Sentences with phrase «financial system activities»

Some of the Bank of Canada's financial system activities are also designed, in part, to make the system less prone to crisis.

Not exact matches

Think of the blockchain, the central accounting innovation at the heart of the system, as a giant billboard broadcasting everyone's holdings and financial activity at all times.

In addition to that, the euro area has (a) worsening problems of political instability (Italy without government, unfolding corruption scandals in recession - hit Spain and France), (b) dysfunctional banking systems (weak banks and their impaired lending activities despite ample liquidity supplied by the ECB) and (c) lingering uncertainties about the financial system's credibility (problems with depositor and investor protection).

Now, with the relatively recent string of primary dealer failures (Countrywide, Bear Stearns, Lehman, Merrill, and now MF Global), a rational observer might think the NY Fed had moved to beef up surveillance activities designed to protect the financial system from excessive risk taking at primary dealers.

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.

However, as we noted in our Financial System Review, financial vulnerabilities would usually translate into full - blown risks — with attendant consequences for the economy — only if there was a trigger, such as a widespread and sharp decline in economic activity and emFinancial System Review, financial vulnerabilities would usually translate into full - blown risks — with attendant consequences for the economy — only if there was a trigger, such as a widespread and sharp decline in economic activity and emfinancial vulnerabilities would usually translate into full - blown risks — with attendant consequences for the economy — only if there was a trigger, such as a widespread and sharp decline in economic activity and employment.

These include the potential adverse effects on European economic activity, on the perceived health of the global banking system, and on broader financial market conditions.

To conclude, over the past decade and in a very volatile world, Australia has achieved the inflation target, avoided a major economic downturn, seen remarkably little variability in real economic activity in the face of enormous shocks, experienced a fairly low average rate of unemployment, and had a stable financial system as well.

In a healthy financial system, money is channelled between savers and borrowers so that different activities, like spending by households or investment by businesses, can be undertaken.

According to the report, because cryptocurrency exchanges and wallet providers are under no obligation to identify suspicious activity, terrorist groups are able to transfer money into the EU's financial system, taking full advantage of the degree of anonymity provided by virtual currency platforms.

Still, their systems and data would be key, analysts say, for China's ambitions to build a broader «social credit» system that would track people's financial activities, police records and other public behavior.

Lawrence Schembri was appointed Deputy Governor of the Bank of Canada in 2013, serving as one of two deputy governors responsible for overseeing the Bank's analysis and activities to promote a stable and efficient financial system.

Over the past two decades, many hospitals have developed internal database systems that integrate accounting with the daily activities that go on so that the costs flow directly to the financial people handling the books.

Nonbanks are involved in many activities within the financial system as well, such as securities lending.

One of the biggest challenges facing financial institutions is the need to prevent their systems being used to transfer funds for criminal activity such as the drugs trade or terrorism.

The government's financial monitoring system already added the Jehovah's Witnesses headquarters to its list of «organizations, against which there is evidence of involvement in extremist activity or terrorism,» and its financial transactions are already blocked.

The governor stated that while the apex bank and banking operators had made efforts to reduce the incidents of fraud and ensure consumer confidence in the payment system, the Cybercrime Act, if effectively enforced, would serve as a deterrent and constant reminder to those who might wish to engage in illicit activities targeting the financial technology infrastructure.

In 1995 secondary school principals founded the Virginia Foundation for Educational Leadership — a Pre-K through 16 nonprofit leadership learning organization designed to support and broaden the outreach opportunities of VASSP in providing through its own activities, financial, and volunteer support the educational, scientific, and charitable purposes of linking all education levels — preschool, elementary, middle, high school, and higher education — to create a comprehensive seamless system of leadership learning.

Maintain the Audit Resolution Tracking System, which is a database for tracking the post-audit activity for all district school boards and other non-state entities that receive state financial assistance or federal funds.

This office's primary function is to provide fiscal oversight of DOT's resources by continually reviewing its financial management activities, internal controls, and financial systems.

The Uulala platform is a unique system that tracks all financial activities and combines that with decentralized database technology to show the level of creditworthiness a user possesses.

The budget proposes legislative amendments to «strengthen oversight of CMHC and to ensure its commercial activities are managed in a manner that promotes the stability of the financial system».

Money laundering occurs when funds from an unlawful activity are moved through the financial system in such a way as to make it appear that the funds have come from legitimate sources.

Often welded together from scrap metal by the same individuals who use them to sell their goods, these structures embody the kind of spontaneous, street - level commercial activity that contributes to a given city's economic vitality and dynamism, despite its ambivalent status with respect to the official financial system.

The fact sheet further lists ongoing efforts in capacity building, technical assistance and financial support for a number of enabling activities, such as improving data collection systems, institutional reforms and national monitoring systems.

To fully understand the alignment of MDBs» activities, it will be necessary for them to have the right systems in place to account for and disclose the climate impacts of their indirect support through financial intermediaries, as well as upstream advisory work that supports policies, institutions, and private - sector development.

«The whole of human civilisation rests on the foundation of healthy Nature — soils, forests, fresh water, oceans... so we have to look at how the financial system creates money and allocates it to activities and projects that destroy the natural world, in the process undercutting its own future.

