Sentences with phrase «liability shift means»

The upcoming liability shift means all pet retailers will have to review their POS systems, including in - store hardware and software.

But many merchants are still unclear about what the liability shift means, how EMV works, and whether or not to implement it for their business.

Not exact matches

Both Rhoades and Bullard agree that the new rules do mean a broad shift from commission to fee compensation among advisors looking for ways to avoid liability risk.

On October 1, 2016, the industry underwent a so - called «liability shift,» which meant that the cost of a fraudulent transaction would fall on either the retailer or the card issuer, whichever had chosen not to use the latest EMV smart chip - enabled cards or card readers.

While this shifts the liability from you, it does mean that if you want to accept European companies as customers and the services you provide involve the processing of personal data, then it makes sense to help make sure that it is legal for them to use your Indian company to process their personal data.

«By making joint - and - several liability for wages or shifting costs of WSIB it certainly alters the factors under which they originally negotiated their arrangements and I suspect most temp agencies and their clients will have to sit down and say, «OK what does this now mean in terms of who has responsibility for what liability,»» says Broad.

We're your encyclopedia Hiring laws and regulations are constantly shifting, meaning you could find yourself facing new employment liabilities at a moment's notice.

Just having a settlement agreement doesn't mean the creditors will automatically shift the liability.

This amortization requirement could mean that a disproportionate amount of the rental liabilities will shift to the first years of a lease.