Sentences with phrase «by national central banks»

Mastercard stated that it is willing to use cryptocurrencies that are backed up by national central banks in the future, while still considering all others «junk», reported The Financial Times.

Mastercard stated that it is willing to use cryptocurrencies that are backed up by national central banks in the future, while still considering all others «junk», reported...

For the application of this Article, the Governing Council shall establish the necessary rules for standardising the accounting and reporting of operations undertaken by the national central banks.

(d) the fulfilment by national central banks of obligations under this Treaty and the Statute of the ESCB.

In a further compromise, some of the risk from bond buying will be taken by the European Central Bank and some by national central banks.

Not exact matches

It started with the Swiss National Bank's (SNB) decision to unpeg its currency from the euro earlier this month, followed by a larger - than - expected bond - buying program from the European Central Bank (ECB) on January 22.

In the periphery, the new stimulus package will force national central banks to adapt by cutting rates, and possibly extending their own easing programs.

The ECB makes governments unable to finance their spending by central banks of their own Introduction of the euro in 1999 explicitly prevented the ECB or any national central bank from financing government deficits.

He has suggested, of course, that governments and their central banks cooperate to stimulate their national economies without adding to their national debt levels by using some variant of «helicopter money.»

A Malaysian initial coin offering organizer has been flagged by the central bank over its unauthorized use of national and institutional symbols.

We minimize the risks associated with the internal market, however, no Central Bank has all the tools that control the market, cross-border, so at least we need to prevent the risk by the national currency.

The recently announced preliminary third - quarter GDP (gross domestic product) numbers from the Office for National Statistics (ONS) showed that the UK economy expanded at 0.4 percent, modestly higher than the 0.3 percent in the second quarter and more than estimated by the central bank staff.

The Swiss National bank is perhaps the most transparent of major central banks, but we believe their actions are mirrored by others such as the ECB and Japan.

There has been speculation that the European Central Bank may try to address German concerns by delegating bond purchases to the national central banks, which in theory would absorb any Central Bank may try to address German concerns by delegating bond purchases to the national central banks, which in theory would absorb any central banks, which in theory would absorb any losses.

For deflation to seriously happen, not only the current extreme credit expansion by the central banks and states (through «quantitative easing», stimulus packages, monetising and then spending national debt etc.) but also the money that was released into the economy PRIOR to the collapse would have to be «mopped up» again.

The Aldrich plan, ostensibly the fruit of the National Monetary Commission's extensive deliberations, but really a scheme secretly cobbled together by Aldrich and his banker friends at Jekyll Island, was (according to Paolo Coletta) «particularly anathema to Bryan... because it called for a single, privately controlled central bank located in New York.»

You know currencies that are created by Central Banks or national governments and that can be created without any restraints.

The continued efforts by the ECB, BOJ and Swiss National Bank to keep their overnight rates at crisis - era levels is increasing concerns around the globe that central bankers in general do not have an exit strategy.

Fast forward to today when as Yra Harris writes in his latest Notes from the Underground, the realization that central bankers are on the verge of panic is that much closer, because as the veteran trader and strategist writes, «the continued efforts by the ECB, BOJ and Swiss National Bank to keep their overnight rates at crisis - era levels is increasing concerns around the globe that central bankers in general do not have an exit strategy.»

Bank of Russia: «It's Time to Develop National Cryptocurrencies» Jun 2, 2017 by Stan Higgins Russia's central bank believes the time is right to develop and launch its own digital currency, one of its senior officials said toBank of Russia: «It's Time to Develop National Cryptocurrencies» Jun 2, 2017 by Stan Higgins Russia's central bank believes the time is right to develop and launch its own digital currency, one of its senior officials said tobank believes the time is right to develop and launch its own digital currency, one of its senior officials said today.

MasterCard is open to the idea of using future national digital currencies issued by Central banks, according to co-Chairman of Mastercard Asia / Pacific.

Central banks have special prerogatives and responsibilities assigned them by national governments.