This activity report presents a framework of recommendations by the Research Bureau of the People's Bank of China to establish a green financial system in China.

Its focus on short - term gains means too much money funds unsustainable activities, power is concentrated in a few institutions making the system vulnerable to shocks, and there is little focus on new financial models which will support the transition to a sustainable economy.

Our financial regulatory advice to financial institutions has spanned a wide range of subjects, including the chartering of new banking institutions and their subsidiaries; charter conversions; conversions to BHC; FHC elections; the expansion of regulated banking and non-banking activities through acquisitions and de novo expansion; broker - dealer registration and material changes in business operations; the treatment of new financial products under regulatory capital requirements; and legal risks in cross-border payment and securities settlement systems.

Brooks Pierce will be implementing Expert Conflicts, On the Go, Activity Monitoring, Imaging and the ClearView business intelligence suite, in addition to the core Expert financial system.

a number of global financial institutions in respect of all aspects of financial crime compliance, including anti-money laundering issues (eg in relation to due diligence, systems and controls, suspicious activity reporting and transactional matters), anti-corruption and sanctions compliance (eg.

In years past, when working with law firm clients on disposition projects, InOutsource initiated query requests from the firm's financial system, for matter status and activity data.

We also include within the definition an organized system of health care in which more than one covered entity participates, and in which the participating covered entities hold themselves out to the public as participating in a joint arrangement, and in which the joint activities of the participating covered entities include at least one of the following: utilization review, in which health care decisions by participating covered entities are reviewed by other participating covered entities or by a third party on their behalf; quality assessment and improvement activities, in which treatment provided by participating covered entities is assessed by other participating covered entities or by a third party on their behalf; or payment activities, if the financial risk for delivering health care is shared in whole or in part by participating covered entities through the joint arrangement and if protected health information created or received by a covered entity is reviewed by other participating covered entities or by a third party on their behalf for the purpose of administering the sharing of financial risk.

The problem is, most legal departments still manage their information (particularly case data) in siloes, with disparate systems, e-discovery vendors and law firms holding financial data, case information, e-discovery project management activity, etc..

Vetal will deliver executive fiscal leadership and vision for both companies, leading their financial and accounting activities around development of relevant business information, accurate accounting systems and financial plans.

«Treasury intends to impose additional CAATSA sanctions, informed by our intelligence community, to hold Russian government officials and oligarchs accountable for their destabilizing activities by severing their access to the U.S. financial system.»

This collaboration will also enable us to accelerate our product development activities, focusing on adding new assets, more connectivity to financial systems, as well as blockchain and Ripple - centric projects.

In November, ShapeShift CEO Erik Voorhees noted that Bitcoin is continuing to grow in terms of market valuation, user base and user activity because as a decentralized currency and store of value, it is providing an alternative financial network to the fiat currency system.

It is the policy of the central bank to provide an environment that encourages financial innovation while at the same time ensure that the Philippines will not be used for money laundering or terrorist financing activities and that the financial system and financial consumers are adequately protected.

He admitted that although there are some concerns raised about the safety and protection of investors plus their use in executing criminal activities like money laundering, the technology that comes with these digital currencies can be used to improve the efficiency and the inclusiveness of the economy and financial systems.

The new legislation is also designed to help provide a level playing field for Indonesia's financial system, requiring «all financial technology activists who move in the payment system to register with Bank Indonesia, report on activities, and conduct trials in the regulatory sandbox.»

«This collaboration will also enable us to accelerate our product development activities, focusing on adding new assets, more connectivity to financial systems, as well as blockchain and Ripple - centric projects,» Uphold chief executive Adrian Steckel said.

In his 2016 opinion piece, BKCM LLC founder and CEO Brian Kelly explained the reasons why an editable Blockchain is inadvisable, including the opening up of the financial systems to possible fraudulent activities.

«A better path [instead of banning them] would be to regulate elements of the crypto - asset ecosystem to combat illicit activities, promote market integrity, and protect the safety and soundness of the financial system.

The Accounting Manager is responsible for overseeing and managing the daily operations of the general ledger accounting team that includes, but is not limited to, ensuring compliance with accounting policies and procedures, performing complex various accounting functions, supervising the accounting and reporting system activities, and preparing accurate financial transactions postings and financial reports.

Typical job duties listed on a Freelance Accountant resume sample are supervising clients» financial running, maintaining records, paying taxes, communicating financial information, designing data processing systems, investigating fraud, and managing self - promotion activities.

The success of the business depends on how good you are able to manage your financial activity through a proper accounting system.

• Recorded assets, liabilities, revenues and expenses by compiling and analyzing account information • Handled accounts payable and receivable activities by following set standards and principles of accounting • Documented financial transactions by entering correct information into the system and recommended financial actions by analyzing accounting options • Reconciled financial discrepancies by ensuring that appropriate data is collected and analyzed • Prepared payrolls and payments by verifying documentation and requesting disbursements

They are also involved in coordinating accounting activities and resources in support of projects that impact financial department, systems with lesser risk and complexity.