Sentences with phrase «controlled by financial institutions»

The reality today is that both industry and most governments are largely controlled by financial institutions.

It was a troublesome month for the Indian exchanges due to the increasing control by financial institutions and lawmakers.

Not exact matches

DST Global, an investment company created by the Russian billionaire Yuri Milner, funneled hundreds of millions into Facebook and Twitter, but the funds came from two government - controlled financial institutions.

However, financial institutions dominate trading and most trading is controlled by computer algorithms.

The grand mufti elaborated on his position by stating many of the typical concerns surrounding cryptocurrencies including their cryptographically controlled issuance, lack of central authority and regulation by financial institutions, and their ability to mask users» identities.

Instead of increasing or reducing the availability of credit by adding to or subtracting from the supply of Fed deposit balances, the Fed now loosens or tightens credit by controlling financial institutions» demand for such balances using a pair of new monetary control devices.

Though Scotland's Futuresuggests otherwise, it is likely that a corollary of this is that a great deal of financial regulation will also be undertaken at the British level: if the Bank of England is to act as lender of last resort, it will also want to have some control over financial regulations that mitigate the risks run by Scottish institutions.

Too much by supporters anguished at the financial plight of a great institution and the grim reality of listless defeat at Goodison Park; more by millionaires who gained control of this institution than by the millionaires responsible for this loss.

The City of London is a local authority with the unusual quality that most of its electoral wards are controlled by private companies and financial institutions.

Monitoring and planning for the institution's financial position and financial control systems is normally undertaken by a finance committee.

Monitoring of the institution's financial position and financial control systems is normally undertaken by a finance committee.

The bank or financial institution will put the money that you have borrowed into an account controlled by the lender.

Fees may be charged by other financial institutions during the wire transfer process which are beyond Star One's control.

While it is anticipated that most transactions will be completed on the day of your selected processing date, it is understood that due to circumstances beyond the control of the Credit Union, particularly delays in handling and posting payments by slow responding companies or financial institutions, some transactions may take a day or even a few days longer to be posted to your account with those merchants.

This is an ugly situation, one that is the product of sloppy monetary policy, poor regulation of financial companies (for two decades), poor risk controls, overlending by government institutions, and a cultural failure where we borrowed too much and saved too little.

The fact that TMX and Alpha control some 85 per cent of all stock trades in Canada raised concerns the merger would give too much power to a single market and clearing operator controlled by Canada's big financial institutions.

The control of suspicious transactions by these financial institutions also relies on mechanisms of data mining.

We have represented large domestic and foreign financial institutions and other companies in connection with some of the most prominent enforcement matters brought by U.S. financial regulators, the Office of Foreign Assets Control (OFAC), the Department of Justice and the SEC, involving sanctions, anti-money laundering and anticorruption issues.

Enacted in 2010 by a Democrat - controlled Congress and signed into law by Barack Obama, FATCA is virtually unknown to most Americans but has been wreaking havoc with the global financial system outside the US Touted as a weapon against «fat cat» tax evaders stashing funds offshore, FATCA is instead an indiscriminate information dragnet requiring all non-US financial institutions (banks, credit unions, insurance companies, investment and pension funds, etc.) in every country in the world to report data on all specified US accounts to the IRS.

advising a state - owned financial institution on an inquiry commenced by its regulator into its anti-money laundering systems, anti-fraud controls and management oversight.

In particular, LexisNexis ® Risk Solutions has high - lighted five key revisions to the current legislation that banks and other financial institutions must be aware of to remain compliant in their anti-money launder - ing provisions: • Pre-paid cash cards: to reduce financial crimes linked to anonymous pre - paid instruments, vendors will be required to conduct more stringent customer verification and the thresh - old will be reduced from $ 250 to $ 150 • Digital currencies: thorough customer due diligence controls will be required by all virtual cur - ing farmers, are vulnerable to unfair trading practices employed by partners in the chain.

Unlike others that could be used by banks or financial institutions, XRP is centralized and controlled by Ripple, which decides when to release more coins to the market.

Today, governments and financial institutions recognize that the blockchain technology behind Bitcoin can offer huge cost savings, efficiency, and operational benefits to financial systems — distributed ledger technology could save banks $ 15 billion - $ 20 billion per annum by 2022 according to a recent Santander Innoventures report — but it's in the nature of power to oppose what it can't control.

«Ripple is going after the business of traditional financial institutions that are deeply embedded in a world controlled by governments and supranational institutions,» he explains.

In a recent op - ed in the New York Times, Andrew Ross Sorkin argues that if Washington won't put stricter controls on gun sellers, the nation's financial institutions should do so, for instance by refusing to do business with retailers that sell assault weapons.

However, backing a cryptocurrency like Ripple is certainly an outlier and is something that needs to be understood by potential buyers and sellers, because it gives those financial institutions a much greater level of control over Ripple than most other cryptocurrencies out there.

«In a public blockchain anyone in the world can send transactions to and expect to see them included if they are valid, and anyone in the world can participate in the consensus (transaction) process... In a consortium blockchain consensus process is controlled by a pre-selected set of nodes; for example, one might imagine a consortium of 15 financial institutions....

Where bitcoin, Ethereum, and similar are entirely decentralized, backed by thousands if not millions of global miners, meaning that nobody has any real control over the network, Ripple's nodes are handled by these financial institutions and Ripple Labs itself.

In addition, the sex industry falls under a number of trades, such as the sale of legal cannabis, controlled by morality clauses, which means that porn stars and porn - related businesses can easily have their accounts shut down by banks and other financial institutions.

Financial institutions like Ripple both because it isn't mined by users — instead the company (Ripple) has centralized control — and because transactions occur much quicker with Ripple than cryptocurrencies like Bitcoin.

We will set up all the systems provided by a normal financial institution such as anti-money laundering and security control systems.

Managed office operations and work flow, office staff, recruitment, and performance Management and training or development of specialty practice Enabled excellent customer service in a medical institution and made sure that all patients are well attended Provided support and performed regular QA reviews for client intake, registration and scheduling functions Provide required leadership, support and direction for office initiatives and special projects Built financial model for new business unit Developed and enforced new policies Reduced and controlled expenses by creating kanban, managed overtime and temp labor.