Sentences with phrase «adopted by financial institutions»

The world of the cryptocurrencies was not first adopted by financial institutions and banks.

Not exact matches

Those federal rules, which double down on restrictions adopted in 2014 and stern warnings to lenders issued by OSFI earlier this summer, require banks to qualify borrowers at higher interest rates, impose additional limits on mortgages for buyers with small down payments, and compel financial institutions to share the risk by taking out insurance policies on low - ratio mortgages.

For the financial markets, those risks are compounded by the unbalanced «risk - on» exposure that investment managers and institutions adopted early this year, encouraged by a short - lived burst of economic activity, and faith in a central - bank backstop.

A loan broker shall comply with the provisions of the federal Gramm - Leach - Bliley Act, 15 United States Code, Section 6801 et seq. (1999) and the applicable implementing federal Privacy of Consumer Information regulations, as adopted by the Office of the Comptroller of the Currency, 12 Code of Federal Regulations, Part 40 (2001); the Board of Governors of the Federal Reserve System, 12 Code of Federal Regulations, Part 216 (2001); the Federal Deposit Insurance Corporation, 12 Code of Federal Regulations, Part 332 (2001); the Office of Thrift Supervision, 12 Code of Federal Regulations, Part 573 (2001); the National Credit Union Administration, 12 Code of Federal Regulations, Part 716 (2001); the Federal Trade Commission, 16 Code of Federal Regulations, Part 313 (2001); or the Securities and Exchange Commission, 17 Code of Federal Regulations, Part 248 (2001), if the loan broker is a financial institution as defined in those regulations.

Adopting such a resolution regime, together with tougher oversight of large, complex financial firms, would make clear that no institution is «too big to fail» — while ensuring that the costs of failure are borne by owners, managers, creditors and the financial services industry, not by taxpayers.

The agreement will end the litigation over the new financial plan adopted by The Cooper Union's Board of Trustees in 2013 and allow for the continued sliding - scale scholarship model for undergraduate students while providing for continued steps to strengthen the governance of the institution and for evaluating the possibility for a return to a full - tuition scholarship model.

The agreement ends the litigation over the new financial plan adopted by The Cooper Union's board of trustees in 2013 and allows for the continued sliding - scale scholarship model for undergraduate students while providing for continued steps to strengthen the governance of the institution and for evaluating the possibility for a return to a full - tuition scholarship model.

In this regard, we welcome the Action Plan for Climate Change to Enhance the Engagement of Private and Public Financial Institutions adopted by our Finance Ministers.

The purpose of the recently adopted SCC - ISDA model clause is to facilitate the use of arbitration as a recommendable dispute resolution alternative by banks and financial institutions.

Major stock exchanges and leading financial institutions are rapidly exploring and adopting the use of blockchains for securities issued by corporations in order to ensure more accurate, efficient, and economical recording of share ownership.

A Member State which is not bound by a measure adopted pursuant to Title V of Part Three of the Treaty on the Functioning of the European Union shall bear no financial consequences of that measure other than administrative costs entailed for the institutions, unless all members of the Council, acting unanimously after consulting the European Parliament, decide otherwise.

TrueUSD allows financial institutions to adopt cryptocurrencies into their business models easier than ever by presenting crypto as an asset they trust (US dollars) in the legal structure of trusts, which they are also familiar with.

It is being increasingly adopted by the world's leading financial institutions and tech corporations to store data more securely and with greater transparency.

Ripple is growing very fast since it's being adopted by many different financial institutions in the world.

According to Walch, bitcoin blockchain's decentralized structure means it does not have an official organization or party that operates it, and the lack of any entity or organization bound by legal obligations to keep the blockchain software operational can become a major risk for financial institutions looking to adopt the bitcoin blockchain technology.

Government policy frameworks will better support the growth of «two - way» effectiveness and accountability in Indigenous organisations by adopting a community development approach to governance, which strengthens legitimacy through capacity and institution building rather than focusing primarily on financial and technical compliance.

This shift was adopted only after the practice became known among financial institutions» REO departments and corporate relocation companies, who were advised by their counsel of the potential liability involved in subagency.