The decline in origination by local lenders is being driven in part by a drop in multifamily financing, following concern expressed
by regulators over concentration risk.
This understanding has grown following the guidance provided
by regulators over the past few months.
However, during the whole time of the shale gas revolution in the United States, the process of horizontal drilling and «fracking» for gas has been essentially shut down
by regulators over concerns of environmentalists.
Not exact matches
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.
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.
The stand - off also comes amid a growing campaign
by politicians,
regulators and courts across Europe to rein in Google's power
over the Internet search market and the impact it has on deeply ingrained social norms around personal privacy.
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.
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.
SolarCity and Nevada utility NV Energy, owned
by Berkshire, famously have been battling it out in Nevada
over that state
regulator's decision to change the rates and economic structure for rooftop solar.
Separately, three major Australian retail banks, including ANZ but not Macquarie, are defending charges laid
by the country's securities
regulator over allegations they manipulated the benchmark bank bill swap reference rate (BBSW).
The growing, multibillion - dollar fantasy sports industry dominated
by DraftKings and FanDuel has drawn increased attention from state
regulators over the past year, with the attorneys general of New York, Illinois and Nevada challenging their legality.
As part of the settlement, Leon's and the Brick have agreed to each donate $ 750,000 worth of home furnishings
over two years to charities to be approved
by the
regulator.
By favoring one type of company
over another,
regulators are guilty of the worst kind of government interference.
Where an ISP is adjudged
by a
regulator to have monopoly power
over final access to a customer a different view may be taken as has occurred in a number of recent decisions.
(Last night, office supplies retailer Staples (spls) said it was being bought
by private equity firm Sycamore Partners, a year after its own mega deal to buy smaller rival Office Depot failed to win
over regulators.)
Halliburton, which tried to buy Baker Hughes
over a year ago but was blocked
by regulators, has embarked on steep cost cuts as it expects price pressures to continue.
Pfizer also came under fire
over drug price increases including a record $ 107 million fine
by U.K.
regulators for hiking an epilepsy treatment's price
by 2,600 %.
The Senior $ afe Act will better protect people aged 65 and
over from financial exploitation
by increasing the likelihood it will be identified
by financial services professionals and reported to
regulators, Adult Protective Services agencies, and law enforcement authorities.
Unlike the United States where the federal
regulators have jurisdiction
over regulating crowdfunding nationwide, the Canadian provinces are regulated specifically
by each provincial securities authority.
And
over the long term, the ability to defend against the impact of such crises can be improved
by the banks themselves, as well as
by the policymakers and
regulators.
As
regulators crack down on cryptocurrency exchanges, bitcoin slid again on Thursday (March 8)
by 7 percent
over a 24 - hour period.
WASHINGTON (Reuters)- Entrepreneurs and start - up companies looking for investors will be able to solicit
over the Internet from the general public under a new proposal issued
by U.S.
regulators on Wednesday.
A District of Columbia federal judge dismissed a lawsuit brought
by state bank
regulators against the U.S. Comptroller of the Currency
over its proposal to offer charters that would let so - called fintech companies do business nationwide.
Uber has faced ongoing scrutiny
over allegations of workplace harassment, a criminal probe into its attempts to evade
regulators, a lawsuit
over trade secret theft brought
by Waymo — its competitor in the self - driving car industry — and a lawsuit brought
by a woman who alleges her medical files were improperly shared
by Kalanick and other executives.
That sale came at the same time Crown revealed it was being investigated
by the Victorian gambling
regulator over a potential breach of the Gambling Regulation Act at its Melbourne casino.
Gambling operator Tabcorp has agreed to pay a record $ 45 million fine
over «dirty money» claims brought
by the
regulator.
As Autopilot technology continues to be developed, more advanced functionality will be made available to Tesla owners
over time nearing full self - driving capabilities; however, until truly driverless cars are developed and approved
by regulators, the driver is responsible for and must remain in control of their car at all times.
It is no secret that Qualcomm's lucrative patent licensing business has been a lightning rod for legal attacks
by Apple and antitrust
regulators over the past year.
They come amid intensifying scrutiny from users,
regulators and lawmakers
over Facebook's admission on March 16 that user data was improperly obtained
by Cambridge Analytica, a data - analytics firm that worked for the 2016 Trump campaign.