Miffed by the constant abuse of the naira, the Central Bank of Nigeria (CBN) and the National Orientation Agency (NOA) have joined forces to launch grassroots campaign against naira abuse across the 774 local government areas of the country.

Point 3 seems to state that the central bank of a common currency area could work more efficient and be more credible when it is independent, compared to national central banks which may be controlled by the government.

This dollar buying also increases the number of USD in its own central bank, and that increases the «national value» of Canada, which increases the value of its own currency; however it can mitigate this, if it wishes to have a cheaper currency than the USD, by simply printing more.

According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President spoke while receiving briefing from the Minister of Budget and National Planning, Senator Udo Udoma; the Minister of Finance, Mrs. Kemi Adeosun, and Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele

«Another document showed that N10 billion was released to the Office of the National Security Adviser by the Central Bank of Nigeria (CBN) on September 15, 2014.

National Democratic Congress (NDC) Member of Parliament for Ablekuma Central, Theophilus Tetteh Chaie, is blaming the Governor of Bank of Ghana for the alleged scam perpetrated by DKM Microfinance company and others in some parts of the country.

But in a statement from the Nigerian Wailers signed by its Deputy National Publicity Secretary, Mr Fasipe Oluyemi, the group has called on the good people of Nigeria to come out en mass for a protest (#OccupyCBN) to stop this impunity of the Fraudulent Forex Trading, Round Tripping and racketeering going on in the Central Bank of Nigeria aided by its Governor, Mr. Godwin Emefiele and bring to an end the Manipulation of Forex, illegally funding Federal Government budget, short - changing the Money Deposit Bank's reserve ratio at the expense of the Masses as the abuse of internal process.

The event was was attended by Vice-President Yemi Osinbajo; President of the Senate, Bukola Saraki; Speaker of the House of Representatives, Yakubu Dogara; Chairman of the Nigerian Governors Forum, Abdulaziz Yari; National Chairman of the All Progressives Congress, John Odigie - Oyegun; Governor of the Central Bank of Nigeria, Godwin Emefiele and members of FEC.

For instance, Senator Dino Melayo had on several occasions in the floor of the national Assembly exposed explosive financial infractions committed by officials of the current presidency including the huge bills that Nigerian National Petroleum Corporations spends illegally as subsidy for importation of fuel and the illegal employment of children of favoured politically connected persons into plumb jobs in the central bank of national Assembly exposed explosive financial infractions committed by officials of the current presidency including the huge bills that Nigerian National Petroleum Corporations spends illegally as subsidy for importation of fuel and the illegal employment of children of favoured politically connected persons into plumb jobs in the central bank of National Petroleum Corporations spends illegally as subsidy for importation of fuel and the illegal employment of children of favoured politically connected persons into plumb jobs in the central bank of Nigeria.

One of the counts reads: «That you Dr. Raymond Dokpesi and Daar Investment and Holding Company Limited between October 2014 and March 19, 2015 in Abuja, conducted procurement fraud by means of fraudulent and corrupt act, to wit: receipt of payment into the account of Daar Investment and Holding Company Limited with First Bank of Nigeria Plc of public funds in the sum of N2, 120,000,000 from the account of the office of National Security Adviser (NSA) with the Central Bank of Nigeria for the funding of media activities for the 2015 presidential election campaign for the People's Democratic Party (PDP) and you thereby committed an offence contrary to section 58 (4)(b) of the Public Procurement Act, 2007 and punishable under Section 58 (6) & (7) of the same Act».

That does sound a bit like a proposal to raze the Tower of London in order to make way for a new marina, or to replace St Paul's Cathedral by an office tower block designed to house the godless central computer of the National Westminster Bank.»

In 1948, when the Communist Party was about to win the War of Liberation against the National Party, Meng «ao Fang was appointed by Chingkuo Chiang to lead an investigation into corruption, in the Peking Branch of Central Bank.

Importantly, these entities are not subject to the restrictions associated with the national capital key for QE purchases, so there would be virtually unlimited amounts of debt that could be purchased by the central bank, eliminating debt availability as a rationale for QE tapering.

