Sentences with phrase «breached financial rules»

Not exact matches

These breach disclosures affirm the wisdom of New York state implementing its trailblazing cybersecurity rules for financial services firms that took effect last March, and which were amended with the SHIELD act in November.

It's only under the Department of Labor's fiduciary rule that the fiduciary duty is not just an obligation of the advisor but also the Financial Institution, and it's only under the DoL rule (unlike the Investment Advisers Act) that fiduciary breaches must have the opportunity to escalate to class action status.

With the implementation date of the Department of Labor's fiduciary rule looming large in April, all attention has been focused on how financial advisors and their Financial Institutions are making adjustments to manage their compensation conflicts of interest, to avoid breaching the fiduciary's fundamental duty of loyalty to act in the client's best ifinancial advisors and their Financial Institutions are making adjustments to manage their compensation conflicts of interest, to avoid breaching the fiduciary's fundamental duty of loyalty to act in the client's best iFinancial Institutions are making adjustments to manage their compensation conflicts of interest, to avoid breaching the fiduciary's fundamental duty of loyalty to act in the client's best interests.

Chelsea manager Jose Mourinho insists Manchester City got off lightly following a breach of UEFA Financial Fair Play rules, Mail Online reports.

Chelsea manager Jose Mourinho says Manchester City should have been docked points and stripped of their titles instead of being fined for breaching Financial Fair Play rules --(Daily Express / various)

A squad of ageing veterans and mediocre imports will be broken up in the summer, as the club's owners attempt to salvage order from chaos while also mounting a legal battle to evade a # 58 million fine for breaching Football League financial rules during the club's last stay in the Championship.

Leicester have agreed to pay a settlement of # 3.1 million to the English Football League after the club were found to have breached Financial Fair Play (FFP) rules in 2013/14.

League President, Javier Tebas, had already warned in an interview earlier this week that La Liga would not accept a payment to trigger the release clause, saying it was potentially in breach of the Financial Fair Play (FFP) rules set out by the European governing body, UEFA.

The club, owned by Thai entrepreneur Vichai Srivaddhanaprabha, were deemed to have breached financial fair play rules when they made a # 21 million loss in that 2013 - 14 season.

La Liga has asked UEFA to investigate both PSG and City for breaches of financial fair play rules.

In York's «Evening Press» newspaper of 12 April 2005, Maroney claimed it was «for selling loony merchandise against Electoral Commission rules»: to be precise the OMRLP's Financial Scheme as registered with the Electoral Commission, which meant any Branch of the OMRLP taking money on the party's behalf would be breaching the Political Parties, Elections and Referendums Act 2000 Part 2.

The not so glittering ex-Barclays CEO Bob Diamond faced the treasury select committee after Barclays was fined in June this year # 59.5 mn by the Financial Services Authority for serious breaches of city rules, including manipulation of LIBOR rates.

In a statement, Mr Osborne said he was glad the committee «acknowledge any breaches of the rules were not intentional, not major, and did not provide me with any significant financial benefit».

The findings breach a string of regulations, including the Academies Financial Handbook, Charity Commission and academies accounting rules, and trustee guidelines.

You appearance in court with no offer of financial recompense to the lender will result in the judging ruling that you are in breach of contract and allowing the foreclosure to proceed.

In response to the data breach, the Consumer Financial Protection Bureau (CFPB) presented a rule barring the use of forced arbitration and restored the ability of people to file group lawsuits.

If the Supreme Court eventually rules that litigation funding is permitted in Ireland, it will mean that Irish parties who are lawfully entitled to compensation, for example due to a breach of contract by a large multinational corporation, or mis - selling of financial products by an international bank, can make use of the financial resources and the strategic experience of professional funders like Woodsford to get justice from the Courts».

Only recently did the German legislator enact a EU - driven rule that protects whistleblowers informing the German financial supervisory authority about actual or suspected breaches of financial supervisory provisions.

(Managing Clerk raided client account of # 200,000, partners strictly liable in conduct, breaches of Solicitors Accounts Rules, plea bargain, financial penalty).

In this recent Statement of Objections, the Commission alleges that Google has breached EU antitrust rules by: requiring manufacturers to pre-install Google Search and Google's Chrome browser and requiring them to set Google Search as default search service on their devices, as a condition to license certain Google proprietary apps; preventing manufacturers from selling smart mobile devices running on competing operating systems based on the Android open source code; giving financial incentives to manufacturers and mobile network operators on condition that they exclusively pre-install Google Search on their devices.

Instead of writing rules and appointing a regulator to monitor for breaches, which is how the current financial system works, Bitcoin's code sets the rules and the network checks for compliance.