TAILIEUCHUNG - East Asia Real Estate Investment Market 2012

FinCEN operates a Regulatory Helpline that provides assistance for financial institutions seeking clarification of their obligations under the Bank Secrecy Act (BSA) and certain requirements under the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act. 18 This article analyzes the 1,461 inquiries regarding suspicious activity reporting (SAR) requirements that the Regulatory Helpline received from July 1, 2009, through June 30, 2010. 19 This article also highlights helpful FinCEN guidance for the most frequently received inquiries, including guidance on filing SARs for ongoing or continuing activity and verification of a SAR filing | Dream up the future. BiííÊêĐtm East Asia Real Estate Investment Market 2012 Viewpoints of Japan China Korea and Taiwan April 2012 Nomura Research Institute Ltd. Consulting Division Seoul Branch Taipei Branch Nomura Research Institute Shanghai Limited Marunouchi Kitaguchi Bldg. 1-6-5 Marunouchi Chiyoda-ku Tokyo 100-0005 Japan To create a transparent real estate investment market in East Asia This report has been produced by Nomura Research Institute solely for information purposes. It is not intended to be a complete description of the markets or developments to which it refers. No warranty for representation express or implied is made as to the accuracy or completeness of any of the information herein and Nomura Research Institute shall not be liable to any reader of this report or any third party in any way whatsoever. Research Framework and Perspectives for this Report Macrofundamentals GDP growth corporate performance demographic movements. V Financial and Capital Markets Interest rates financial and other regulations political trends. Y Rental Market Trading Market Demand What are the key drivers of demand Which industries require more space Which districts are in demand Supply How much floor space is newly developed How much floor space is demolished Vacancies Increase or decrease Buyers What properties interest buyers How strong is their buying appetite Lenders What properties are lenders willing to finance What are the lending conditions Sellers Who are the potential sellers What assets are likely to be sold Liquidity What kinds of properties are transacted successfully and what are not Copyright C 2012 Nomura Research Institute Ltd. All rights reserved.

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