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Translate the article into English




Ғ ққ

ә ә қ ң ҳ , Ққ ғ қ ө қ , қ әң ө ү , ұғ ә ң қғ қ . үң ққ ғ ө қ, ң ғғ ң ә ө.

қ ә ө өң ү ә қ , қ қ Ққ ү ң 2008-2010 ғ ғ ғң ү өң ө.

ө, қғ ққ ң ө ң ү ққ ү ғ ққ ұң ә ғғ, ұ ң қққ ң қ ғ ғ ө. ә ү 1,5-2 .қ ғ қ , ң 14 ғ құ . ұ қң 87 ңғ ғ ғ. ң қққ ұ ү ң ө ө қ ә ү . ң ғғ ққ ң ө ғ ұғғ қ . ң қққ ғ қғғ ү ң қ ә қ ң . Қ ң, ө қ, ұ ғ ә қ . өң , қғғ - ғ ң ғғ , ұ ө қ қ ә ң өғ Қ . ққ ң ә ө, қң ғ қғғ , ң ң өң ө қ. , ә үң қғ- ө䳻, әғ Ұқ ң қң .

ң ғғ ққ ң ә ө ұғғ , ң қ ң қ ғ .


Unit 8 Banking

Ө

Wrongdoing and wrongdoers

Read the texts A, B and pay attention to the expressions in bold type.

A. Wrongdoing

 
 
PARADISO FINANCIAL SERVICES REGULATORY AUTHORITY We regulate financial services; our job is to prevent financial wrongdoing and punish the wrongdoers. Insider dealing or insider trading: someone buys or sells securities using information that is not publicly available. Chinese walls are measures that you can take to stop knowledge in one department of your company being illegally used by another department, to buy or sell shares for example. Price fixing: a group of companies in the same market secretly agree to fix prices at a certain level, so they do not have to compete with each other. Market rigging: a group of investors work together to stop financial market functioning as it should, to gain an advantage for themselves.


B. Bribery and corruption

An illegal payment to persuade someone to do something is a bribe, or informally a backhander (BrE), kickback or sweetener. To bribe someone is bribery. Someone who receives bribes is corrupt and involved in corruption. This is informally known as sleaze, especially in politics.

 





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