Sentences with phrase «financial authorities on»

The integration of bitcoin by a major commercial bank in South Korea will likely lead to the imposition of regulatory frameworks by local financial authorities on bitcoin and cryptocurrency businesses, which will further increase the demand for bitcoin from the traditional finance industry.

Not exact matches

«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.
The company had to halt operations on Feb. 10 after it was hit with financial penalties for operating as an Internet - based tech platform rather than as a transportation company, which Taiwanese authorities have said was a misrepresentation of its business.
Policy on exchanges: Legal, need to register with the Swiss Financial Market Supervisory Authority.
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.
Other pain points included drug pricing and how approving more generics may affect costs (Gottlieb parried that question by noting the FDA doesn't have the authority to negotiate prices or consider pricing when approving a drug) and his alleged softness on opioid drug makers due the aforementioned financial ties and pro-industry ideology (the nominee noted that he considers opioid addiction and overdoses a public health crisis «on the order of Ebola and Zika»).
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.
The arrests follow a purge that has seen more than 80 executives at PDVSA and its suppliers jailed for alleged corruption as the state firm's new chief, Major General Manuel Quevedo, has sought to stamp his authority on the sector - the financial lifeblood of Venezuela's unraveling socialist government.
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.
Britain's Financial Conduct Authority (FCA) said it needs to dedicate # 30 million of spending to deal with the impact of Brexit on the financial Financial Conduct Authority (FCA) said it needs to dedicate # 30 million of spending to deal with the impact of Brexit on the financial financial services.
But authorities are proceeding cautiously and keeping liquidity broadly supportive to avoid any sharp drag on the world's second - largest economy or excessive financial market volatility.
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.
ABUJA, March 7 - Nigeria's parliament passed legislation on Wednesday meant to help authorities tackle money laundering and funding for terrorism by allowing its financial intelligence unit to operate free of state control.
The «Deal or No Deal» presenter said on his website he has «obtained» the Financial Conduct Authority (FCA) report, which the regulator has refused to make public.
«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.
Brokerage firms are sensitive about discussing sales incentives as the U.S. Securities and Exchange Commission considers imposing a higher standard of customer care on their sales practices and the Financial Industry Regulatory Authority is warning the firms to vet potential hires more carefully.
On January 18, the European Securities and Markets Authority (ESMA), a pan-EU financial regulator, announced the beginning of a consultation period during which it will consider possible restrictions on cryptocurrency derivatives, specifically contracts for difference (CFDsOn January 18, the European Securities and Markets Authority (ESMA), a pan-EU financial regulator, announced the beginning of a consultation period during which it will consider possible restrictions on cryptocurrency derivatives, specifically contracts for difference (CFDson cryptocurrency derivatives, specifically contracts for difference (CFDs).
The U.K.'s Financial Conduct Authority (FCA) has imposed fines totaling more than # 1.1 billion ($ 1.7 billion) on Citibank, HSBC, JPMorgan Chase Bank, The Royal Bank of Scotland and Switzerland's UBS,...
On March 29, 2018, the United Kingdom's financial markets regulator, the Financial Conduct Authority (FCA), issued a warning about Olsson Capital, an unlicensed foreign exchange and broker of cryptocurrency contracts for differences (CFDs) based in Sofia, financial markets regulator, the Financial Conduct Authority (FCA), issued a warning about Olsson Capital, an unlicensed foreign exchange and broker of cryptocurrency contracts for differences (CFDs) based in Sofia, Financial Conduct Authority (FCA), issued a warning about Olsson Capital, an unlicensed foreign exchange and broker of cryptocurrency contracts for differences (CFDs) based in Sofia, Bulgaria.
In its report in September, the Financial Action Task Force said that in some cases, the Singaporean authorities did not know enough about what was going on at Le Freeport, given the risks.
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.
These included updates on compensation - related regulations and guidance issued by the Board of Governors of the U.S. Federal Reserve System (Federal Reserve Board) and other U.S. federal banking regulators, the Financial Stability Board, the United Kingdom Financial Services Authority and other regulators around the world.
Hensarling and other Dodd - Frank critics have called that ability — known as «orderly liquidation authority» — a bailout, even though any taxpayer money used is supposed to be recouped from the sale of the company's assets or an assessment on the financial industry.
On September 12, 2017, the United Kingdom's Financial Conduct Authority issued a warning to consumers about the risks associated with investing in token offerings (ICOs).
On Tuesday, the Financial Conduct Authority published a warning about the risks of token offerings, which it called «very high - risk, speculative investments.»
Tesla's bonds dropped 4.5 cents on the dollar to 86.5 cents at 12:02 p.m. in New York, according to Trace, the bond price reporting system of the Financial Industry Regulatory Authority after reaching their lowest price ever earlier Wednesday.
The Bureau of Consumer Financial Protection (CFPB) was formed on that day and their authority includes the handling of consumer complaints related to certain consumer protection laws for banks greater than $ 10 billion.
