Sentences with phrase «as regulators require»

So is a backup camera, as regulators require for all 2019 model - year passenger cars.

Not exact matches

For SAP, the loss and LAE ratio is the ratio of incurred losses and loss adjustment expenses less certain administrative services fee income to net earned premiums as defined in the statutory financial statements required by insurance regulators.

In 2005 the company agreed to pay a $ 1.1 million fine after the EPA alleged that VW had received numerous reports in 1999 and 2000 about a defective exhaust part, which was causing excess carbon monoxide and other dangerous emissions, but failed to report the defect to regulators, as required, until the EPA came across it in a random test.

Meanwhile, Nevada regulators moved on Thursday to reclassify DFS as gambling, requiring FanDuel and DraftKings to either obtain gaming licenses or cease operations in the state.

The offer might prove too tempting to someone who might otherwise never take out an auto - title loan, said the regulator in a bulletin to lenders: «This business model could also be perceived as a deceptive practice because it appears calculated to bring the consumer into the store with the promise of one product, but later effectively requires the consumer to go to another location to purchase another product.»

This new clearing house, which requires approval from Canadian regulators, would allow companies to issue conventional equity and debt using a digital token representing a share in a business, also known as a tokenized security.

If warranted, regulators should require that servicers, in consultation with their third - party consultants, conduct more targeted outreach to better reach underrepresented groups, such as considering more credible messengers to reach these groups.

To further increase the possibility that all borrowers have a fair opportunity to request a foreclosure review, the Comptroller of the Currency and the Chairman of the Board of Governors of the Federal Reserve System should require that servicers include a range of potential remediation amounts or categories in communication materials and other outreach, such as direct mailings to borrowers, public service announcements, the independent foreclosure review website, regulators» websites, and officials» testimonies and speeches.

The ruling sets up yet another battle between state regulators and the $ 41 billion Uber Technologies, which is on a quest to become a global car service that relies on drivers who don't require costly benefits such as health care.

Carter, who hasn't been accused of wrongdoing, failed to appear as required by the subpoenas and, through his counsel, has declined to provide any additional dates on which he will agree to appear for investigative testimony, the regulator said.

According to the Philippine Land Transportation Franchising and Regulatory Board, only around ten per cent of some 30,000 Uber cars currently have permits, a situation which would create «an uneven playing field» for other transport services such as taxis, buses and jeepneys — which all require licenses — and «unduly challenge the limit of fair regulation,» the transportation regulator said.

Double digit ownership of voting shares certainly is a threshold most competent regulators set as requiring active assent for any bank investment.

«As there is no central operator,» he points out, «the network participants are responsible for implementing local regulatory requirements, including KYC [Know Your Client], AML filtering, etc., as required by the respective banking regulators or other authorities.&raquAs there is no central operator,» he points out, «the network participants are responsible for implementing local regulatory requirements, including KYC [Know Your Client], AML filtering, etc., as required by the respective banking regulators or other authorities.&raquas required by the respective banking regulators or other authorities.»

Despite the exemptive relief from dealer registration requirements provided by the securities regulators in these decisions, issuers should bear in mind that under applicable Canadian securities laws a person is only required to register as a dealer if they are engaging in or holding themselves out as engaging in the business of dealing in securities.

Beyond giving the Fed sole authority to rewrite the rule, the legislation also would require the primary regulator for a particular financial firm to serve as the sole supervisor for Volcker rule compliance.

While the fact that better capitalised banks are more able to lend during the recovery phase of a crisis sounds logical to me, I believe this result requires more in - depth analysis: it is likely that regulators in many countries forced banks to recapitalise after past crises or, as it was the case in the US in the post-WW2 era, that banks were also required to comply with a certain type of leverage ratio.

That Act would further restrict the Fed's 13 (3) lending operations by requiring that they be approved by at least two - thirds of the FOMC (as opposed to the present 5 - member requirement); by disallowing the use of equity as collateral for 13 (3) loans; by requiring that loans be approved not only by the Federal Reserve Board but by all Federal banking regulators having jurisdiction over the prospective borrowers; and by allowing emergency lending to be extended beyond a term of 30 days only by means of a joint resolution approved by Congress.

The agreement also reverses a proposal from the ethics and lobbying regulator known as JCOPE that would require the disclosure by a consultant when they have contacted an editorial board in an effort to influence an opinion piece.

The Legislature in 2011 adopted an ethics overhaul measure that required greater disclosure of sources of outside income for state elected officials, as well as the creation of the latest lobbying regulator, the Joint Commission on Public Ethics.

An in - depth report by ProPublica's Marcelo Rochabrun and Cezary Podkul reveals that city and state regulators stood by as developer Two Trees Management disregarded laws requiring rent stabilization in exchange for the large property tax break it received.

State regulators would later ask the bank to find the photo of the sign to prove the bank was maintaining the ATM photos as they're required to, according to sources.

State regulators would later ask the bank to find the photo of the sign to prove the bank was maintaining the ATM photos as they're required to.