Central banks play an integral role in market economies by maintaining the stability and credibility of national currencies used in those economies.

The ISXPay identity and payments solution is an EU licensed eMoney Monetary Financial Institution by the Central Bank of Cyprus and a payment facilitator partner of the National Australia Bank.

In the past two centuries, interest rates have been variously set either by national governments or central banks.

Bernanke, Ben S., «A Century of U.S. Central Banking: Goals, Frameworks, Accountability,» Speech given at «The First 100 Years of the Federal Reserve: The Policy Record, Lessons Learned, and Prospects for the Future,» a conference sponsored by the National Bureau of Economic Research, Cambridge, MA, July 10, 2013.

This two - minute trailer of the new documentary produced by Blue Bear Films for the National Geographic Society on the occasion of the traveling exhibition Afghanistan: Hidden Treasures from the National Museum, Kabul features footage of the 2003 rediscovery of the collections from the National Museum, Kabul, which had been hidden in the vaults of the Central Bank in the Presidential Palace in 1988.

«Banks allegedly robbed by John Dillinger and his associates included the Commercial Bank, Daleville, Indiana of $ 3,500 on July 17, 1933; Montpelier National Bank, Montpelier, Indiana of $ 6,700 on August 4, 1933; Bluffton Bank, Bluffton, Ohio, of $ 6,000 on August 14, 1933; Massachusetts Avenue State Bank, Indianapolis, Indiana, of $ 21,000 on September 6, 1933; Central Nation Bank and Trust Co., Greencastle, Indiana of $ 76,000 on October, 23, 1933; American Bank and Trust Co., Racine, Wisconsin of $ 28,000 on November 20, 1933; Unity Trust and Savings Bank, Chicago, Illinois of $ 8,700 on December 13, 1933; First National Bank, East Chicago, Indiana of $ 20,000 on January, 15, 1934; Securities National Bank and Trust Co., Sioux Falls, South Dakota of $ 49,500 on March 6, 1934; First National Bank, Mason City, Iowa of $ 52,000 on March 13, 1934; and Merchants National Bank, South Bend, Indiana of $ 29,890 on June 30, 1934.»

The programme was supposed to apply «temporarily» but without an explicit limitation in time, and allowed both national central banks and the ECB to buy on the secondary market eligible marketable debt instruments issued by the central governments or public entities of the Member States whose currency is the Euro; as well as on the primary and secondary markets eligible marketable debt instruments issued by private entities incorporated in the Euro area.

Each national central bank shall be credited by the ECB with a claim equivalent to its contribution.

The European Parliament, the Council and the Commission, and, where appropriate, the group of Member States, the Court of Justice, the European Central Bank or the European Investment Bank, if the draft legislative act originates from them, shall take account of the reasoned opinions issued by national Parliaments or by a chamber of a national Parliament.

There are only two fundamental differences between bitcoin and national currencies: (1) bitcoin is issued by an algorithm rather than a central bank so predictable machines rather than arbitrary humans control the «printing» and the total amount of bitcoin; (2) creditors can sue you if you present bitcoin to settle a debt denominated in national currency but if you present the currency it will be a defence to the creditor's suit under some form of a «legal tender» statute (Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in the US).

I think the Central Bank circular Described by a National Newspaper as the «quintessential Lawyer» Ajibola Oluyede has effectively traversed the entire gamut of legal Practice in Nigeria as a litigator.

Secondly, they are global instruments, not national ones and they are funded using Bitcoin, Ethereum and other cryptocurrencies which are not controlled by any central authority or bank.

Representatives of the Indonesian central bank and the national police force on the island have teamed up to investigate cases of cryptocurrency trading deemed illegal by authorities in Jakarta.

According to news services VNA, Prime Minister Nguyen Xuan Phuc tasked Vietnam's Central Bank, national FinMin and the Ministry of Public Safety to draw up a legal framework around cryptocurrencies by the end of 2018 and to elaborate taxation regulation of cryptocurrencies by June 2019.

A Malaysian initial coin offering organizer has been flagged by the central bank over its unauthorized use of national and institutional symbols.