Some firms are real anal about it, wanting signed signed statements from «licensed financial authorities», but others can be as lax as relying on a screenshot show the total of all your accounts at Personal Capital, etc..
(The website of the company she started offers to trade on behalf of clients; neither Ms. Berwick nor the firm is registered as an investment adviser with the Securities and Exchange Commission or the Financial Industry Regulatory Authority.)
«I don't think bitcoin is prevalent enough at the moment to be a systemic threat in the way we experienced during the financial crisis other threats; it needs watching carefully but I don't think we're there yet,» said Andrew Bailey, chief executive of the Financial Conduct Authority, during a Thursday interview on BBC's Nfinancial crisis other threats; it needs watching carefully but I don't think we're there yet,» said Andrew Bailey, chief executive of the Financial Conduct Authority, during a Thursday interview on BBC's NFinancial Conduct Authority, during a Thursday interview on BBC's Newsnight.
On March 8 and 9, Japan's Financial Services Authority (FSA) hosted a roundtable where representatives of central banks, financial regulatory bodies, and academic institutions were invited to discuss issues pertaining to blockchain teFinancial Services Authority (FSA) hosted a roundtable where representatives of central banks, financial regulatory bodies, and academic institutions were invited to discuss issues pertaining to blockchain tefinancial regulatory bodies, and academic institutions were invited to discuss issues pertaining to blockchain technology.
The Prime Rate and the LIBOR are set based on financial markets, economic conditions, and the ways the setting authority wants to pursue monetary policy.
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.
The crowdfunding portals will most likely be self - policed by Wall Street's industry - funded watchdog, the Financial Industry Regulatory Authority, which unveiled its own parallel set of proposed rules on Wednesday.
Referring to the decision, a spokesman for Sweden's Financial Supervisory Authority said that «every institution must decide on the details of their internal regulations specifying the rules for their employees» investments and trading,» suggesting that the regulatory agency does not intend to interfere in Nordea's decision, nor act against similar moves that may be taken by other companies.
In cases that are not so obvious, the agency said that investors can run free background checks on ICO providers through BrokerCheck on the Financial Industry Regulatory Authority's website.
On the fiscal side, the authorities can cut taxes or increase spending to support income and demand during the deleveraging phase that follows the financial crisis.
Ken Bentsen, president and CEO of SIFMA, noted on the call that while all of the trade groups represent members nationwide, about 27,000 advisors in Texas are registered with the Financial Industry Regulatory Authority and that Texas ranks third in the U.S. in terms of the number of advisors and fourth in the number of broker - dealers, which «underscores the fact that this is a Main Street issue.»
The Maltese Financial Services Authority has published an analysis of how digital assets that are maintained on distributed ledgers are defined under current financial legFinancial Services Authority has published an analysis of how digital assets that are maintained on distributed ledgers are defined under current financial legfinancial legislation.
The UK cryptocurrency community is calling on the Government and the Financial Conduct Authority to toughen up rules governing the trading of virtual currencies and to issue licenses to firms which demonstrate compliance.
Mohrman - Gillis also noted that to help investors navigate the myriad advisor designations, the CFP Board plans to release soon an analysis it performed comparing and contrasting the 140 designations on the Financial Industry Regulatory Authority's website, many of which are «essentially meaningless» designations.
But all those connections, according to a U.K. Financial Conduct Authority report earlier this year, were merely «intermediaries that traded on behalf of undisclosed underlying clients.»
In the U.K., The Financial Conduct Authority (FCA) is working on a discussion paper for digital currencies with the Treasury Committee and...
Indonesia's financial services authority (OJK) is working on new rules for online money lenders, The Jakarta Globe reported earlier this week.
The Financial Services Authority (OJK) said it was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimizing the risk of defaults.
The Financial Services Authority, Indonesia's financial services regulator known as the OJK, is preparing a regulation that would allow local financial technology companies to lend money directly to customers to provide more financing choices for the public, its senior officials said on TuesdayFinancial Services Authority, Indonesia's financial services regulator known as the OJK, is preparing a regulation that would allow local financial technology companies to lend money directly to customers to provide more financing choices for the public, its senior officials said on Tuesdayfinancial services regulator known as the OJK, is preparing a regulation that would allow local financial technology companies to lend money directly to customers to provide more financing choices for the public, its senior officials said on Tuesdayfinancial technology companies to lend money directly to customers to provide more financing choices for the public, its senior officials said on Tuesday (14/02).
While it may seem as though Chinese authorities have started to get a grip on shadow banking, Moody's also warns that the ability of the formal financial system to replace shadow credit lines «may not be a perfect substitute».
The Monetary Authority of Singapore also signaled their intention to encourage banks to consider the many applications of the blockchain in the financial sector where distributed ledger systems may potentially be «applied in any area which involves contracts or transactions that currently rely on trusted third parties for verification».
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