The JPMorgan CEO said that his bank was «under assault,» and questioned whether the increased scrutiny
by regulators of banks since the financial crisis has gone too far.
The # 2 billion payday loan industry was accused
by its regulator of widespread irresponsible lending earlier this year.
As promised last month
by the regulator of the two government - sponsored mortgage companies, changes to the Homeowner's Assistance Refinance Program (HARP) are now in place which may enable more than 1 million homeowners who owe more on their mortgages than their homes are worth to refinance at today's very attractive interest rates.
Surveys
by regulators of past clients regarding the service quality of the lawyers who served them
In 2015, I chaired the review
by the regulators of the Legal Services Act 2007 and related legislation to identify for the Ministry of Justice potential options for legislative change.
Not exact matches
Regulators such as the Financial Services Commission
of Ontario have also strongly expressed the opinion that telematics devices should be used primarily for the benefit
of the consumer, and to help individuals become better drivers (as evidenced
by a presentation given
by the FSCO at a UBI Symposium this past February).
«If a timely agreement can not be reached on a common
regulator, the government will propose legislation to carry out its regulatory responsibilities consistent with the decision rendered
by the Supreme Court
of Canada,» the budget states.
T - Mobile, then a subsidiary
of Deutsche Telekom, was shedding customers as it waited to be acquired
by AT&T — only to see
regulators block the $ 39 billion deal.
They said the company's head honchos told the public they perfected a «revolutionary technology» vetted
by experts and
regulators that will change the world
of lab testing, knowing full well that it'll reach investors» ears.
And the ability
of one particular app — the one that harvested the data ultimately obtained
by Cambridge Analytica — to glean that data certainly didn't violate an agreement the company had with federal
regulators, he said.
Quite apart from the argument over OSFI - style oversight, the former federal official and others stress this segment
of the market at least requires more transparency and clearer data so
regulators and the Bank
of Canada can better understand the credit landscape and the extent
of high - risk loans issued
by private lenders.
And, if approved
by the companies» boards and federal
regulators, the corporate marriage has the potential transform the way the health industry does business and how millions
of Americans receive their medical care.
Shum and Colaco point out that any reclassification
of risk would be heavily scrutinized
by Canadian
regulators, in order to make sure that changes aren't self - serving on the part
of policy providers and in fact benefit consumers.
WASHINGTON, May 1 - A District
of Columbia federal judge dismissed a lawsuit brought
by state bank
regulators against the U.S. District Judge Dabney Friedrich wrote in her decision tossing out the case, issued late on Monday.
In June, a Senate panel voted 19 - 1 to advance the nomination
of Makan Delrahim, who was chosen
by President Donald Trump to be the top U.S. antitrust
regulator.
Now, thanks to tough new mortgage lending and insurance rules announced
by federal Finance Minister Bill Morneau in October, some analysts predict that so - called «shadow banking» firms, which operate largely outside the purview
of regulators, will see a surge
of fresh business from frustrated homebuyers who can't get conventional loans.
EU
regulators are expected to order Amazon on Wednesday to pay Luxembourg millions
of euros in back taxes, a person familiar with the matter said, the latest global company to be hit
by an EU crackdown on unfair tax deals.
Over the weekend, Cincinnati.com reported that SoMoLend, a crowdfunding site that distributes loans to local small businesses, was under investigation
by Ohio's Division
of Securities — i.e. the state's commerce
regulators.
To get to this point, 23andMe had to conduct extensive studies proving the accuracy
of its tests and assuring
regulators that the reports can be easily understood
by consumers so that they can make informed health care decisions.
Meanwhile, Chinese internet
regulators have been busy scrubbing China's social media
of references to Kim, who has been affectionately referred to
by Chinese internet users as «Kim Pig,» «Third fat kid,» and their favorite, «Kim Fatty.»
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.
Despite becoming aware
of the breach and having it reported to Yahoo's senior management and legal department, the company failed to properly investigate and did not disclose it to the public until more than two years later, when it was in the process
of being acquired
by Verizon Communication Inc, the
regulator said.
Federal
regulators, which review contracts made
by USPS, have not raised any issues with the terms
of its contract with Amazon.
Commonwealth Bank
of Australia chief executive Ian Narev has admitted the bank «made mistakes» in failing to report money laundering but defended his leadership, saying he is «motivated» to help restore trust and that problems identified
by Australia's financial transactions
regulator don't reflect cultural shortcomings under his watch.
The Russian telecommunications
regulator, Roskomnadzor, responded
by adding millions
of those cloud platforms» IP addresses to its blacklist, taking out bystander web services that also rely on the platforms.
