Sentences with phrase «banned by regulators»

Since it is a legitimate credit requirement of lenders that the consumer adequately insures his risks, lenders are able to push through compulsory purchase of the group policy negotiated by them, despite the practice being frowned upon or being downright banned by regulators.

The company is now under federal investigation while its founder deals with a two - year ban by regulators from operating a lab.

Not exact matches

Russia's state communications regulator on Tuesday said it had blocked IP addresses owned by Google and Amazon, saying they were being used by the Telegram messaging service which Moscow moved to ban this week.

Getting sanctioned by federal regulators, being banned from the business, having to shutter labs and void two years - worth of blood testing, and being sued by Walgreens, investors and customers, is not how entrepreneurship is supposed to work.

A move by British regulators to ban financial advisers from accepting commissions for selling mutual funds and other products after 2012 is likely to cause lot of soul searching elsewhere, including in Canada.

The new weighted voting rights structure, still banned by Chinese regulators, aims to incentivize more Chinese technology companies to list in Hong Kong.

If a ban initiated by China's central bank this week marks an end to the first era of ICOs — the early gold rush before the regulators arrive — then Q2 2017 may turn out to be a peak quarter in the history of the industry.

And, in 2017, bitcoin prices were hit by a significant downdraft in the wake of news that Chinese regulators put in place a ban on initial coin offerings, also known as ICOs.

By September, the People's Bank of China, working in tandem with the financial regulator in the country, was banning initial coin offerings (ICOs) and shutting down domestic fiat - to - crypto order book trading.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Founder Elizabeth Holmes, who is facing a two - year ban by U.S. regulators from running a clinical testing company, used the session at the American Association for Clinical Chemistry's annual scientific meeting to introduce the «miniLab» testing device, a 95 - pound diagnostic tool that can fit on a tabletop.

The major coins have declined sharply this month after Chinese regulators banned initial coin offerings (ICO), the crowdsourcing model that has taken the world by storm.

The Wall Street Journal recently ran a story about a London fund manager who was given a lifetime ban from the financial industry by British regulators.

The Chinese regulator has lifted its ban on a facility owned by troubled infant formula producer Bellamy's Australia, which was enforced following the Tasmanian - based company's purchase of a canning facility.

The Chinese regulator has lifted the ban on facility owned by troubled infant formula producer Bellamy's Australia, removing a major complication that emerged following the Tasmanian - based company's purchase of the business in June.

The announcement came as no surprise, since golf's governing bodies proclaimed in November their intent to ban the stroke, which players make by jamming belly or longer putters into various parts of their bodies, and which the regulators believed inhibited the «skill and challenge» that was «integral to the traditions of the game.»

Spurred on by a successful revolt against artificial food dyes in the United Kingdom, a prominent U.S. food safety advocacy group Tuesday called on federal regulators to ban several colorings, claiming they're linked to hyperactivity in children.

Under the changes, already being pushed through by England's exams regulator, Ofqual, pupils will also be banned from resitting individual unit exams.

You canâ $ ™ t actually short Royal at the moment because of a short - selling ban imposed by regulators who are worried about the slide in financial stocks.

The recent ban of the Cyprus - regulated 24Option binary options broker in France by the local regulator AMF does not mean the other regulators are lax in their oversight,...

France's financial markets regulator AMF must define the types of electronic advertisements and types of investments in forex and CFDs to be encompassed by the advertising ban in...

Following yet another study on whether investment decisions can be impacted by the compensation of intermediaries, expect a decision in 2016 that will hopefully follow what regulators have already done in other jurisdictions and place an unequivocal ban on trailer fees.

Chief commercial officer of BitPay, Sonny Singh, has said that regulations imposed by countries (including South Korea) are not as bad as some people think, «I think regulators don't want to ban it, they just want to regulate it more and make sure it's all being done in a legal way which is actually good for the industry.»

With regulators set to ban outright throttling, the carriers are trying to fight back by offering new rival platforms that are similar to those third - party OTT rivals — even to the extent of letting anyone use it, regardless of their carrier.

As Nordea Bank AB blazes a trail in Europe by banning its employees from trading Bitcoin and other cryptocurrencies, the regulator is taking a back seat in a decision - making process it says is better left to the industry.

He said the decision by Chinese authorities to ban ICOs rather than to regulate them as the US is moving to do, is simply another way to «deal with it» and that going forward regulators are likely to gain a clearer understanding on what can and can not be done.

Do you think the regulators are going overboard by wanting such a ban by Google?

The cryptocurrency ban proposed by Russia comes in the aftermath of similar drive taken by Chinese and South Korean financial regulators.

The third test termed as «China test,» refers to Bitcoin market's ability to surpass the ban imposed by government regulators in its dealing.

Now, a recently published newsletter by Zero One Finance, a member of NIFA, states that regulators in China have «asked the major currency exchanges to close the program» and have made it very clear that «Banning Bitcoin exchange is certain».

That ban, as well as warnings by regulators in other countries, has driven fears of a wider crackdown and prompted a sell - off that has helped wipe almost $ 60 billion off the total value of cryptocurrencies since they hit record highs at the start of the month, according to industry website Coinmarketcap.

Financial regulators have been clamping down on the crowdfunding trend in recent weeks, warning entrepreneurs that their digital currencies may be regulated as securities or, in China's case, by banning them outright.

The comment may signal an increasing level of scrutiny down the road by the PBoC over initial coin offerings and trading services that are still available for domestic investors, even after regulators issued a ban on ICOs and essentially pushed fiat - to - crypto exchanges out of the domestic market.

According to an article by Techcrunch, on Friday, South Korea's financial regulator banned all Initial Coin Offering, due to concerns of potential financial scams.

Bing holds the opinion that the ban shall be in place until regulatory policies and frameworks for both projects and ICO investors are introduced by local financial regulators which surely will serve as a bridge over troubled waters caused due to illegal money laundering and other associated activities which use ICO as a safe haven.

According to an article by Techcrunch, on Friday, South Korea's financial regulator banned all Initial Coin Offering, due to concerns of potential financial

As a China - based project, neo (formerly antshares) perhaps bore most of the brunt of the decision by the country's regulators to ban initial coin offerings (ICOs), falling nearly 40 % over the day's trading on September 4.

According to Choi Heung Sik, the director of South Korea's Financial Supervisory Service (FSC), the country's integrated financial regulator that examines and supervises financial institutions, several officials and employees of the FSC sold bitcoin immediately before the premature statement on a possible cryptocurrency trading ban was released by Justice Minister Park Sang - ki.

But the country's swift embrace of bitcoin and other cryptocurrencies has been met with an equally swift backlash by regulators, who have gone so far as to propose outright bans on trading.

The cryptocurrency market is eyeing a cautious recovery after financial regulators in South Korea publicly stated that they do not agree with the cryptocurrency trading ban that has been proposed by the country's justice minister.

From the recent ban of the ICO under position designated by law and according to the recent announcement by China's financial regulators.

By banning anonymous trading, regulators hope to put a cap on speculation in a market that has ballooned significantly in just over a year.

Led by the PBoC, a number of Chinese regulators and authorities phased out cryptocurrency exchanges out of the country before following it up with a blanket ban on initial coin offerings (ICOs) last year.

The ban follows a previous statement by the regulator on January 5 when the authority stated it «will be calling in key officers» from CopyCash to «inquire into its activities including the purported launch of CopyCashCoin (CCC).»

In September this year, Chinese regulators issued a ban on initial coin offerings, which was followed by all domestic exchanges shutting down trading between cryptocurrencies and the Chinese fiat Yuan and moved overseas.