For policymakers, risk is perhaps the most important element of the massive drift of
financial activity from banks to other types of firms.
A poignantly appropriate symbol for the separation of
financial activity from the moral values that once informed it is the configuration of the old Protestant establishment's shrine, Harvard University.
Not exact matches
The term «shadow banking» encompasses a huge range of
financial activities and organizations — everything
from hedge funds to credit unions.
These risks and uncertainties include, among others: the unfavorable outcome of litigation, including so - called «Paragraph IV» litigation and other patent litigation, related to any of our products or products using our proprietary technologies, which may lead to competition
from generic drug manufacturers; data
from clinical trials may be interpreted by the FDA in different ways than we interpret it; the FDA may not agree with our regulatory approval strategies or components of our filings for our products, including our clinical trial designs, conduct and methodologies and, for ALKS 5461, evidence of efficacy and adequacy of bridging to buprenorphine; clinical development
activities may not be completed on time or at all; the results of our clinical development
activities may not be positive, or predictive of real - world results or of results in subsequent clinical trials; regulatory submissions may not occur or be submitted in a timely manner; the company and its licensees may not be able to continue to successfully commercialize their products; there may be a reduction in payment rate or reimbursement for the company's products or an increase in the company's
financial obligations to governmental payers; the FDA or regulatory authorities outside the U.S. may make adverse decisions regarding the company's products; the company's products may prove difficult to manufacture, be precluded
from commercialization by the proprietary rights of third parties, or have unintended side effects, adverse reactions or incidents of misuse; and those risks and uncertainties described under the heading «Risk Factors» in the company's most recent Annual Report on Form 10 - K and in subsequent filings made by the company with the U.S. Securities and Exchange Commission («SEC»), which are available on the SEC's website at www.sec.gov.
Both
activities are highly like to be automated and could affect industries,
from retail to
financial services and insurance.
Now, with the relatively recent string of primary dealer failures (Countrywide, Bear Stearns, Lehman, Merrill, and now MF Global), a rational observer might think the NY Fed had moved to beef up surveillance
activities designed to protect the
financial system
from excessive risk taking at primary dealers.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including
financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel,
financial condition of commercial airlines, the impact of weather conditions and natural disasters and the
financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring
activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing
activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services
from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal
from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective
financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Since the start of 2017, Chinese regulators have announced a slew of steps to coax
financial institutions to reduce riskier
activity and leverage, targeting everything
from interbank lending levels to bond trading, negotiable certificates of deposit and entrusted loans.
«If you look at the password, it's not even technology... it's a process that's left over
from the horse and buggy era, and we're using it to protect our
financial information, our health information, our online
activities,» he says, exasperated.
It requires that «no person in the United States shall, on the basis of sex, be excluded
from participation in, be denied the benefits of, or be subjected to discrimination under any education program or
activity receiving federal
financial assistance.»
In May last year, the FCA banned John Christopher Hughes «
from performing any function in relation to any regulated
activity in the
financial services industry for failings related to the $ 2.3 billion unauthorised trading losses by another trader Kweku Adoboli.»
For calendar years 2010 - 2017, I have received
financial support for research
activities totaling over $ 5000
from:
Investors and securities markets continue to benefit
from common - sense reforms enacted in the wake of the
financial crisis, including policies that increase transparency regarding the
activity of advisers to private funds, enhance systemic stability, minimize conflicts of interests, and hold bad - actors accountable.
Senior
financial supervisors
from seven countries (collectively, the Senior Supervisors Group) today issued a report that assesses how firms manage their credit default swap
activities related to the settlement of credit derivatives transactions terminated by the occurrence of a credit event.
On the orders of a multi-agency task force, regional authorities have been instructed to «actively guide» firms currently mining bitcoin in their region away
from the
activity, according to documents reviewed by The
Financial Times.
While
financial markets have been turbulent, the recent data on economic
activity suggest that the global economy is continuing to recover
from the sharp downturn in late 2008 and early 2009.
The document also notes that mining efforts counteract the government's attempts to prevent
financial risks and to discourage
activities that «deviate
from the needs of the real economy.»
For instance, the New York Federal Reserve has an inflation measure, the Underlying Inflation Gauge (UIG), that aims to capture sustained movements in underlying inflation
from a broad set of price, real economic
activity, and
financial data.
The «bring forward»
activity simply borrowed work
from the 2000/01 year and brought it into the 1999/2000
financial year.
Australia is a long way
from the big population centres of the world, and therefore
from the customers that ultimately drive
financial activity.
From 1990 to 1992, Mr. Lomasky was the controller of Drexel Burnham Lambert and from 1989 to 1990, he was the Chief Financial Officer of European activities for Drexel Burnham Lamb
From 1990 to 1992, Mr. Lomasky was the controller of Drexel Burnham Lambert and
from 1989 to 1990, he was the Chief Financial Officer of European activities for Drexel Burnham Lamb
from 1989 to 1990, he was the Chief
Financial Officer of European
activities for Drexel Burnham Lambert.
A more narrow measure in the report, used to indicate shadow banking
activity that may give rise to
financial stability risks, grew to $ 34 trillion in 2015, up 3.2 %
from the prior year and excluding data
from China.
And, testifying under oath, Summers, now the president of Harvard, dismissed the adverse consequences of his friends» frisky
financial behavior: «I had enough knowledge of Russian mores and Russian practices and Russian views
from the conversations that I had with Chubais and Vasiliev [senior Russian officials] to be confident that the set of issues contained the allegations were not issues that were consequential for them; and indeed that they would have, in part, valued advisers more extensively if they were more involved in actual private - sector
activities.»
