Sentences with phrase «regulate various financial institutions»
The DFS states it has the authority to regulate various financial institutions, many of which involve virtual currencies:
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These companies are regulated by the Office of the Superintendent of Financial Institutions, the Canada Mortgage and Housing Corporation (CMHC) and various provincial agencies.
In effect any financial institution whose operations are in direct contravation with the stipulated banking laws regulating the various banking engagement could be revoked.