The deliberation
by financial
regulators of this new crowdfunding method has interwoven the debate
over utility tokens versus security tokens.
Mylan has been called out again and again
over the years —
by the company's own employees,
regulators, patients, politicians and the press — and hasn't changed, even as revenue has skyrocketed, hitting $ 11 billion last year.
The status of Chinese companies in the United States could be complicated
by a dispute between U.S. and Chinese
regulators over whether American inspectors will be allowed to examine the work of their China - based audit firms.
Tove Ryding, a tax coordinator for Eurodad, told CNBC she wasn't surprised
by Germany's ranking and money laundering risk, given the number of recent scandals involving German banks including Deutsche Bank, which was fined
by South African anti-money laundering
regulators in February, and saw investigations launched
over alleged money laundering for Russian clients in June.
«It's like death
by a thousand cuts: this happened
over a long period of time... and now a lot of members of Congress, and a lot of consumers and the
regulators agree that it's gone too far,» said Timothy Zimmerman, CEO of Pennsylvania - based Standard Bank and chairman of the Independent Community Bankers of America.
by Anita Anand At root, the debate
over whether Canada should have a cooperative securities
regulator (or some version thereof) stems from questions about the appropriate institutional supervisory structure for Canada's financial system.
An unusual move
by a US
regulator threatens to widen a conflict
over potential manipu - lation of Hovnanian default swaps
by Blackstone's credit arm GSO.
That Act would further restrict the Fed's 13 (3) lending operations
by requiring that they be approved
by at least two - thirds of the FOMC (as opposed to the present 5 - member requirement);
by disallowing the use of equity as collateral for 13 (3) loans;
by requiring that loans be approved not only
by the Federal Reserve Board but
by all Federal banking
regulators having jurisdiction
over the prospective borrowers; and
by allowing emergency lending to be extended beyond a term of 30 days only
by means of a joint resolution approved
by Congress.
Woolworths is facing claims
by Harris Farm Markets it is acting anti-competitively
by enforcing a first right of refusal
over a retail lease in Sydney's Double Bay, in a legal dispute that could mark the start of latest challenge to big supermarket power since Woolworths and Coles were challenged
by the
regulator on how they deal with suppliers.
CBH insisted
over and again to the competition
regulator, to its owners and customers and to the media that Brookfield would likely abuse the market power delivered it
by the alliance of the rail tracks it already owned in WA and the giant freight train company that would arrive with a successful run at Asciano.
Chanticleer The threat of intervention
by regulators on high - risk mortgage lending is not keeping bank chief executives awake at night but it adds to the uncertainty hanging
over the majors at the moment.
He said the decision to institute the proceedings would in no way impact on whether the
regulator took action
over allegations
by suppliers that retailers were engaging in unfair behaviour.
The competition
regulator has vowed to push ahead with its twin investigations into the power of the supermarket chains
over allegations of bullying suppliers and the misuse of petrol shopper dockets, despite the release on Monday of a draft voluntary code of conduct agreed to
by the retailers and the nation's grocery and food suppliers.
The competition
regulator has raised concerns
over Woolworths» plans to acquire a full - scale supermarket and liquor licence from a high - profile independent retailer supplied
by Metcash.
ATF veterans are pushing back against suggestions
by Republicans that the embattled firearms
regulator is to blame for approving the bump - stock device that Las Vegas shooter Stephen Paddock used to such devastating effect, killing 58 and wounding
over 500.
The report released
by ethics and lobbying
regulators on Thursday found the 2015 lobbying compensation was a 17 percent increase in New York
over 2014.
More and more, regulations are created
by continental
regulators and passed down even to the EU, which has lost substantial control
over its regulatory agenda.
SolarCity, which is moving forward with plans to open its massive solar panel factory in Buffalo's Riverbend neighborhood, is reportedly under investigation
by federal
regulators over customer contract cancellations.
The Clean Energy Standard was part of an effort
by state
regulators to shift the state's reliance from fossil fuels to renewable energy
over the next several decades.
The New York Public Interest Research Group on Monday lodged a complaint with ethics
regulators over what it believes is an increase in lobby
by the state's political parties.
National Grid and state
regulators have agreed on a three - year deal that would increase the average residential customer's monthly bill
by about 11 percent
over three years.