/ie/pubs/financial_instruments_under_...

...Derivatives not designated as hedging instruments must be classified as held for trading.

http://www.iasb.org/NR/rdonlyres/DDE4AB95-2672-4565-B3FE-7E8...

IAS 39 paragraph 9 requires derivatives that are not designated as hedging instruments under IAS 39 to be classified as held for trading and be measured at fair value through profit or loss

cristianac
Local time: 12:02
Specializes in field
Native speaker of: Native in ItalianItalian, Native in EnglishEnglish
PRO pts in category: 144

Peer comments on this answer (and responses from the answerer)
agree  Peter Cox
52 mins
  -> thank you Peter
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