Sentences with phrase «regulations on the banking industry»

Trump has promised to dismantle the Dodd - Frank Act, which placed new regulations on the banking industry in 2010.

Not exact matches

He touched on his past opposition to free - trade agreements, his support for heavier regulations of Wall Street and the nation's banking industry, and his vote against the Keystone XL oil pipeline as a preview of his campaign.

The market's faith in the Chinese financial industry is being weighed and the headlines point to a merger of the China Banking Regulatory Commission and the China Insurance Regulatory Commission, with some of their current powers — such as financial regulations and prudential oversight — passed on to the People's Bank of China.

In addition, because of the crushing and disproportionate burden of Dodd - Frank's regulations on smaller banks, the law has promoted consolidation of the banking industry and forced many smaller banks to exit certain product markets, especially mortgages.

Maffei joined a group of New York House members who said they were protecting a home - state industry by lobbying to soften proposed regulations on derivatives trading by big banks.

The rapidly growing online lending industry is — depending on your point of view — badly in need of regulation or an important alternative for individuals and small businesses currently underserved by traditional bank loans.

Just like banking regulations after the Great Recession; just like tobacco regulations after decades of the industry lying; just like decades of the asbestos industry lying; just like the soda industry continues to lie about fructose today; just like the airline industry didn't change policies on protecting the cabin until after 9/11 (the first US hijacking was in the 1960's); just like the gun industry through the lobbyists like the NRA continues to drag their feet... The force for change will have to be from the BOTTOM UP.

With the revised PSD2 on the horizon, banking institutions are increasingly eager to take action to get ahead of this new regulation and the storm of industry disruption it may cause.

Our corporate lawyers also serve on boards and committees that help establish solid industry relationships and leadership, including the Florida International Bankers Association, Florida Bank's Banking Law & Credit Regulation Committee, Association of Corporate Counsel, Association for Corporate Growth, Minority Corporate Counsel Association, The Florida Bar's Business Law Section and Corporate Governance Committee, the Commercial Finance Association, American Bar Association, and the Florida Venture Forum, among others.

It argues that the rule of law is being undermined by broadly drafted laws that, in practice, allow the regulators or prosecuting authorities to decide what is illegal, eg s 75 of the Banking Act 2009 gives the Treasury the power to disapply or modify the effect of any law without Parliamentary approval, and the financial services industry as a whole increasingly relies on «principles - based regulation».

The combination of smart contracts and cloud will ensure banks can meet more stringent regulations on a common platform that will enable industry - wide reconciliation.

These were just some of the comments that came from industry observers in the wake of a hearing held Tuesday by the U.S. Senate Committee on Banking, Housing and Urban Affairs, one that addressed the question of how lawmakers should consider cryptocurrency regulation.

While the 2014 position paper on virtual currencies issued by the South African Reserve Bank seemed promising for the industry, the South African government began in July of 2017 to work with Bankymoon, a blockchain - based solutions provider, on creating a «balanced» approach to bitcoin regulation.

The bank initially claimed they were following an order that was issued by the bank of Israel, but later on, it became clear that the decision was taken as part of new regulations that had been put in place for the online gambling industry.

The post Saudi Central Bank Says Cryptocurrency Industry is «Not Mature Enough» to Warrant Regulation appeared first on Bitcoin News.

An affiliation of 67 of the leading independent brokers in the United States and Canada, the Alliance has given larger companies a united voice on key industry issues such as MLS regulation and banks entering real estate.