Sentences with phrase «financial authorities in»

South Korean financial authorities in...

South Korean financial authorities in cooperation with Korea Financial Intelligence Unit (KFIU) created a task force to oversee cryptocurrency exchanges and to ensure cryptocurrency businesses are compliant with existing regulations, authorities announced on Jan. 25.

The statement just a day after an official announcement from financial authorities in China classified ICOs as illegal and demanded the refund of related investments to customers.

Fourth, the report praises the decision by financial authorities in the United States to regulate exchanges as Money Service Businesses.

This was particularly notable for OctaFX as while it was already regulated by the financial authorities in Saint Vincent and Grenadines as well as the Caribbean, those are not considered to be strict countries in terms of financial regulation and have a reputation for being very lax in that area.

Over the last six months, financial authorities in the US, Singapore, China, Switzerland and Germany have tightened their policies towards ICOs or issued warnings as tokens are more and more frequently categorized as securities.

More, we find it interesting that while there have been certain highly publicized condemnations of cryptocurrencies, such as J. P. Morgan Chase CEO Jamie Dimon's comment that Bitcoin is a «fraud,» the financial authorities in the west have done little to nothing to shut down the crypto market.

Not exact matches

It is a small part of the world's biggest market and the authorities now have institutions and mechanisms in place to deal with any short - term fallout in financial markets.

• Abu Dhabi Investment Authority, the country's sovereign wealth fund, acquired a minority stake in KKR India Financial Services.

There's a new form of crowdfunding being led by companies such as GrowthFountain that has been made possible by changes in investment rules that the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (Finra) enacted in May 2016.

Thus, extra care should be taken in preparing and presenting the loan application to the banks and prospective financial authorities.

Omeed Malik, a managing director fired by the bank in January, filed a claim this week through the Financial Industry Regulatory Authority.

This decision is crucial in terms of the tax consequences, the authority given to individuals associated with the company, and potential liability (that is, the financial responsibility) for each person connected with the business.

«The minister of finance, supported by the Department of Finance, has ultimate responsibility for the financial system and authority for all financial sector legislation,» he said in a speech in Vancouver in 2009, slamming the door on the efforts of some in Ottawa, including former Bank of Canada governor Mark Carney, to create a more robust system of financial oversight.

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.

Scamsters may also recommend retirees invest in high - risk securities with high fees, according to the Financial Industry Regulatory Authority, Finra, which regulates brokers.

Financial authorities said in 2013 that bitcoin and other digital currencies are not legitimate currencies, according to the Korea Herald.

The French bank Societe Generale hopes to reach settlements with authorities over recent regulatory investigations in the next weeks or months, its chief financial officer told CNBC Tuesday.

The Financial Conduct Authority called crypto assets «high - risk, speculative products,» in a warning to consumers in November.

Indeed, the broader inflation trends shown in Friday's data confirm recent signs of a more sure - footed recovery in the world's second - biggest economy, allowing authorities to resist any fresh monetary easing as they move to curb an unsustainable build up of credit in the financial system.

ROME (AP)-- Italian authorities detained 38 people in a crackdown on a migrant trafficking ring that used a Rome cosmetics shop as a base for illegal financial transactions, officials said Monday.

«In my view, the time is now for Congress to create an authority that would have as its goals both achieving financial stability and a balanced budget for the island,» Williams said, according to the Times.

«With the mini-bond program, for the first time since IDBs were created, I can show a potential borrower an IDB financial analysis that makes a lot more sense than a traditional commercial loan,» says Rick Palank, director of the St. Louis County Economic Authority in Missouri, one of the first offices to implement a mini-bond program.

Since its formation, the task force has made great strides in facilitating increased investigation and prosecution of financial crimes; enhancing coordination and cooperation among federal, state and local authorities; addressing discrimination in the lending and financial markets; and conducting outreach to the public, victims, financial institutions and other organizations.

Britain's Financial Conduct Authority has also warned specifically about the dangers of crypto CFDs, where prices of the underlying asset can fluctuate wildly in minutes.

If your adviser is a broker and overseen by the private Financial Industry Regulatory Authority, the broker has no fiduciary duty to act in your best interest.

Mr Bryan, who has been in a relationship with Ms Wintour since 1999, was also pursued for outstanding Texas property taxes, and has had energy companies he owns in the state chided by local authorities for falling behind on their financial filings.

In any case, it would only have been regulated by what is now called the Financial Conduct Authority (FCA) if it sold to customers in BritaiIn any case, it would only have been regulated by what is now called the Financial Conduct Authority (FCA) if it sold to customers in Britaiin Britain.

