Sentences with phrase «of the financial institution issuing»

My opinion is that it is the same for sovereign debts, except that is more sturm und drang around it because of currency, political, and solvency of financial institutions issues.
Payments made by credit card are subject to the approval of the financial institution issuing the credit card.

Not exact matches

Solving the issue of trust comes at the expense of convenience and scalability, as the process of picking random validators so that the network can verify transactions instead of financial institutions, «takes time, is expensive, and consumes tremendous amounts of energy,» Martin said.
Nick Le Pan, a former superintendent of financial institutions, was retained to report on IMETs» progress and, in a report issued in 2007, he noted that staff often laboured under a «lack of clear direction.»
During periods of adverse changes in general economic, industry or competitive conditions, such as we experienced in calendar years 2008 and 2009, some of our vendors may experience serious cash flow issues, reductions in available credit from banks, factors or other financial institutions, or increases in the cost of capital.
A February 12 circular issued by the Bank of Thailand, the country's central bank, has laid out a series of prohibitions on financial institutions» activities relating to cryptocurrency.
One issue is that although many of the big institutions are curious about how bitcoin's underlying blockchain technology could revolutionize the financial sector, bitcoin isn't widely accepted as currency and has no intrinsic value.
On March 8 and 9, Japan's Financial Services Authority (FSA) hosted a roundtable where representatives of central banks, financial regulatory bodies, and academic institutions were invited to discuss issues pertaining to blockchain teFinancial Services Authority (FSA) hosted a roundtable where representatives of central banks, financial regulatory bodies, and academic institutions were invited to discuss issues pertaining to blockchain tefinancial regulatory bodies, and academic institutions were invited to discuss issues pertaining to blockchain technology.
2017.08.23 Royal Bank of Canada to redeem Non-Cumulative First Preferred Shares Series AB and Non-Cumulative Perpetual First Preferred Shares Series C - 1 Royal Bank of Canada (RY on TSX and NYSE) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions (OSFI), to redeem all of its issued and outstanding Non-Cumulative First Preferred Shares Series AB (the â $ Series AB sharesâ $) on September 27, 2017, for cash at a redemption price of CDN $ 25.00 per share, together with all declared and unpaid dividends.
In addition, the Governing Council announced it would purchase asset - backed securities with underlying assets consisting of claims against the euro area non-financial private sector and euro - denominated covered bonds issued by monetary financial institutions (MFIs) domiciled in the euro area.
Royal Bank of Canada (RY on TSX and NYSE) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions (OSFI), to redeem all of its issued and outstanding Non-Cumulative First Preferred Shares Series AB (the â $ Series AB sharesâ $) on September 27, 2017, for cash at a redemption price of CDN $ 25.00 per share, together with all declared and unpaid dividends.
While any financial institution is subject to cybersecurity issues, any news of hacking can lead to drops in the price of bitcoin.
Australian non-government entities issued a record $ 44 billion of bonds in the March quarter, with financial institutions and asset - backed vehicles both issuing large amounts, particularly in offshore markets (Table 14).
The loans that make up these securities are issued by financial institutions to finance the purchase of a home.
To shore up those markets, the Fed supplied over $ 1 trillion in emergency credit, issued through various emergency lending facilities, to various sorts of financial institutions, while extending a further $ 85 billion line of credit to AIG.
This collateral (i.e., permissible vehicles investments) may include: (i) match - funded assets, and, (ii) debt securities, equity securities and other financial instruments issued or guaranteed by the US government or its agencies, sovereign governments, supra - national entities, corporations, financial institutions and asset - backed or mortgage - backed issuers that are the subject of credit support agreements.
The run was on wholesale money - that is, on repo and on unsecured commercial paper that had been issued in the hundreds of billions by financial institutions loaded down with securitized toxic garbage, including a lot of in - process inventory, on the asset side of their balance sheets.
Banco Bilbao Vizcaya Argentaria (BBVA), one of the largest financial market institutions in Spain, has become the very first bank to issue a corporate loan with the help of blockchain technology, according to a report published on April 25 by Financifinancial market institutions in Spain, has become the very first bank to issue a corporate loan with the help of blockchain technology, according to a report published on April 25 by FinancialFinancial Times.
My reading of the episode is that the extraordinary financial events of September and October 2008 — several large financial failures, large - scale rescues of major institutions, enough incipient systemic concerns about banking systems to lead governments to issue guarantees, investor panic on share markets — were all observed in real time by households and businesses right around the world.
Bonds issued by financial institutions totalled $ 21 billion in the March quarter, much the same as in the corresponding period of 2004.
At just over 50 per cent, the share of foreign currency issuance denominated in US dollars was below past norms; financial institutions issued substantial amounts in euros and pounds sterling.
The share of foreign currency issuance denominated in US dollars remained low by historical standards at just over 50 per cent; financial institutions issued substantial amounts in euros, pounds sterling and Canadian dollars.
In recent years mid-sized Chinese banks have devoted an increasing proportion of their balance sheets to various investment products, often issued by other financial institutions.
The crux of the issue is that while the financial benefits of these [loan and aid] programs are clear, the increasingly burdensome regulatory requirements are troubling for faith - based institutions.