The London offices
of Rupert Murdoch's Fox Networks were raided
by European Union antitrust
regulators as part
of a probe
of the distribution
of sports media rights.
While the EU pay - TV probe has been simmering for years, the U.K. review
of the Sky deal could be resolved within weeks as
regulators prepare to turn in their final report
of government ministers
by May 1.
The potential deal, while still unconfirmed, has already attracted its fair share
of skeptics who doubt it will go through due to Tsinghua's low offer price and the fact that U.S.
regulators are likely to be cautious about a large takeover
by a Chinese state - owned company.
The transaction was unanimously approved
by the board
of directors
of both companies and is expected to close in the second half
of 2018, if it's approved
by regulators and shareholders.
From the 1960s on, some
of the most popular, esteemed auto giants have been embroiled in controversy and lawsuits as investigations —
by the media and
regulators — linked engineering and safety problems to injuries and deaths.
But it seems increasingly unlikely that any fix for the lean NOx trap vehicles — roughly 60 %
of the diesels involved — will ever be approved
by regulators.
By contrast, the French Renault ended down by nearly 3.5 percent after regulators said that Carlos Ghosn, the head of the firm, should be held responsible for diesel emission cheating investigation
By contrast, the French Renault ended down
by nearly 3.5 percent after regulators said that Carlos Ghosn, the head of the firm, should be held responsible for diesel emission cheating investigation
by nearly 3.5 percent after
regulators said that Carlos Ghosn, the head
of the firm, should be held responsible for diesel emission cheating investigations.
In September, London's transport authority declined to renew Uber's private - hire operator license over concerns about its vetting
of drivers, its under - reporting
of crimes
by drivers, and the tactics it has used to undermine
regulators in the past.
Matthew Myers, president
of the Campaign for Tobacco - Free Kids, commended the FDA's action, but said the
regulator must do more «
by taking off the market Juul flavors like mango and cool cucumber that clearly appeal to kids».
The international community has been aggressive in trying to solve for this vulnerability — first prompted
by South Korean
regulators looking into a spate
of complaints in 2013 linked to cars from the Korean carmakers Hyundai and Kia, and a few others.
But citing people with knowledge
of the probe, Bloomberg reports that Wells Fargo (wfc) is being accused
of seizing cars without first receiving the proper documents, resulting in an investigation
by the Department
of Justice and bank
regulators
Congressional testimony and investigations
by the company and
regulators revealed that GM engineers knew
of the faulty switch for at least a decade, but a series
of errors led to affected vehicles being recalled only in 2014.
Fosun International, one
of China's largest conglomerates, is still pursuing acquisitions overseas, despite curbs on capital outflows
by Chinese
regulators.
By offering lines
of credit, the Cash Store believes it can put itself beyond the reach
of provincial
regulators and back under the federal thumb.
But sitting down for an interview at the event, Waugh warned some
of the blunt tools preferred
by regulators would do more harm than good.
O'Sullivan noted the acquisition in December 2015 coincided with the finalizing
of a record fine
by Japanese
regulators for accounting irregularities at Toshiba, indicating that corporate governance controls were extremely weak.
On the other hand, if the province decided not to become involved in the firm shipping market, they would distort the signals received
by the
regulators in terms
of the demand for shipping services, leaving the system short
of capacity and lowering the value
of Canadian oil in the process.
Monsanto (mon) put on hold the launch
of a chemical designed to be applied to crop seeds on Wednesday following reports it causes rashes on people, in the latest instance
of complaints about a company product that was approved
by U.S. environmental
regulators.
A spokesman for the prosecutors in the city
of Brunswick (Braunschweig) told Fortune that recent disclosures suggesting that chief executive Martin Winterkorn was aware
of the long - running deception
of U.S.
regulators already in May 2014 — over a year before the company finally admitted it to the world — weren't enough
by themselves to justify opening an investigation into the former boss.
Coincheck, stung
by the theft
of $ 530 million
of digital money last month, is expected to file a report with
regulators on the hacking.
Amazon has thus far been left alone
by regulators because it has helped reduce prices
of most products.
Some
of the packages targeted
by regulators look like fruit juices, Warhead candies and Nilla Wafers.
In a legal filing joined
by other public interest groups and the consumer electronics trade association, the group said the justices should not become
regulators of technology and «the court should not attempt to predict the future
of television.»
The British advertising
regulator, for example, has reprimanded BuzzFeed UK for running a «listicle» sponsored
by Dylon — a maker
of color dye for clothing, and a subsidiary
of German's Henkel AG — that the agency said was not properly identified as advertising.
Regulators are aware
of this corporate scrutiny and are likely eager to demonstrate that they are serious
by quickly initiating a GDPR investigation
of a major company.