Sentences with phrase «of existing financial system»

-LSB-...] order for cryptocurrencies such as Ethereum or Bitcoin to work in place of existing financial system, they need to have a lot -LSB-...]

In order for cryptocurrencies such as Ethereum or Bitcoin to work in place of existing financial system, they need to have a lot of work done.

Not exact matches

I have ignored reasons that might justify lower discount rates or higher GDP adjustments for China mainly because the purpose of this essay is to explain why the U.S. multiple is so much higher than China's, and of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced economies always justify higher multiples than developing economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory frameworks, more sophisticated capital allocation processes, less rigid financial systems, and smaller state sectors (which make smooth adjustment, one of the most valuable and undervalued components of long - term growth, more likely).

If the external shocks seemed to pose financial stability risks, macroprudential measures might be introduced as a complement or backstop to existing regulations and oversight of domestic financial systems.

Moreover, and perhaps more importantly from a central banker's perspective, these Internet payment methods remain tied to existing payments systems involving the transfer of balances among accounts at financial institutions.

Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.

The system threatens to collapse in such a way that will leave a legacy of financial cleanup costs for the bad debts that form the counterpart to the economy's «bad savings», that is, savings lent to speculators who use the money simply to buy existing properties rather than to create new assets.

Perhaps the most interesting moment of the prestigious event transpired late in the afternoon when one attendee asked, «How core is solving identity to expanding digital currency or solving some of the frictions in our existing system, and how do you foresee an identity world that's based on a national or — in the US's case — subnational system working or integrating in a global financial system?»

Central banks contribute importantly to the promotion of financial stability given their sys - tem - wide macro-financial perspective and existing roles as lender of last resort and overseer of systemic payment systems.

«Cryptocurrencies and blockchain technology pose a dramatic change to the existing regulatory landscape; they have the potential to reform the global financial system around peer - to - peer transactions, without traditional financial intermediation,» Neha Narula, Director of the Digital Currency Initiative at the MIT Media Lab, said.

Ripple might provide strong competition to Cardano's ambitions of becoming a bridge between the existing financial system and cryptocurrencies.

«It is entirely feasible for a valid and workable ringfencing system to occur within the existing banking and financial sector,» said Dominic Griffiths, head of Mayer Brown's banking & finance group in London.

Updated instrument reference data capabilities to enable coverage of the key financial instruments covered by the regulation, including the addition of 1.6 million new pre-fixed individual identifiers (ISINs) for over-the-counter (OTC) derivatives from the ANNA Derivatives Service Bureau (DSB); coverage of 300,000 new financial instruments; additional data for 900,000 existing instruments; and the addition of 5 million records from the Financial Instruments Reference Data Systemfinancial instruments covered by the regulation, including the addition of 1.6 million new pre-fixed individual identifiers (ISINs) for over-the-counter (OTC) derivatives from the ANNA Derivatives Service Bureau (DSB); coverage of 300,000 new financial instruments; additional data for 900,000 existing instruments; and the addition of 5 million records from the Financial Instruments Reference Data Systemfinancial instruments; additional data for 900,000 existing instruments; and the addition of 5 million records from the Financial Instruments Reference Data SystemFinancial Instruments Reference Data System (FIRDS).

But it is also held that globalization has brought in its wake, great inequities, mass impoverishment and despair, that it has fractured society along the existing fault lines of class, gender and community, while almost irreversibly widening the gap between rich and poor nations, that it has caused the flow of currencies across international borders, which has been responsible for financial and economic crises in many countries and regions, including the current Asian financial crisis, that it has enriched a small minority of persons and corporations within nations and within the international system, marginalizing and violating the basic human rights of millions of workers, peasants and farmers and indigenous communities.

«To address gaps in the regulatory architecture related to lack of effective consideration of competitive outcomes in financial markets, an existing regulator must be given a mandate to take the lead on matters related to competition in the financial system.

An adoption of this method would also affect existing incentive structures within the international financial system as the risk of repudiating illegitimate debts would cause creditors to lend with increased caution, exercise due diligence and implement policies that encourage transparency of how the funds are used.

This reflected a key strategic decision on Labour's part to accept the existing financial system and (to a large extent) the rules of corporate governance.

That means only the Conservatives are still holding the line on indefinite detention, despite the financial and psychological cost of the existing system.

The financial data that exists is (sic) unreliable, there has not been a clean audit since FY 2001 - 2002, there is no inventory of assets, the payroll system is in shambles, school buildings are in deplorable condition and, up to now, there has been little accountability.»

Free college — and most of the existing federal financial aid system — assumes that price reduction is most important.

If a country finds a way to meet the basic needs of women by taking loans that the whole society must pay, but the national constitution, and the various policies and services do not show the timely commitment for equity and equality, the chance to eradicate poverty and hunger will only be about the alleviation of these two major indicators of real development and sustainability It is then urgent and important not to fall in such a trap, which only comes to add to the financial and economic indebtedness of the society, and nations, to say the least, and to maintain the system of inequality and impoverishment as it basically exist..