On how his fellowship has impacted his career, he said, «Since part of working for a state regulatory agency requires dealing with federal regulators and interpreting federal rules, I think having experience at EPA (as a fellow, then as an employee) was a big plus in the eyes of the people who hired me.

According to Walsh, who teaches a popular course in medical device design at SEAS and is founder of the Harvard Biodesign Lab, soft robotics is especially well suited to shared design tools because many of the required components, such as regulators, valves, and microcontrollers, are largely interchangeable between systems.

Environmental harm remains a big concern as the tidal industry develops, and U.S. regulators require testing to insure that such turbines don't pose a threat to marine life.

As required by executive orders and a 2008 court ruling, federal agencies use the SCC to inform regulators about the economic consequences of rules they adopt.

US regulators require companies to adhere to «quiet periods» prior to launching as publicly traded companies on a stock exchange.

In certain circumstances, we may be required at law to disclose your personal information to third parties such as government bodies, law enforcement agencies, and data protection regulators.

Regulators are not required by the Constitution, but Congress, perverse as it is, is the body closest to the people, getting put up for election regularly.

TORONTO — The head of Canada's federal housing agency says regulators should explore the possibility of raising the minimum down payment required on a home as a way of easing affordability and reducing risk to the financial system.

The ASIC is a robust regulator that requires brokers such as Vantage FX to have strict internal control measures in place for accounting, audits and risk management before they are issued the license to operate as a broker.

In addition, regulators will require dealers to disclose the annual dollar cost of trailer fees by July 2016, as part of an initiative known as CRM2 (Client Relationship Model, phase 2).

In addition, regulators could place the bank on a watch list and possibly require that it take further corrective action, such as issuing additional capital.

Securities regulators require ETFs to file documents such as:

Shorter term fixed rate mortgages — like two or three years mortgages — are not discussed here as they all require a qualification rate check — in other words they are being treated by the regulators as risky as variable rate loans.

Mike Bober, president of the Pet Industry Joint Advisory Council, urged a USDA investigation of the practice: «Federal regulators should require all organizations that operate as pet dealers under the Animal Welfare Act (AWA) be licensed as such.»

Accordingly, it is virtually certain that the regulators will demand a containment building for a commercial tokamak reactor that will likely resemble what is currently required for fission reactors, so as to protect the public from normal - going superconducting magnet energy release.

Since the proposed rule was issued as a draft over a year ago, utilities, state regulators, consumer advocates, and environmental groups have speculated about the final form, and what it might require.

Regulators disagreed, writing in the proposed order that «the direct participation rule requires the investor - owned utility to act as the meter data management agent for all community choice aggregation customers.

In those early days, it also gave us a gauge to measure which automakers seemed serious about serving the burgeoning market for electric cars, and which ones seemed more focused on building only as many plug - in cars as regulators in California required.

If regulators don't order a refund of all tax savings, they might require some money to go to projects that produce savings and other public benefits, «such as modernizing the utilities» grids to allow for better incorporation of clean energy resources,» suggested a joint brief filed by the Environmental Defense Fund, Ohio Environmental Council, Natural Resources Defense Council, Sierra Club and the Environmental Law & Policy Center.

As referred to above, the heavy rains added so much weight to the floating roof of an oil storage tank at ExxonMobil's Baytown facility that the roof partially sank, and caused the more volatile petroleum - based components — including known and suspected carcinogens and otherwise toxic substances — to evaporate and release harmful air emissions in sufficient quantities to require reports to be submitted to state environmental regulators.

As many EU regulators require a fully - fledged decision making unit through proper governance, the analysis of the changes in delegation of authority schemes and the assessment of potential human resources impacts must be considered early on in the process.

Second, the court held that in order for the RCD to apply, separate and formal legislative action is not required if a regulator already has the regulatory authority to take actions that might otherwise violate the Competition Act (in this case, the LCBO's authority to enter into contracts such as the Beer Framework Agreement).

They point to other professional regulators who are only required to prove their cases to the civil standard, such as medical regulators.

Scandinavian regulators, for example, cited this as a problem for the profession, offering it as one reason for requiring that members be insured.

So far as guiding the conduct of financial advisors were concerned, provided they complied with «the relevant law, regulations, regulators» rules and guidance and standards, relevant codes of practice and, where appropriate,... good industry practice», they could be assured that they would not be liable to their client in the absence of some exceptional factor requiring a different decision.

My «Conclusion» states: «To argue persuasively that a law society in Canada should be the single regulator of all providers of legal services requires that, that law society solve the problem as to legal services not being available to the population at reasonable cost.

Securities regulators in Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Quebec, and Saskatchewan did adopt the rules requiring companies to disclose, on an annual basis, information on policies relating to the identification and nomination of women directors, targets for women on boards and in executive officer positions as well as the number and percentage of women on the issuer's board of directors and in executive officer positions.

This decision was ultimately a win for APEGA, and for professional regulators as a whole, as it established that regulators are not expected to alter their mandate in a fundamental way provided that their entrance standards for foreign - trained professionals (those which differ from standards required for Canadian - trained professionals or professionals from accredited institutions) are based on evidence and not discriminatory assumptions.