The Office for Budget Responsibility will issue independent assessments of the public finances: this is an institution specifically intended to improve long - term financial planning, and which will help not only this Government but future governments to remain on the fiscal straight and narrow.
The Central Bank of Nigeria, CBN, on Tuesday gave banks and other financial institutions two weeks within which to resolve customers» complaints on issues bordering on...
«Previous studies have also noted that the financial condition of the most troubled institutions is, to a large extent, a product of an inefficient expense structure, revenue challenges associated with a patient mix that approaches 90 percent public payers and charity care, and overwhelming liabilities (including debt issued long ago for physical plant improvements that, in some cases, are obsolete),» the health department said in its announcement.
This paper has again cited documents to the effect that, the claim that Menzgold was into cash deposits, has gone through various stages since July, 2016, when the head of the Financial Institutions Supervision Department, J. Kofi Amoa - Awuah, took issues with the operations of Menzgold.
When critically review this issue, there are several fundamental questions that emerge, bank of ghana has a supervisory department that is responsible for identifying every financial institution in operation, if the operations of these institutions were illegal as has been alleged, have they been operating all these years at the blind side of zbank of Ghana?.
According to a circular issued on Wednesday, the apex bank revealed a change in its rules of engagement with the banks, spelling out new rules regarding how financial institutions could borrow cash from fellow banks or the CBN to cover their temporary shortfalls or meet their obligations.
But according to The State, the agency will take advantage of a new law, signed by Gov. Mark Sanford last week, that allows law enforcement officials to issue administrative subpoenas to financial institutions.
They are assessing the administrative, financial, and philosophical issues, on the part of both training institutions and funding agencies, which underlie the inequities of benefits access.?
«This list has been sent to banks so that they can block and control day - to - day financial activities without any kind of direct prior warning,» the institutions complained in a statement issued on 21 September.
They will discuss behind closed doors with representatives of industry and financial institutions topics from energy efficiency to electric vehicles, carbon capture and storage, the whole range of issues involving renewables, access to energy and smart grids.
The right systems To return to more general issue of overall financial management, to conduct its business effectively, an institution needs to ensure that it has sound financial management systems in place and they are strictly adhered to.
The symposia helped equip institutions to better meet both student and institutional financial needs with careful consideration given to issues of accessibility, affordability, retention, and financial aid.
Higher education institutions in the state are facing different issues than elementary and secondary schools, and UUP president Frederick Kowal said a primary focus has been the financial troubles of Downstate Medical Center in Brooklyn, which might close.
Salvage or Total Loss of Vehicle: Any vehicle that has ever been issued a «salvage» title or similar title under any state law or has ever been declared a «total loss» or equivalent by a financial institution or insurer, such as by payment for a claim in lieu of repairs because the cost or repairs exceeded the cash value of the vehicle.
Those concerned with the security for mobile wallets, should know that on May 14th the Canadian Bankers Association with the country's leading financial institutions issued guidelines and principles operating on the same security standards used by chip - enabled credit and debit cards and existing wireless point - of - sale terminals at retailers.
Also, some financial institutions that issue credit cards will eliminate these costs if you spend certain amount of money each month (on average) with your credit card or if you combine your credit card product with a checking account and a pre-approved personal loan in a combined financial product pack or combo.
A secure credit card is when money is deposited with a financial institution and in turn a credit card is issued with an equal amount of the deposit.
For example, «If the GIC is solely issued by one particular institution or division of that bank, then it is not transferable,» says Tim Raposo, Senior Financial Planner, TD Wealth Financial Planning.
Lack of access to financial products — like credit cards, loans and deposit accounts — is an issue plaguing millions in the U.S. Traditional financial institutions, like banks and credit unions, depend on credit reports and Social Security numbers (SSNs) when evaluating applicants.
A credit card is a card issued by a financial institution giving the holder the ability to borrow funds, generally at point of sale.
However, a financial institution may deduct 80 percent of its interest expense allocable to «qualified tax - exempt obligations,» which are a special type of tax - exempt obligation issued by qualified small issuers that reasonably anticipate issuing no more than $ 10 million in tax - exempt obligations during the calendar year.
Usually cooperatives that require some type of common affiliation, credit unions are financial institutions that not only provide people within their community with checking and savings accounts, but issue credit cards and loans as well in many cases.
Information obtained by a financial institution via a soft pull of an individuals credit report that identifies the consumer as meeting the base requirements at first glance to potentially be eligible for one of the offers issued by that bank.
Many private lenders issue too few mortgage loans to be closely watched in the patchwork of state and federal oversight that bind banks and other larger financial institutions.
Certificate of Deposit (CD): An instrument, issued by a bank or other financial institution, that is evidence of a type of savings deposit.
If you still hold units of a HISA issued by another financial institution you can keep them but when you sell that's it.
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