All schools, including the highest performing schools, need to have a deep understanding and insight into their current financial position and the viability of their existing staffing structures and organisation's systems and set - up into the future.

enhancement of surface transportation efficiency and facilitation of intermodalism and international trade to enable existing facilities to meet a significant portion of future transportation needs, including public access to employment, goods, and services and to reduce regulatory, financial, and other transaction costs to public agencies and system users;

I've been toying with the idea that maybe there would be a way to create a crisis model off of the financial sector and its clients, working off of a «how much slack capital exists across the system» basis.

It includes practical guidance and case studies to assist policy makers and a comparative analysis of existing learning frameworks for financial education in the formal school system.

The lesson of Lehman should be that Lehman should not have existed at a scale that allowed it to jeopardize the financial system.

Particularly strong opportunities for low ‐ carbon development exist in developing and emerging regions where financial and institutional capacities are better developed, yet lock ‐ in effects are low, also due to their rapid planned installation of new capacity in energy and transport systems.

Government financial support is available for owners of both new and existing buildings for installing renewable energy systems or making efficiency improvements.

Advising on financial and trade sanctions legislation, including setting up compliance systems, and on the impact of sanctions legislation on existing operations.

As smart contracts diffuse from fintech startups into the financial system, financial services lawyers will need to carefully consider how our existing system of regulation applies to these innovations.

An expert in the preservation of voluminous data sources, Jim supports clients through database design and construction, system reconciliation, evaluation of efficiency and compliance in existing software systems, process management for the integration of multiple systems into complex financial processes, and financial and workflow performance improvement.

The LOC is dedicated to using open standards which cater to no one organization or group of organizations to uniformly satisfy the complex needs of the legal industry based on 5 basic principles: keep it simple; make it unambiguous; diverge from existing formats as little as absolutely necessary; only ask for information the law firm is typically able to provide from their financial system; and meet the needs of corporations, law firms and legal industry software vendors to the maximum extent possible consistent with the first four criteria.

Much existing law about payments will remain in force, as many mobile apps will use the existing «rails» or channels of moving money: wire transfers, debit / credit cards / stored - value cards, financial institution clearing houses, and cheque clearing systems.

Taxes, labour and environmental issues are usually the villains in every Brazilian deal, but the lack of proper accounting controls and systems, the unreliability of financial statements and other difficult - to - believe - problems that not even a very keen investor is able to anticipate (and, trust me, these problems exist) also play an important role in «killing» transactions.

However, [the Plaintiff] has not shown that Dr. McLaughlin is qualified to testify about system - wide bias, if any exists, and she offers no evidence of the amount of the financial exposure doctors allegedly face from which the likelihood of such skewed opinions could be assessed.

«We want... to connect the benefits of digital currency with the existing financial system.

«Automating the enforcement of our existing financial regulations, with public blockchains, on - chain Know Your Customer (KYC) compliance and smart regulation can improve the system, not circumvent it.»

«Instead of focusing on how Blockchain technology can be employed within existing financial architectures, this working group will return to the genesis of the Blockchain movement that saw the need for native assets to keep decentralized and open systems in economic balance.

So the idea, for example, that I would have a decentralized exchange of value between two parties that doesn't in any way touch the existing financial system is something that can not be regulated.

The digital currency industry is rewriting the rulebook of the financial system with the ultimate objective of improving upon the existing, conventional system.

«2017 really has been the year where hype in crypto, including financial hype and social hype in general has far exceeded the reality of what existing blockchain systems can offer,» Buterin told TechCrunch.

That kind of makes it a perfect platform for countries like North Korea, which are pretty isolated from the international financial system to begin with, to use this new form of commerce that's thus far existed pretty much outside of countries» regulatory control.

In fact, for those advocates of Bitcoin who appreciate it for its community aspects and because it has no connections to the existing financial system, this is even positive news, as the Bitcoin economy will be growing on its own without being rapidly «taken over» by the banking sector.

Our product suite is designed to improve the efficiency and security of banking procedures and financial products, while seamlessly integrating with existing systems and protocols.

But, the comparison of market caps between investment banks like Goldman Sachs and financial networks such as Bitcoin was not structured to compete with existing banks and financial systems.

BitGo is a great option for integrating digital currencies into existing financial systems of businesses, securely.

There still needs to be a lot of development and scaling work done in order for Ethereum and other cryptocurrencies such as Bitcoin to overtake existing financial systems, explained Ethereum co-founder Vitalik Buterin in an interview with prominent venture capital

Yet, the cryptocurrency community seems incentivized actions of the kind to further distance themselves from currently existing centralized financial systems.

The use of Bitcoins will obviously be subjected to similar regulations that are already in place inside existing financial systems and Bitcoins are not likely to prevent criminal investigations from being conducted.

This would give us the opportunity to use the distributed ledger technology at the level of the EEU area, to make settlements and transfer financial information without disrupting existing payment systems,» Olga said.