Sentences with phrase «financial regulators say»

Japan's financial regulator said on Friday it had ordered all cyrptocurrency exchanges to submit a report on their system risk management.

New York financial regulators said an insurance program for members of the NRA violates state law, and have imposed a $ 7 million fine on the broker who arranged it.

-- A report from the federal consumer financial regulator says the CARD Act has cut gotcha - type fees, but other problems continue, and need to be addressed... (See CARD Act report)

According to Reuters: «Japan's financial regulator said on Friday it had ordered all cryptocurrency exchanges to submit a report on their system risk management, following the hacking of over half a billion dollars of digital money from Coincheck.»

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 two financial regulators said they would also back resolutions to review company registrations.

South Korea's financial regulators said on Wednesday they will jointly carry out inspections on local banks» operations with cryptocurrency exchanges to check their compliance with anti-money laundering (AML) guidelines.

I thought about this on Sunday when one of China's financial regulators said blockchains need more centralization.

At a blockchain conference in Beijing, one of China's financial regulators said that blockchains need more centralization.

Not exact matches

Commonwealth Bank of Australia chief executive Ian Narev has admitted the bank «made mistakes» in failing to report money laundering but defended his leadership, saying he is «motivated» to help restore trust and that problems identified by Australia's financial transactions regulator don't reflect cultural shortcomings under his watch.

Julie Dickson, superintendent of Canada's chief banking regulator (the Office of the Superintendent of Financial Institutions, or OSFI), said in a recent speech that although most banks already have real estate underwriting policies, «we had noticed cases where board approved policies were not being followed.»

Former financial regulator Bart Chilton says if bitcoin's wild swings happened on his watch, he would've launched an investigation.

Oliver said foreign governments had long looked upon Canada's system of 13 separate provincial and territorial regulators with «bemusement» at a time of global financial markets.

Accenture's head of financial services said that the prototype will make blockchain more attractive to financial services providers and regulators, and encourage their uptake of blockchain technology.

China said it will merge its banking and insurance regulators, in a long - awaited move to streamline and tighten oversight of the financial system in the world's second - biggest economy.

In the past year, Canadian securities regulators have raised the bar for exempt - market dealers, requiring them to be registered and bonded, issue an offering memorandum with every deal and provide audited financial statements to investors annually, says Sand, who supports this new layer of assurance.

The JPMorgan CEO said that his bank was «under assault,» and questioned whether the increased scrutiny by regulators of banks since the financial crisis has gone too far.

The federal banking regulator, the Office of the Superintendent of Financial Institutions, also last summer said it was reviewing domestic retail sales practices at Canada's key banks, focusing on «risk culture» and «the governance of sales practices.»

Democrats said those longstanding financial relationships represented a conflict of interest for Dourson and Wehrum as they become the regulators of their former corporate clients.

China's regulators moved to ban ICO in 2017, saying the practice involved financial scams and other illegal activities.

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.

Because of its problems with regulators, Zenefits says that Parker has agreed to step down and let Sacks, who has experience navigating complex financial regulations as PayPal's former COO, to take over as Zenefits» CEO.

Companies are looking for someone in the role who can handle business ups and downs, stand up to more intense scrutiny from shareholders, and in the case of financial service firms, regulators, said Branthover.

China's financial system is plagued by unlicensed financial activity and illegal fundraising, thanks to a system of corrupt regulators colluding with wrongdoers, said Xu Jia'ai, the newly appointed head of discipline at China's central bank, this week.

«The financial performance of the community banks shows that Congress and the regulators, I think, have done a pretty good job of tailoring the rules to protect community banks,» Warren said.

«I think psychologically, after going through the financial crisis, banking regulators and examiners have reacted in a way where their relationship has changed with the banks they supervise,» said Brian Gardner, a policy analyst at Keefe, Bruyette & Woods.

The head of Britain's financial market regulator said on Friday that bitcoin is not a real currency and warned people could lose all their money if they invest.

Last week, the China Securities Regulatory Commission denied a report in Caijing, a respected Chinese financial news outlet, which had said the regulator was considering how to begin removing its supports for share prices.

Henrico County - based Genworth Financial Inc. said Tuesday it will take steps to address its upcoming debt maturity of about $ 600 million as it again seeks approval from government regulators to be acquired by a China - based company.

An official with Japan's financial regulator has said that it will not allow the sale of cryptocurrency futures on the country's exchanges any time soon, though it may revisit the matter later.

Ravi Menon, chief of the city state's top financial regulator, has said that 1MDB showed Singapore can do better.

France's financial markets regulator has said that online platforms which support cryptocurrency derivative trading must receive approval to offer such services, report trades to a central repository, and may not advertise their digital asset derivatives.

Henrico County - based Genworth Financial Inc. said Tuesday it will take steps to address its upcoming debt maturity of about $ 600 million as it again seeks approval from government regulators to be acquired by a China - based company.

Chief Financial Officer Jason Hollar quickly dismissed concerns, saying that the language was required by regulators but that Sears was focused on turning itself around and was still «a viable business that can meet its financial and other obligations for the foreseeable futurFinancial Officer Jason Hollar quickly dismissed concerns, saying that the language was required by regulators but that Sears was focused on turning itself around and was still «a viable business that can meet its financial and other obligations for the foreseeable futurfinancial and other obligations for the foreseeable future.»

In early deliberations over the financial regulatory plan known as Dodd - Frank, Summers captured the president's imagination with a colorful analogy that emphasized the need for a new agency to protect consumer interests, saying banking regulators could not be trusted to do the job, according to participants in the meeting.

«The regulator probably thinks the market slump this time hasn't impacted the broader financial system, or they think the situation is still controllable,» said Xue Hexiang, a senior strategist of Huatai Securities Co..

The company, which is behind the XRP currency, said regulators should focus on anti-money laundering (AML), consumer protection and financial stability.

In a statement issued by Autorite des Marches Financiers (AMF), the nation's financial market watchdog, regulators said they had noticed a growing trend in unregulated futures and derivatives trading involving cryptocurrency.

Franzel, in a speech at the American Accounting Association annual meeting in early August said that, despite the fact auditors have been making some progress in improving their audits of internal controls over company financial reporting, the regulator continues to see auditors having trouble meeting the standards and some firms still have significant work to do to meet the requirements of PCAOB auditing standards.

The initiative stemmed from work led by the Financial Stability Board, a body that coordinates the work of international financial regulators,Financial Stability Board, a body that coordinates the work of international financial regulators,financial regulators, he said.

The economic zone regulator is also looking at putting up a blockchain and financial technology university in the economic zone to provide workers for the companies, Lambino said.

«Recovery plans required of the largest banks are helpful in ensuring banks and regulators are prepared to manage periods of severe financial distress or instability affecting the banking sector,» he said.

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.

A spokesperson for OSFI said the regulator is unable to discuss individual financial institutions it regulates and supervises.

The French financial regulator i.e. Autorité des Marchés Financiers or AMF has said that they will be waiving the ban off Binary Options, CFD, and Forex trading broker 24option.com.

The U.S. derivatives regulator will hold two meetings to discuss the procedure and operational controls for listing and trading digital currency futures, it said on Thursday, amid rising concerns over the risks bitcoin poses to the financial system.

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).

She said it was more important to create a new robust regulator that has the confidence of financial markets than to move quickly.

Japanese cryptocurrency exchange BitFlyer says it will revise its know - your - customer procedures after criticism from a financial regulator.

The regulator also said that Uber needed to collectively pay its drivers nearly 20 million pesos daily as financial assistance during the suspension period.