Sentences with phrase «regulated financial institutions such»

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.

Not exact matches

«[The] Monetary Authority of Macau reiterates that any institution providing regulated financial services such as currency exchange, cross-border fund transfer, and financial exchange platforms without permission violates relevant provisions of the Financial System Acfinancial services such as currency exchange, cross-border fund transfer, and financial exchange platforms without permission violates relevant provisions of the Financial System Acfinancial exchange platforms without permission violates relevant provisions of the Financial System AcFinancial System Act.»

Self - reported information is notoriously less reliable than information reported by an authoritative source such as the local county government or regulated financial institution.

Members of the firm represent both public and private companies, as well as clients in highly regulated industries such as the financial institution and healthcare industries.

The legislation involves and affects «regulated industries» that deal with third party money, which includes not only financial institutions such as banks but also lawyers and accountants.

Some agencies and organizations (such as airlines and financial institutions) are legislated federally, whereas businesses tend to be regulated regionally by the provincial or territorial governments.

They announced then that all the banks and financial institutions regulated by them shall not provide any service to individuals or organizations dealing in trading of cryptocurrencies such as Bitcoin, Ethereum, etc..

The Financial Systems Director at Bank of Mexico (Banco de México abbreviated Banxico), Jesús Alan Elizondo Flores, said that the Law Regulating the Financial Technology Institutions (FinTech Law), proposes that banks and electronic payment establishments will operate virtual assets, such as the bitcoin, among other cryptocurrencies.

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.