31.   Bankers said there were no major changes in the new law except that it defined the activities of such offices and the capital of the parent bank.

32.   Failed transactions in derivatives by Baring Futures Singapore has saddled the parent bank, which has applied for administration, with a billion US dollars in losses.

33.   Kok said he expected DNIB Asia to increase the profit-generating opportunities for the parent bank and help the Dutch government in mapping out its Asian industrial policy.

34.   Ltd. suffered billion-dollar losses in derivatives trades on SIMEX and the Osaka Futures Exchange and caused the collapse of its British parent merchant bank Barings.

35.   Other exceptions are subsidiaries overseeing the assets and supporting the operations of the parent bank and Japanese units of foreign financial institutions, the official said.

36.   The declaration by the Tokyo District Court came after the three non-banking units applied for bankruptcy last week under a comprehensive restructuring plan by the parent bank.

37.   The decision to let the three firms go bankrupt was seen as an exceptional move in Japan, where parent banks have traditionally shouldered the debts of affiliates.