Sentences with phrase «authority system of»

By forcing the local authorities out of mainstream education, it would also finally unpick the local authority system of schools put in place in England by Arthur Balfour's Conservative government in 1902.

Not exact matches

For years QHR Technologies (recently acquired by Loblaw Cos.» Shoppers Drug Mart) and Telus Health (a division of the telecom) fought tooth and nail to get health authorities to digitize patients» medical records using their respective systems.

«The minister of finance, supported by the Department of Finance, has ultimate responsibility for the financial system and authority for all financial sector legislation,» he said in a speech in Vancouver in 2009, slamming the door on the efforts of some in Ottawa, including former Bank of Canada governor Mark Carney, to create a more robust system of financial oversight.

For a larger company, their systems and resources generally mean that they have a bigger finance department, so your resources might make it to a manager, unless it's big enough, but someone of authority within the company still has to approve it for payment.

Indeed, the broader inflation trends shown in Friday's data confirm recent signs of a more sure - footed recovery in the world's second - biggest economy, allowing authorities to resist any fresh monetary easing as they move to curb an unsustainable build up of credit in the financial system.

All of the companies deny the charges and say that they comply with all relevant laws and are working with authorities to prevent abuse in the system.

«China urges the U.S. to respect the authority of the multilateral trade system, and repeal the measures as soon as possible,» it said.

That means authorities can only currently identify 10 per cent of offenders using the AI facial recognition system.

Indian authorities face sustained criticism for not doing enough to address a weak system of law enforcement and policing that leaves women vulnerable to sex crimes.

For a wide - scale drone delivery program to be implemented, Michel says, «it'll be necessary to have some form of air traffic management system for drones, and more advanced regulations, not to mention better, more autonomous technology that is certified by the aviation authorities.»

Like other virtual currencies, such as Ethereum and Ripple, bitcoin has no central authority and relies instead on thousands of computers across the world that validate transactions and add new units to the system - technology known as blockchain.

Chris Urmson, director of the Google self - driving car program, asked the FCC on January 26 to renew an experimental authority license that allows it to test radio transmitters in the 76 GHz range — likely used by the radar system on its cars.

The estimates provided above are based on the latest available national information on deaths collected from national civil registration systems of deaths, with the underlying cause of death captured by the national authority or partner organizations.

In 2008, PCWorld magazine reported that a U.S. District Court judge ordered the cancellation of a Defcon talk by three MIT students who planned to reveal design flaws in the Massachusetts Bay Transportation Authority's electronic ticketing system.

Supporters of Trump's plan like the Small UAV Coalition, the Association for Unmanned Vehicle Systems International, and the Academy of Model Aeronautics praised how the new drone program still designates the FAA as the ultimate authority over drones, trumping local governments.

She is widely considered to be the international authority on the development and activation of lymphocytes in the immune system.

A government and legal system with authority on the legitimate use of force compels individuals to refrain from acting on aggressive urges.

«We took immediate steps to investigate this incident, notify the affected individuals and appropriate authorities, and ensure enhanced protection of our information systems going forward,» said Verity CEO Andrei Soran in a statement.

The Small UAV Coalition echoed Johnson's concerns in a November letter to the FAA that said, «State and local governments have no authority to govern or regulate the operation of aircraft, both manned and unmanned, in the National Airspace System.»

The system collapse could result in TSB paying fines and compensation, while the Bank of England's watchdog the Financial Conduct Authority said it plans to talk to the firm to understand what went wrong.

«Blockchains are useful when there's no central authority in command, or when there's risk that the owner of the platform might fold,» Emin Gün Sirer, a professor at Cornell, expert on distributed systems, and co-director of the Initiative for Cryptocurrencies and Contracts, said in an email.

Recognising growing risks in the financial sector, the Chinese authorities took a range of evasive actions to reduce risks in the banking system.

But it accomplishes something that no other payment network has accomplished before: guaranteeing the integrity of the system without a central authority.

These included updates on compensation - related regulations and guidance issued by the Board of Governors of the U.S. Federal Reserve System (Federal Reserve Board) and other U.S. federal banking regulators, the Financial Stability Board, the United Kingdom Financial Services Authority and other regulators around the world.

Both governments, with ambitions to create state - sponsored cryptocurrencies, are looking to take advantage of the promise that Bitcoin introduced to the world financial system: a new kind of money and financial infrastructure, outside the control of any central authority, particularly the United States.

Tesla's bonds dropped 4.5 cents on the dollar to 86.5 cents at 12:02 p.m. in New York, according to Trace, the bond price reporting system of the Financial Industry Regulatory Authority after reaching their lowest price ever earlier Wednesday.

