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Avoidance of Losses on Investments to Currency Fluctuations

A/RES/3528(XXX)No PDF available

Who created this mandate?

A Resolution of the General Assembly, published in 1976.

What subjects does this mandate have?

3 topics
Currency InstabilityInvestment ReturnsPension Funds

What does this mandate say?

3 operative paragraphs
1
Authorizes the Secretary-General to inform the account of the need to avoid losses due to currency Government of Austria that the United Nations is willfluctuations,
ing to consider its offer of the additional space re-
Taking into account that the Working Group on ferred to above; Currency Instability agreed that United Nations in-
2
Approves the suggestion of the Secretary-General vestments should be made in sound currencies, as stated that the accommodation of United Nations organizain paragraph 50 of the report of the Working Group,62 tions or units in the Donaupark centre in Vienna would facilitate the securing of premises with regard to the
Taking into account the contents of paragraph 29 of the report of the Secretary-Ge~eral on the investfuture needs of various organizations and services; ments of the United Nations Joint Staff Pension Fund,113
3
Expresses the opinion that, upon completion of the Donaupark centre and in so far as full use has been Requests the Secretary-General to ensure that, in made of all existing space at present headquarters, no making the investments of the United Nations Joint Staff Pension Fund, all possible care is taken to avoid additional office space should be acquired by the United Nations in New York or at Geneva until consideration losses due to currency fluctuations.
has been given first to the use of available space in

iParagraph content is machine-extracted from UN documents. For authoritative content, please refer to the official UN document.

Table of contents

No headings found in this document.