Sentences with phrase «financial authority said»

In a press - release, posted on social media, the central financial authority said clearly that no plans were in place to issue a new crypto.

However, the financial authority said, as its anonymity makes it handy for criminals and its volatility endangers the users, the public should be warned «about possible risks accommodated by bitcoin and similar virtual monies.»

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

The government plans to require cryptocurrency exchanges to share users» transaction data with banks, in a potential move to impose taxes on the transactions, an official at financial authorities said on Jan. 21.

Cryptocurrency investors in South Korea will be fined for refusing to convert their virtual accounts into real - name ones, financial authorities said Sunday.

The country's financial authorities say that these instruments should be offered in Thailand and one company is already offering them to their customers.

South Korean financial authorities said Sunday that cryptocurrency investors must change anonymous virtual accounts to ones attached to their identity or face penalties.

SEOUL, Jan. 21 (Yonhap)-- The government plans to require cryptocurrency exchanges to share users» transaction data with banks, in a potential move to impose taxes on the transactions, an official at financial authorities said Sunday.

yro.slashdot.org - An anonymous reader shares a report: Cryptocurrency investors in South Korea will be fined for refusing to convert their virtual accounts into real - name ones, financial authorities said Sunday.

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.

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.

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.

Adam Szubin, acting under secretary for terrorism and financial intelligence, said Washington expected other governments and financial authorities to make similar moves to prevent Pyongyang from «abusing» global financial institutions to support its development of weapons of mass destruction and ballistic missiles.

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.

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.

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.

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 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.

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.

«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.

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.

«The bank plays an important role in supporting financial stability within its existing scope of authority,» Mr. Flaherty said.

In its circular, the RBI had said that financial institutions and banks under its authority can no longer deal with cryptocurrency exchanges and other related services.

Broker - dealers should be «nervous» if they don't have policies and procedures in place before the Department of Labor fiduciary rule's first deadline hits next April, Timothy Hauser, one of the chief architects of the rule, said Tuesday at a Financial Industry Regulatory Authority conference in Washington.

British financial authorities have concluded their investigation and notified Mr. Ford that they plan to take enforcement action, a spokesman for the British Financial Conduct Authority said in an email to Tfinancial authorities have concluded their investigation and notified Mr. Ford that they plan to take enforcement action, a spokesman for the British Financial Conduct Authority said in an email to TFinancial Conduct Authority said in an email to The Times.

U.K. financial watchdog halts trading in WideCellsThe U.K. Financial Conduct Authority said Thursday that it has suspended trading in WideCells Group PLC (WDC.LN) to protect investors and keep markets operating financial watchdog halts trading in WideCellsThe U.K. Financial Conduct Authority said Thursday that it has suspended trading in WideCells Group PLC (WDC.LN) to protect investors and keep markets operating Financial Conduct Authority said Thursday that it has suspended trading in WideCells Group PLC (WDC.LN) to protect investors and keep markets operating smoothly.

The company plans to launch its first fund in July, he said, pending final approval from Switzerland's Financial Market Supervisory Authority (FINMA).

What's more, the financial watchdog said that PlexCoin is an illegal security under U.S. regulation because it failed to register with the appropriate authorities.

«The Greek authorities reiterate their unequivocal commitment to honor their financial obligations to all their creditors fully and timely,» the Eurogroup statement said.

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).

Some would argue that by acting cautiously on balance sheet normalization (without actively countering impacts of ECB policy measures), Fed policymakers have partially ceded control of financial conditions to foreign monetary authorities, but the same can be said about other central banks as well, for long - term rates are correlated among advanced economies:

Recent moves by the Monetary Authority of Singapore to strengthen cooperation with China could help to increase adoption of offshore renminbi by financial institutions, de Courcy says.

Citing figures by the Financial Conduct Authority which show 40 per cent of UK adults have less than # 100 in savings, Just Finance says problems with managing finance are becoming «a mainstream issue».

Giving evidence to MPs on the parliamentary commission on banking standards today, Martin Wheatley — the chief executive designate of the Financial Conduct Authority — said «our culture went away from being about service to consumers».

The chancellor said the Financial Conduct Authority (FCA) would have to «go away and decide what is the best form of cap» after the Treasury's decision to adopt a strategy minister Mark Hoban had dismissed as unnecessary earlier this year.

The Federation of Small Businesses (FSB) has said that the banks need to take swift and decisive action to compensate the businesses caught up in the mis - selling scandal, after the Financial Services Authority (FSA) reports that 90 per cent of these complex products were mis - sold.

A 61 - year - old cab driver posted on Facebook early today that city and state politicians were to blame for his financial ruin — then pulled up to the gates of City Hall and shot himself dead with a shotgun, authorities said.

One of Miller's biggest bones of contention is the Metropolitan Transportation Authority payroll tax, which he says is placing an undue financial burden on area businesses.

«As I said in the House of Commons on Monday, we've been working closely with the governor of the Bank of England, with the Financial Services Authority and financial institutions to put the banks on a longer - term soundFinancial Services Authority and financial institutions to put the banks on a longer - term soundfinancial institutions to put the banks on a longer - term sound footing.

Kaiman, who announced last Sunday he would leave his state posts as chairman of the Nassau Interim Finance Authority and special adviser to Gov. Andrew M. Cuomo on storm recovery to run for the congressional seat held by retiring Rep. Steve Israel (D - Huntington), said he was not familiar with the scope of Terry's financial problems.

The state will pay for the new projects and improvements on infrastructure by using existing state, Metropolitan Transportation Authority, Port Authority and financial settlement funds from banks, Cuomo said.

Government spokespeople say that this is all about evidence and procedure — it's all part of their «step - by - step» plan for the new regulatory body the Financial Conduct Authority It has happened now, they say, because of «growing evidence» from abroad that a cap can be successful in bringing down prices and protecting consumers.

He says that earlier in 2007 the Treasury and the Financial Services Authority (FSA) told ministers that there were no powers in law to take control of a failing bank.

The group's sales contract with the convention center authority has a closing date of May 15 but can be extended depending on whether they are able to get financial assistance, Reginelli said.

Laricchiuta said the union preferred Martins» plan to end a financial control period imposed by the Nassau Interim Finance Authority within two years.