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ed by the PRA and regulated by the FCAand the PRA, and is distributed in the UK to retail clients (as defined in the rules of the FCAand the PRA) by Merrill Lynch International Bank Limited, London Branch, which is authorized by the Central Bank of Ireland and subject to limited regulation by the FCAand PRA - details about the extent of
be artificially suppressed by controls. When looking at 16 countries with severe capital controls based on IMF indicators (Algeria, Angola, China, Malaysia, Tunisia, Cote d'Ivoire. India. Morocco, Pakistan, Philippines, Sri Lanka, Swaziland. Tanzania, Togo, Ukraine, and Uzbekistan), we find that bitcoin
ents to rotate without too much disruption. We would expect China’s inclusion to account for 10% of the JPM GBI-EM Global Diversified index. Turkey, Malaysia, S. Africa, and Thailand would lose the largest shares in the index, while the shares of Brazil, Mexico, Poland and Indonesia are expected to remain
Page: HOUSE_OVERSIGHT_014765 →ealing in securities (and not futures contracts) or provision of specific advice on securities (and not futures contracts). Si report should contact Merrill Lynch International Bank Limited (Merchant Bank) and/or research report. General Investment Related Disclosures: Taiwan Readers: Neither the information nor any opinion expressed he
Page: HOUSE_OVERSIGHT_014785 →versification drive introduced by the NTP follows the typical macro template, in our view. We discuss in a later section diversification lessons from Malaysia and Norway and conclude that the NTP contains elements from these successful case studies. In particular, it a) identifies key sectors with relativel
Page: HOUSE_OVERSIGHT_016124 →ued and distributed in Singapore to institutional investors and/or accredited investors (each as defined under the Financial Advisers Regulations) by Merrill Lynch International Bank Limited (Merchant Bank) (MLIBLMB) and Merrill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (S
Page: HOUSE_OVERSIGHT_016194 →Entities connected to both Merrill Lynch International Bank Limited and Malaysia

Philippines
LOCATION
United Kingdom
LOCATION
Donald Trump
PERSON
Bloomberg L.P.
ORGANIZATION
United States
LOCATION
Barack Obama
PERSON
George W. Bush
PERSON
Columbia University
LOCATION
Chile
LOCATION
Hungary
LOCATION
Bill Clinton
PERSON
Marc Rich
PERSON
Frankfurt
LOCATION
Norway
LOCATION
Bahrain
LOCATIONthe Dubai Financial Services Authority
ORGANIZATIONthe Capital Market Authority
ORGANIZATION
U.S. Treasury
ORGANIZATION
Middle East
LOCATION
Kuwait
LOCATION