In most countries, especially developing ones, most IPRs are granted to foreign firms and the bulk of IPR-based transactions involve these firms.

In most countries, especially developing ones, most IPRs are granted to foreign firms and the bulk of IPR-based transactions involve these firms.

Since the bulk of financial transactions goes through bank accounts, the application of the provisions of banking regulations (including the reporting of suspicious transactions, rules on identification of clients) constitutes an additional tool for monitoring the financing of foundations and associations.

Avoiding such instability of major currency exchange rates is also important to third countries, which carry out the bulk of their international transactions in these currencies.7 Since the collapse of the Bretton Woods system of exchange-rate management in the early 1970s, economists and policy makers have debated how to regain a greater measure of stability of key-currency exchange rates.