That provider, K - Bro Linen Systems, has been used for years by AHS to provide medical linen in the Calgary and Edmonton regions, and the health authority planned to expand the contract to include the rest of the province.

A multitude of federal agencies, self - regulatory organizations (SROs), and state authorities share oversight of the financial system under a framework riddled with regulatory gaps, loopholes, and inefficiencies.»

«The Minister of Finance, supported by the Department of Finance, has ultimate responsibility for the financial system and authority for all financial sector legislation.»

According to the Wall Street Journal, Chinese bitcoin exchanges would be required to collect information to identify customers as well as to install systems «for collecting and reporting suspicious trading activity to authorities; China's central bank would be in charge of handling violations by the exchanges.»

BTCC says the reason for its actions is the new «inspection and verification system,» which it will implement at the behest of Chinese authorities.

Virgin completed a feasibility study with the Dubai Roads and Transport Authority this year to explore the viability of a UAE - wide hyperloop system.

Probably the two biggest points of pushback were that Google could build an encrypted system if they wanted to (as I explained on Monday, they already tried, and they can't really exercise Android leverage right now), and that carriers could build a federated key exchange system and / or something akin to the certificate authority framework that undergirds HTTPS.

Trust is not dependent on one central authority; it is federated between all users, while, on some level, that may be scary for some who will need to cede control of proprietary systems of checks and balances in favor of an open, transparent approach.

These changes included the transfer of responsibility for the supervision of banks to a new integrated regulator, the Australian Prudential Regulation Authority (APRA), and the establishment of the Payments System Board within the Reserve Bank.

Currently, the Monetary Authority of Singapore - the de facto central bank - spearheads a cross-border payment system concept built on a blockchain platform called Project Ubin, in partnership with its Canadian counterpart.

* Maintain 2004 allocation of $ 700 million for the health care system, including $ 200 million for the elimination of health authorities deficits, $ 350 million for capital funding, and $ 150 million for equipment.

BoE Governor Mark Carney has called for the authorities to regulate cryptocurrencies and hold them to the same standards as the rest of the financial system.

The pc system of the Metropolis of Atlanta authorities has been hacked, affecting cost instruments and a few court docket knowledge.

While it may seem as though Chinese authorities have started to get a grip on shadow banking, Moody's also warns that the ability of the formal financial system to replace shadow credit lines «may not be a perfect substitute».

The Monetary Authority of Singapore also signaled their intention to encourage banks to consider the many applications of the blockchain in the financial sector where distributed ledger systems may potentially be «applied in any area which involves contracts or transactions that currently rely on trusted third parties for verification».

Bitcoin itself is a paragon of decentralisation: Its payment system is kept up by a distributed peer - to - peer network of users (the blockchain) rather than by a single authority.

«[The] Monetary Authority of Macau reiterates that any institution providing regulated financial services such as currency exchange, cross-border fund transfer, and financial exchange platforms without permission violates relevant provisions of the Financial System Act.»

The main concern is that without the support of the two largest economies, the rules - based system of international trade can quickly lose its authority, leaving the world economy on a slippery slope towards a full - scale trade war.

The European Banking Authority EBA, which (we guess) is fighting for its survival after the ECB has become the sole supervisor of Europe's «systemically relevant» banks, has recently issued a comprehensive report on the European banking system (this included the unintended revelation that its employees have yet to master the intricacies of Exel).

«At the ports of Ashburton and Dampier, Pilbara Ports Authority will continue to monitor the weather system.»

Across the U.S., many water systems are still run by local authorities and many of these entities can serve as appealing bolt - on purchases.

After confronting the «knowledge problem» at the heart of discretionary monetary policy — that policymakers are unable to know the true structure of an increasingly complex and global economic system — Dorn calls for the establishment of a Centennial Monetary Commission to evaluate the performance of the Fed over its 100 - plus years of discretionary monetary authority and to discuss how best to reform the country's central bank.

Banks involved in testing Project Ubin, including Bank of America Merrill Lynch and HSBC Limited, as well as government organizations like the Infocomm Development Authority of Singapore are seeking to exploit the capabilities of blockchain provenance systems to improve efficiency and security for transactions such as letters of credit (LOC); LOCs support some $ 2 trillion of transactions in the importer / exporter market, but can be difficult to manage, as they generate a copious amount of time - consuming paperwork.

According to recent reports, it seems like the Monetary Authority of Singapore will become the newest central bank to launch its trial, blockchain - based system meant for carrying out interbank payments.