An insurance marketing firm will now be free to market insurance policies along with other financial products such as mutual funds that are approved by
financial sector regulators.
The Bill enabled the establishment of a joint body under the chairmanship of the Finance Minister and with representation from the four
financial sector regulators and the Finance Ministry.
A joint workgroup by
financial sector regulators could be put in place to tackle issues around cryptocurrencies and ICOs.»
Not exact matches
There are a number of other important rules working their way through the
financial sector, and others still that
financial regulators, including the Fed, are still fine - tuning.
But that has prompted
regulators in the country to crack down on the cryptocurrency
sector, in a bid to stamp out potential
financial risks as consumers pile into a highly risky and speculative market that has seen unprecedented growth this year.
The Initiative is informed by regular meetings of experts in the
sector, policymakers and supporters engaged in the
financial services
sector, including
financial intermediaries, securities market participants and their
regulators, among others.
FSA Suggests Altcoin Squeeze As Forbes reports citing a meeting of the group, which consists of industry experts organized by Japan's
regulator the
Financial Services Authority (FSA), the anonymity options such altcoins present could be grounds to banish them from the country's burgeoning exchange
sector.
«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.
Credit is growing more slowly than it has in the past but not because the
financial system has become more efficient but simply because debt levels have become too high, causing
regulators to force down the growth in credit without seriously improving the efficiency of the
financial sector.
The once - booming controversial
financial sector, which has on many occasions caught the ire of
regulators, appears to be showing distinct signs of faltering as evidence mounts of investors withdrawing from those savings products that once helped to bolster the shadow - banking
sector to unprecedented, dangerous levels of leverage.
Payments and the representation of fiat currency on Blockchains is a potentially significant use case for distributed ledger technology and we firmly believe that partnership between
regulators, central banks and the
financial services
sector will accelerate solutions to maturity.»
Regulators have cracked down on many of the traditional activities that fueled growth in the
financial sector during the pre-crisis boom.
News flow from Germany's
financial sector was less positive, as one of the country's largest banks endured a difficult month, rocked by an unexpectedly large claim from US
regulators related to past mis - selling of mortgage products.
It is a matter of concern, not just for the Building Society
sector, but new entrants and other existing players that actions taken by policy makers and
regulators are driving UK
financial services inexorably down the path of sameness.
The governor named a close lieutenant, Ben Lawsky, to be an omnibus
regulator, but he has won attention not for racking up scalps in the New York - based
financial sector but by grabbing billions through sanctions on foreign banks, and leading the discussion about policy adjustments demanded by the rise of digital currencies like BitCoin.
Since 2014, when the U.N. Environment Programme created the U.N. Environment Inquiry to study ways to make the global
financial system less reliant on fossil fuels, central banks,
regulators and the private
sector have noted more and more that climate change poses an economic threat to the world.
In it they wrote that policymakers,
regulators,
financial and academic institutions, among others, as well as the industries themselves can be structurally adverse to innovation — a posture that is blocking ingenuity and technological advances and stunting economic growth in
sectors that account for at least 50 % of the U.S. economy.
According to the
regulator, the fund will be needed to invest 80 % to 100 % of its assets in the banking and
financial services
sector.
The Federal Reserve, like other
regulators around the world, did not do all that it could have to constrain excessive risk - taking in the
financial sector in the period leading up to the crisis.
That is why
financial regulators need to make 2 ˚C stress tests standard practice for the energy
sector to help avoid companies wasting capital,» said James Leaton, research director at Carbon Tracker.
«Alerter» is a service for the
financial sector that has push e-mail tailored to the subscriber's personal profile, daily digests of regulatory developments, and directories of
regulators.
The
financial services
sector is a key driver of the UK economy and is under constant scrutiny from
regulators and the media.
For companies in the
financial services
sector, the balancing act is to ensure that if internal investigations uncover wrongdoing, there is compliance with
regulators, yet at the same time the risks financially and to reputation are minimized.
the impact of national and international regulations on the
financial services
sector, this includes providing advice on navigating firms through strategic solutions during a
regulator's consultation process to implementation once final guidance has been issued.
VESELY: All of this gives me a heart attack because the
regulators are requiring more and more that the
financial sector maintain all communications from voicemails to tweets to WeChats, but as you work with the Asian client base, that's what they want you to use.
Conducted an internal investigation on behalf of a Government
regulator into alleged insider dealing activities, fraud and breaches of corporate governance codes for a public company in the insurance and
financial services
sector.
Today we work closely with domestic and international companies,
financial institutions,
regulators, and government and public -
sector bodies.
Possible systematic risks in the
financial sector has forced the three
regulators, the Reserve Bank of India (RBI), the Securities & Exchange Board of India (Sebi) and the Insurance Regulatory and
Vibha Padalkar, executive director and chief
financial officer of HDFC Life, noted the
regulator has already brought out norms for rural and social
sector obligations, stipulating stricter penalties for defaulting on these obligations.
NEW DELHI, 11th March 2014: The exposure limit of insurance companies may get raised from 25 % to 30 % as government has asked the insurance
sector regulator - IRDA to allow insurance companies to invest more of their funds in banks and
financial institutions.
A top official for a U.S.
financial regulator is urging players in the burgeoning cryptocurrency
sector to boost their self - policing.
But that has prompted
regulators in the country to crack down on the cryptocurrency
sector, in a bid to stamp out potential
financial risks as consumers pile into a highly risky and speculative market that has seen unprecedented growth this year.
This course is for senior professionals from business,
financial services, law,
regulators and any other
sector who want to «Get a big picture grip on the details».
Eric Larchevêque, CEO of Ledger, framed his startup's involvement by saying that the overall goal is to be a part of conversation as French
regulators look to establish oversight of the country's
financial technology
sector, including its bitcoin ecosystem.
The local
regulator's approval of GABI was seen a harbinger of a new growth engine for the island's flagging
financial services
sector.
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).
The Luxembourg
regulator also made a point of saying that it was not concerned about Blockchain technology in use cases apart from cryptocurrencies, noting that Blockchain «could bring certain advantages in their use in the
financial sector and in different innovative projects.»
Nigeria's
financial sector insurance
regulator has warned its citizens of the lack of insurance cover to any risks related to cryptocurrencies like bitcoin.
He also recommends Nacro's Public Advice Helpline for candidates within the
financial sector that require advice and guidance on what criminal record information they are required to disclose to a
regulator, employer or recruitment agency.
Reinsurance and underwriting also make up an important part of this
sector, while
financial regulators ensure a safe and fair service for all.
However, documents showing discussions between Canada's banking
regulator and the
financial and real estate
sectors indicate there are serious concerns about the accuracy of these automated systems, and an overreliance on them by banks.