It's not surprising that general partners and their respective limited partners want to keep this
activity quiet — an LP interest transfer resulting
from a very practical reason could unnecessarily be misconstrued as a vote of no confidence by the LP or a signal of an LP's poor
financial health.
The world's 50 biggest investment banks made revenue of $ 1.6 billion
from trading, selling derivatives and other
activities in metals last year, compared to $ 1.4 billion in oil, according to Coalition, a
financial industry analytics firm.
Not one executive of any major Wall Street firm that caused the
financial crash in 2008 through fraudulent
activities was prosecuted by the U.S. Justice Department — which was headed at the time by law partners
from Covington & Burling — the Big Tobacco law firm that was singled out in a Federal Court decision for hiding the deadly effects of cigarette smoke for decades.
Importantly, the payment difficulties do not stem
from oil revenues, but largely
from tourism and
financial activity, as those are Dubai's chief industries (Dubai is home to the tallest building and the largest man - made islands in the world, for example).
She brings extensive operational and growth expertise gleaned
from her corporate innovation and acceleration
activities working with 100s of
financial institutions.
Budget: The outline of the
financial performance that will result
from the company's
activities.
Activity on Binance had declined after Japan's
financial watchdog suspended the exchange
from operating domestically.
Moreover preventing
financial institutions
from diversifying into multiple
activities can actually make them more likely to fail.
Experts in the industry have also noted that revenue growth was hindered in the early part of the period as the industry was reluctant to bounce back
from the
financial crisis and subsequent recession of the prior period that made stock markets and business
activities to dramatically contract.
This caused a collapse of confidence, a disengagement
from financial and business
activity and a much more cautious attitude to spending.
Given its broad potential impact on
activities from contracts to identity management, agencies tasked with diverse operations,
from financial markets oversight to border patrol, need to monitor Bitcoin's evolution.
Tighter
financial conditions will be factored in, knocking off 10 - 20bp
from GDP growth projections, but the staff should keep a scenario of improving domestic demand underpinning
activity beyond 2016.
Consumption by the shareholder groups, those who live completely or partially
from financial revenues - interest
from bonds or dividends
from shares - can support demand and economic
activity in the United States or in some other «shareholder countries», the source - countries for massive capital investments.
But now even these goals are becoming remote
from financial activity.
Still in draft form, the Code of Conduct commits signatories to faithful compliance with Charitable Choice; to straightforward and consistent communication about their religious identity among their volunteers, service beneficiaries, donors and government partners; to refraining
from using government funding for «confessional
activities»; to winsome and gentle witness; to love of neighbor; to freedom
from religious coercion; to nondiscrimination toward program participants; to faithfulness to their mission; to credible and objective evaluation procedures; to avoidance of «turf wars» with other FBOs and nonprofits; and to rigorous
financial accountability.
Legal requirements for accessibility to institutions which receive federal funds are listed in Section 504 of the Rehabilitation Act of 1973; it states that «no otherwise qualified handicapped individual... shall, solely by reason of his handicap, be excluded
from the participation in, be denied the benefits of, or be subjected to discrimination under any program or
activity receiving federal
financial assistance.»
This encompasses reviewing the output / outcomes
from the previous year's
activities and investments, evaluating MLA's performance, setting strategic priorities and budget allocations for the upcoming
financial year and importantly, setting key performance indicators.
To help families facing tough
financial decisions around paying for kids»
activities, we gathered advice
from parents and experts who have experienced these dilemmas firsthand:
«Until it does so, the department will not achieve the value for money it needs
from its
financial management
activities.»
''... that all Member States shall immediately take the necessary measures to prevent the direct or indirect supply, sale or transfer to the Libyan Arab Jamahiriya,
from or through their territories or by their nationals, or using their flag vessels or aircraft, of arms and related materiel of all types, including weapons and ammunition, military vehicles and equipment, paramilitary equipment, and spare parts for the aforementioned, and technical assistance, training,
financial or other assistance, related to military
activities or the provision, maintenance or use of any arms and related materiel, including the provision of armed mercenary personnel whether or not originating in their territories...»
For Tomasi economic liberties appear to include a right to hold productive property; a right to engage in commercial contracts in one's interest, including a right to sell one's own labor on one's own terms; a right to make one's own decisions about savings and long - term
financial planning; and, in general, a right to benefit
from one's own economic
activity.
«Sending out strong advance signals to prospective families that if their child obtains a place at the school they will be expected to make significant
financial contributions to school funds, requirements to purchase uniforms
from expensive sole suppliers and charging for educational
activities are all strategies of covert selection.
Financial activity and information sectors saw average wages jump by more than 25 percent
from 2009 to 2014.
Low - January 11th: Robinson scandal - DUP leader Peter Robinson was forced to temporarily stand down
from his role as first minister after the scandal about his wife Iris Robinson's
financial and sexual
activities with a 19 - year - old broke.
It's clear
from the survey that funders generally view
financial support as the most potent aspect of a grant when it comes to helping young scientists develop their careers, but the report also points out that «[a] bout half of the schemes contain some form of career development features, for example career planning, networking
activities, travel grants for interviews, supervision, mentoring, training and alumni events.»
FULL DISCLOSURE POLICY AFFECTING CME
ACTIVITIES As a provider approved by the Accreditation Council for Continuing Medical Education (ACCME), Johns Hopkins University School of Medicine Office of Continuing Medical Education (OCME) requires attested and signed global disclosure of the existence of all
financial interests or relationships with commercial interest
from any individual in a position to control the content of a CME
activity sponsored by OCME.
The moral of this sort of story is to ignore messages
from anyone asking to involve you in any sort of
financial activity.