Sentences with phrase «financial reserve required»

Not exact matches

It's now being given more clout and resources to prod countries into implementing financial reforms, especially requiring big banks to bolster their capital reserves.

«In light of what happened with Health Republic, because they were not required to have significant reserves... we should be very careful before we make [insurers] financial situation more precarious.»

According to that review of the non-profit group's financial statements and accounting records numerous concerns emerged such as: non-disclosure of transactions; failure to maintain required reserves; failure to appropriately apply accrual basis of accounting; insufficient monitoring of cash receipts and deposits process; insufficient documentation for disbursements; a lack of control over journal entries, and lack of adequate training for the accounting staff.

These additional adjustments include funds to restore the Self - Insurance Fund to the 2016 level ($ 8 million) and increase the financial reserve to the Board - required 3 % ($ 5.2 million).

the disclosure of certain enumerated events affecting a municipal security; these events include the following, if material: (1) principal and interest payment delinquencies; (2) non-payment related defaults; (3) unscheduled draws on debt service reserves; (4) unscheduled draws on credit enhancements; (5) substitution of credit or liquidity providers; (6) adverse tax events affecting the tax - exempt status of the security; (7) modifications to rights of securities holders; (8) bond calls; (9) defeasances; (10) release, substitution, or sale of property securing repayment; (11) rating changes; (12) failure to provide annual financial information as required; the MSRB, Electronic Municipal Market Access (a.k.a. EMMA) provides free access to municipal disclosures, market data and education

Finally, life insurance companies are legally required to have reserve ratios; like an emergency fund, those reserves are cash on hand to cover their financial obligations.

Requires CEDA's Administrator to: (1) establish an expected loan loss reserve; and (2) use a portfolio investment approach to mitigate risk and diversify investments across technologies and limit to 30 % the amount of financial assistance provided to any one technology.

Carbon Tracker argues that the new Financial Policy Committee, set up to monitor risks and bubbles in the financial system, must urgently address the «carbon bubble» and ensure regulators require greater disclose on reserves and carbon emission in order to assess this material risk to financial sFinancial Policy Committee, set up to monitor risks and bubbles in the financial system, must urgently address the «carbon bubble» and ensure regulators require greater disclose on reserves and carbon emission in order to assess this material risk to financial sfinancial system, must urgently address the «carbon bubble» and ensure regulators require greater disclose on reserves and carbon emission in order to assess this material risk to financial sfinancial stability.

Financial regulators should require companies to disclose the potential CO2 emissions that are embedded in fossil fuel reserves.

In order for life insurance companies to provide insurance coverage and pay claims, they must have large cash reserves, which are required by law, to meet all of their financial obligations.

Finally, life insurance companies are legally required to have reserve ratios; like an emergency fund, those reserves are cash on hand to cover their financial obligations.

The financial responsibility law requires that people prove that they have assets on reserve to pay for damages that they are responsible for in a car accident claim.

The exchange also had to cease its operations in Hawaii after the state's Division of Financial Institutions required the company to maintain cash reserves equivalent to bitcoin's cash value as redundant collateral.

The cognitive «bandwidth» required to deal with financial problems, stress and constant «trade - offs» (a healthy food for the family tonight or new school clothes) makes it more difficult to maintain the mental reserve needed for those SEL skills.

Jeff Jones, executive vice president of Kansas City, Mo. - based Midland Loan Services, says virtually all lenders now require either reserves or proof of sufficient available financial assets to cover unexpected costs.

They'll likely be required to show extra personal financial reserves, which are accessible liquid assets available to withdraw from after their mortgage closes.