Sentences with phrase «financial regulators»
Financial regulators are organizations or government entities that are responsible for overseeing and enforcing rules and regulations in the financial industry. They ensure that banks, investment firms, and other financial institutions act in a fair and responsible manner to protect the interests of the public and maintain the stability of the financial system. Full definition
Living in a country known for having some of the toughest financial regulators in the world has its advantages and disadvantages.
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A major reason for the correction of the cryptocurrency market can be the action of financial regulators across the globe.
Early this month, the country's top financial regulators announced their plans to deal with cryptocurrencies.
Also, the market for ICOs is still entirely unregulated, which makes it very risky for investors as no due diligence is conducted by financial regulators on these new investment offerings.
European financial regulators say the new rules will improve investor confidence and strengthen the industry.
They worked for nearly five months to win the necessary license required for operation from financial regulators.
This is also known in part as systemic risk which could be what the Japanese financial regulator defines as system risk.
However, the local financial regulator has no love for initial coin offerings.
The governor of a South Korean financial regulator has said it has «no plans» to supervise cryptocurrency trading.
The sudden announcements come after more closed - door meetings this week from Chinese financial regulators.
Last month, financial regulators announced stricter authentication for opening virtual currency accounts.
Climate change is firmly on the agenda of many financial regulators around the world.
Additional strength in enforcement proceedings before the French financial regulator as well as advice to clients on international criminal investigations and sanctions.
Many financial regulators worldwide have already given statements regarding their stance on cryptocurrencies and their risks.
European financial regulators have been closely watching bitcoin's historic rise, which has lifted other cryptocurrencies generating concerns for financial authorities.
More than a hundred Japanese companies are hoping to obtain a cryptocurrency exchange license from the national financial regulator.
While an individual may decline to participate in a voluntary interview, it may be a factor when financial regulators decide to refer the investigation to the prosecutors.
«There is no possibility» of a global financial regulator position.
The new method would make it possible to create systemic risk profiles for markets and individual institutions, which could prove useful for financial regulators aiming to prevent future crises.
Currently, financial regulators tend to use market - based measures to estimate systemic risk.
After an investigation into the legal ways in which the Dutch financial regulator can prohibit the advertising of such risky products, the status of the industry in the country is unclear.
Of central concern to financial regulators worldwide is how to deal with cryptocurrencies.
As it stands today, thirteen different financial regulators hold sway when it comes to securities compliance instead of a single national regulator.
In response, the Chinese internet financial regulator blocked accounts of several overseas exchanges.
Financial regulators in the country have already supported parliamentary initiatives to officially regulate the status of cryptocurrencies.
The state's top financial regulator has rolled out what are being called the «first - in - the - nation» cyber security protocols for banks and financial services firms.
The growing popularity of some of the best online banks has drawn the attention of financial regulators.
Earlier this year, changes were announced by financial regulators that demanded mortgage lenders hold back a larger portion of money — just in case.
The South Korean government is considering shutting down all virtual currency exchanges or just those violating the law, the boss of the country's financial regulator says.
The Japanese financial regulator has approved one more cryptocurrency exchange, making it the 16th exchange to be licensed.
The governor of a South Korean financial regulator has said it has «no plans» to supervise bitcoin trading, according to a report.
With gains of up to 30 % in a day, the calls for intervention from financial regulators and governments globally increased.
Financial regulators around the world now accept that they must be more aware of their surroundings.
Regulation The French financial regulator has issued a warning and published a list of 15 unauthorized cryptocurrency exchange and investment platforms.
How many financial regulators were fired in 2008 - 2009?
It has barely been 2 months since Tether and Bitfinex reportedly received Subpoenas from US financial regulators as the number of USDT in circulation spiked by over 50 percent.
The payment processor and bitcoin wallet Coinbase will launch a US - based bitcoin exchange called Lunar, which has already been approved by state financial regulators in half of the country, including California and New York, according to the Wall Street Journal publication.
The Monetary Authority of Singapore (MAS) is continuing its push to collaborate with financial regulators around the world to improve Fintech innovation and collaboration.
Meet #cryptodad, a top U.S. financial regulator who's emerged as a cult hero for a crowd that's often suspicious of government bureaucrats: digital coin enthusiasts.
The coin is being planned with the blessing of financial regulators for before the 2020 Olympic Games in Tokyo and is intended to streamline the financial system.
On Tuesday morning at 10 a.m. ET, the Senate Banking Committee will hear testimony from the top two U.S. financial regulators on the opportunities, challenges, and dangers of bitcoin and other cryptocurrencies.
Swiss financial regulator FINMA shut down E-Coin, which it describes as a «fake cryptocurrency,» and suggested that further enforcement action against other players in the field could follow.
This funding will put OFHEO on equal footing with other financial regulators while also helping it pursue its mission of ensuring effective oversight of the Government - Sponsored Enterprises (GSEs).
Mark Branson, chief executive of the Swiss financial regulator FINMA, said on April 7 that it is dealing with a number of money laundering cases that look like «blatant and massive corruption», citing controversies around Brazil's Petrobras and 1MDB as two prominent examples.
The CFPB, as the primary financial regulator of the student loan industry, and the Department of Education, as administrator of federal aid programs, have worked closely to provide consumers with better decision tools.
The official's remarks for caution, while not specifically hostile against the cryptocurrency sector, is in contrast to those offered by Taiwan's financial regulator who have taken a more embracive approach to cryptocurrencies and initial coin offerings (ICOs).
Earlier this month, news circulated that the Chinese financial regulator banned all Initial Coin Offerings and forced cryptocurrency exchanges to shut down their operations until the end of September.
Swiss banking giant UBS has joined efforts with Microsoft, Intel, and the UK financial regulator FCA in a project raising money for research and preventing of HIV with smart securities technology.
Now the concern is that banks won't be able to fund the $ 400 billion worth of CRE loans that need to be refinanced in 2017 alone as financial regulators step up their scrutiny of the sector.