Sentences with phrase «for regulating financial institutions»

We think this is particularly meaningful for regulated financial institutions - for whom this is the first opportunity to trade bitcoin via a similarly regulated entity.

Users of digital currencies are not covered under established disputed resolution arrangements which exists for regulated financial institutions in the event of any dispute or losses.

The Digital Asset Platform delivers flexible infrastructure for regulated financial institutions to share processes and data securely, on a need - to - know basis, without the need for reconciliation.

We think this is particularly meaningful for regulated financial institutions - for whom this is the first opportunity to trade bitcoin via a similarly regulated entity.

These platforms weren't designed for regulated financial institutions, [but] that's not to say that things can't change.

Not exact matches

That was followed by a financial stress test for buyers, which officially came into effect on Jan. 1 for federally regulated lenders, following an October announcement by the Office of the Superintendent of Financial Instfinancial stress test for buyers, which officially came into effect on Jan. 1 for federally regulated lenders, following an October announcement by the Office of the Superintendent of Financial InstFinancial Institutions.

What it does do is regulate financial institutions and, for one reason or another, it seems to have decided that Bitcoin Co. Ltd. was not up to the task.

Prominent investments include Bitstamp, the first nationally regulated Bitcoin exchange and Chain an enterprise software company that builds blockchain networks for traditional financial institutions.

At the same time, not all regulatory expansions are desirable and in some contexts tougher regulation can be counterproductive for financial stability if it reduces profitability without offsetting benefit, if interferes with bank diversification, or if it causes regulators to become overly identified within regulated institutions.

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

Apart from offering potential cost savings, the adoption of distributed ledger technology could start to threaten financial institutions by effectively removing the need for conventional, regulated payment systems.

This body is well renowned for ensuring proper financial customer conduct and financial stability in the institutions it regulates.

In a context where millions in our world are either excluded or have been rendered invisible by callous and inhuman policies and actions of international financial institutions and agencies (which are supposedly there to regulate trade and create the space for the powerless), to talk of ethical engagement of Christians in struggle for life, is more urgent now then ever before.

MICs account for the bulk of private mortgage issuance in the country and are regulated by OFSI, the federal regulator of financial institutions.

Unlike credit unions, banks are for - profit financial institutions that answer to their shareholders and are regulated by the Federal Deposit Insurance Corporation, which also ensures the banks» deposits.

(For wonks only: regulated financial institutions should be matching assets versus liabilities as their most aggressive posture.

«It boggles the mind to see companies lobbying for a return to less regulated subprime mortgage lending... After what amounts to a nano - second in regulatory time, financial institutions are aggressively attacking many of the core Dodd - Frank reforms, including subprime mortgage protections.»

OSFI is implementing these changes for all federally regulated financial institutions.

Mortgages that don't require homeowner insurance surged 19 per cent from a year ago, accounting for about 53 per cent of the $ 1.13 trillion of home loans at Canada's federally regulated banks, data from the Office of the Superintendent of Financial Institutions show.

You deposit your money with a specially regulated financial institution such as a bank, building society or credit union for a fixed term in return for a fixed rate of interest.

You deposit your money (capital) with a specially regulated financial institution such as a bank, building society or credit union for a fixed term in return for a fixed rate of interest.

For additional information, please contact the Utah State Department of Financial Institutions, which regulates the industry.

Financial institutions and regulated health - care custodians will require a different kind of cloud vendor rather than some smaller not - for - profit entities.

Join us for an ILTA product webinar to see why NetDocuments is currently being used by hundreds of thousands of users worldwide within industries regulated by strict compliance and data security requirements, including many Am Law and global 100 firms, corporations, legal departments, and financial institutions.

For regulated entities like Canadian financial institutions, a material public cloud transaction also poses serious OSFI compliance challenges.

Regulation is however needed to create more stability in the cryptocurrency markets (see my recent block «Regulating Cryptocurrencies: Walking the Tightrope», 12 February 2018) As soon as cryptocurrency regulations have taken a definitive path, banks and financial institutions can really start using xRapid and XRP for cross-border payments so getting the most benefits out of these Ripple solutions.

This means that for any financial system to operate in Indonesia, they should be prepared to register their stake with the central bank and be regulated just like any other financial institution.

Currently, Ripple requires two parties for a transaction to occur: a regulated financial institution «holds funds and issues balances on behalf of customers» while «market makers» such as hedge funds or currency trading desks provide liquidity in the currency they want to trade in.

A financial institution that's regulated by the FDIC, for example, needs to be concerned with not hiring individuals who have certain offenses that are covered under Section 19.

The guideline requires federally regulated financial institutions to vet applicants for all uninsured mortgages using a minimum qualifying rate equal to or greater than the five - year benchmark rate published by the Bank of Canada or their contractual mortgage rate plus two percentage points.

It is only when AIC members perform work for US clients where a real estate secured loan is being made by a federally regulated financial institution that they must comply with USPAP standards.

The new guidelines now require federally regulated financial institutions to vet applicants for uninsured mortgages by using a minimum qualifying rate equal to the greater of the Bank of Canada's five - year benchmark rate (currently 4.89 %) or their contractual rate plus 2 percentage points.