Reflecting that tricky balancing act, authorities are already warning China's banks to rein in new lending growth after the strong start to the year, financial magazine Caixin reported late on Monday, citing banking sources.

The U.K. Financial Conduct Authority opened an investigation in 2017 looking at Staley's alleged attempt to find out the name of the employee that wrote a letter raising concerns about the recruitment of a senior official by the bank.

Estonia's financial watchdog had said it suspected Danske Bank's local branch of misleading authorities, adding the agency made inspections at the branch in 2014, during which it found what it called extensive and systematic violations of anti-money laundering rules.

In a lengthy statement given to the ICIJ, a spokesperson insists that the Prime Minister and Palsdottir had «adhered to Icelandic law» and properly disclosed their financial interests to the tax authorities.

The bank in its fourth quarter of 2017 also set aside a reported # 746 million for additional potential legal penalties over a personal protection insurance (PPI) mis - selling scandal, and the U.K.'s Financial Conduct Authority has set an August deadline for the PPI claims.

The UK's Financial Conduct Authority warned in November that cryptocurrency CFDs «are extremely high - risk, speculative products» that «place you at risk of suffering significant losses.»

Russian Deputy Finance Minister Alexey Moiseev told Bloomberg in an interview this week that the authorities hope to recognize bitcoin and other cryptocurrencies as a legal financial instrument in 2018 in a bid to tackle money laundering.

He is a leading authority on cyber security, cyber conflict and the application of technology in national security and writes regularly on cyber issues in the Financial Times and elsewhere.

The SEC, the top securities regulator in the United States, has little authority over privately held companies, which unlike publicly traded companies do not have to register or file financial information with the agency regularly.

Malik this week also filed an arbitration claim against the bank with the Financial Industry Regulatory Authority (FINRA), and he separately plans to file a discrimination complaint against the company in New York state court, according to the report.

«Additional statutory authority is necessary to put the United States in the strongest position to combat bad actors who seek to hide their financial dealings and evade their tax responsibilities.»

«On a day - to - day basis almost all your financial transactions would take place electronically, including invoicing your customers, receiving their payments, and authorizing your own payments to suppliers and tax authorities,» speculates Raymond S. Sczudlo, a partner and banking specialist in the Washington, D.C., office of the law firm Weil, Gotshal & Manges.

China cracked down on cryptocurrencies in September 2017, with authorities banning bitcoin trading and initial coin offerings after the People's Bank of China said such activities could pose major financial risks to the world's second - largest economy.

The FT said in its report that the Financial Conduct Authority (FCA) «has started to take steps to ban him from holding a regulated position in financial serviceFinancial Conduct Authority (FCA) «has started to take steps to ban him from holding a regulated position in financial servicefinancial services.»

The cases, known as the London Whale episode for the outsize nature of the positions, resolved inquiries from four agencies: the Securities and Exchange Commission, the Office of the Comptroller of the Currency, the Federal Reserve and the Financial Conduct Authority in London.

«When we talked to the financial conduct authority in the U.K. and the Hong Kong Monetary Authority, everyone is interested in Bitcoin, everyone is going to regulate Bitcoin in one way or the otheauthority in the U.K. and the Hong Kong Monetary Authority, everyone is interested in Bitcoin, everyone is going to regulate Bitcoin in one way or the otheAuthority, everyone is interested in Bitcoin, everyone is going to regulate Bitcoin in one way or the other.»

The settlements over the trading loss in London — reached with the Securities and Exchange Commission, the Office of the Comptroller of the Currency, the Federal Reserve and the Financial Conduct Authority in London — laid bare a pattern of «deficiencies» in JPMorgan's oversight.

The system collapse could result in TSB paying fines and compensation, while the Bank of England's watchdog the Financial Conduct Authority said it plans to talk to the firm to understand what went wrong.

This Web site has been approved for access in the United Kingdom by J.P. Morgan Securities plc., which is a member of the London Stock Exchange and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and by J.P. Morgan Limited, which is authorised and regulated by the Financial Conduct Authority.

Recognising growing risks in the financial sector, the Chinese authorities took a range of evasive actions to reduce risks in the banking system.

Being at war is worse for a currency than not being at war, whether you're fighting the world's financial authorities for legal validity, or engaged in a guerrilla skirmish as either aggressor or victim.

According to figures from the Financial Conduct Authority, released by the House of Commons» Treasury Select Committee in September, 5,476 UK firms have at least one passport that allows them to do business in other EU and European Economic Area nations.