Sentences with phrase «encouraging financial innovations»

«Some shadow banking products are not transparent, and regulatory measures tend to end up encouraging financial innovations for evading tighter regulations,» said Moody's.
«It is important to encourage financial innovation to raise funds to support the development of the belt and road.»
It is the policy of the central bank to provide an environment that encourages financial innovation while at the same time ensure that the Philippines will not be used for money laundering or terrorist financing activities and that the financial system and financial consumers are adequately protected.

Not exact matches

A universal basic income system would be unconditional, which he says would encourage innovation and entrepreneurship, since people who otherwise wouldn't be able to take financial risks would have the freedom to do so.
In its ruling, the agency also suggested it's looking for a way to encourage the promise of blockchain - based financial innovation — described in papers like this highly - cited one by venture capitalist Balaji Srinivasan — while also protecting investors from scammers.
«We actively encourage innovation by supporting those businesses looking to develop and introduce innovative ideas into the market,» said Samantha Barrass, chief executive of the Financial Commission.
«This fintech pilot is part of the Bank's Strategic Plan 2017 - 2021... As the ECCB promotes the safety and soundness of the financial system in the ECCU, it also has a responsibility to encourage and support innovation... To that end, blockchain technology merits our attention and consideration at this time.»
The PBOC must carefully consider how to maintain financial stability, encourage innovation, and properly supervise the issuance and circulation of these new currencies.
Nov 20, 2017: NCFA Canada Welcomes Competition Bureau's recommendations to encourage competition and innovation in Canada's financial services sector
This result should encourage banks to develop more financial innovations, he added.
8.3 promote development - oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage formalization and growth of micro -, small - and medium - sized enterprises including through access to financial services
Policies are being implemented to encourage development of net zero buildings, including: increased energy requirements in the BC Building Code, the development of Stretch Codes, and creating innovation opportunities and financial incentives for advanced, energy efficient buildings.
In his 17th book: Bitcoin & Gold: Information Theory of Money, Gilder advances his view of the existence of a disconnection between the needs of players in the global financial markets and the requirement for a stable economy to encourage innovation.
«As the ECCB promotes the safety and soundness of the financial system in the ECCU, it also has a responsibility to encourage and support innovation consistent with the Bank's mandate to facilitate the balanced growth and development of member countries.
This is cause for relief among the country's Bitcoin community and makes Canada one of the world's most forward - looking countries in encouraging innovation in new financial technologies.
Overall, the preamble emphasizes the BSP's position around encouraging innovation and financial inclusion - a welcome, if somewhat perfunctory, statement in light of what else the circular contains.
«We encourage Fintech, we encourage innovation, but we want to make sure that all of our financial markets are safe and aren't being used for illicit activities,» said Steven Mnuchin, U.S. Treasury Secretary.
We encourage fintech, we encourage innovation, but we want to make sure that all of our financial markets are safe and aren't being used for illicit activities.
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