Sentences with phrase «required by the regulator»

Chief Financial Officer Jason Hollar quickly dismissed concerns, saying that the language was required by regulators but that Sears was focused on turning itself around and was still «a viable business that can meet its financial and other obligations for the foreseeable future.»

The decision allows Scotts to bypass the years of environmental testing and consultation typically required by the regulators for GM plants, although the company says there are no plans to market this particular variety.

«My prediction is that within five years, auto retailers will be required by their regulators to have a formal CMS in place,» Van Over says, envisioning increased emphasis on management oversight, risk assessments, policies, procedures, employee training and periodic audits.

The researchers drove some of the vehicles at a higher speed than in the lab and that there was more weight in the vehicle than what is required by regulators.

The capital of financial companies can be divided in two: that which is required by the regulators for solvency purposes, and that which is free for deployment into new business.

The net asset value is equal to your balance plus your unrealized P / L from all open positions calculated using the current bid or ask rates Regulatory Margin Requirement: The minimum margin required by the regulator for the instrument.

Because of the time value of money, and because the Law Society was also required by regulators to raise an additional $ 50 million to capitalize LPIC, the amount required to retire the deficit and place LPIC in a position to continue to offer insurance was estimated, in October 1994, at $ 240 million over the course of four years (1995 - 1998).

These would probably be financially viable even if attendance were not required by the regulator.

Using the concept of Virtual Law Firms («VLFs»), the LPP designed a hybrid learning experience / environment by which candidates would develop the relevant lawyering skills required by the regulator through simulated files in the areas of Administrative Law; Business Law; Civil Litigation; Criminal Law; Family Law; Real Estate Law; and Wills & Estates Law (subject areas mandated by the LSUC).

Private hire drivers in London are required by the regulator to renew their licence every three years — hence the September deadline only applying to relatively recently licensed drivers, as others will soon need to renew their licence anyway.

Uber challenged Transport for London's plans in court in August, arguing that the standard of reading and writing being required by the regulator was too high.

Banks also are required by regulators to monitor customer transactions for signs of money laundering — which isn't as easy once dollars are converted into digital coins.

In addition, middleware will deliver business intelligence, much required by regulators and industry leaders.

Not exact matches

Quite apart from the argument over OSFI - style oversight, the former federal official and others stress this segment of the market at least requires more transparency and clearer data so regulators and the Bank of Canada can better understand the credit landscape and the extent of high - risk loans issued by private lenders.

For SAP, the loss and LAE ratio is the ratio of incurred losses and loss adjustment expenses less certain administrative services fee income to net earned premiums as defined in the statutory financial statements required by insurance regulators.

Though Singapore - based Broadcom was willing to certain divestitures to satisfy antitrust regulators, it was still resistant to «other commitments that could be expected» to be required by government regulatory bodies, Qualcomm said.

After a week - long standoff with regulators last December when Uber argued that its cars do not meet the state's definition of an autonomous vehicle because they require constant monitoring by a person, Uber moved its self - driving cars from San Francisco to Arizona, a state with fewer regulations for autonomous vehicles.

Carter, who hasn't been accused of wrongdoing, failed to appear as required by the subpoenas and, through his counsel, has declined to provide any additional dates on which he will agree to appear for investigative testimony, the regulator said.

The deal requires the approval of federal regulators and is expected to close by early in the second quarter.

«As there is no central operator,» he points out, «the network participants are responsible for implementing local regulatory requirements, including KYC [Know Your Client], AML filtering, etc., as required by the respective banking regulators or other authorities.»

Despite the exemptive relief from dealer registration requirements provided by the securities regulators in these decisions, issuers should bear in mind that under applicable Canadian securities laws a person is only required to register as a dealer if they are engaging in or holding themselves out as engaging in the business of dealing in securities.

That Act would further restrict the Fed's 13 (3) lending operations by requiring that they be approved by at least two - thirds of the FOMC (as opposed to the present 5 - member requirement); by disallowing the use of equity as collateral for 13 (3) loans; by requiring that loans be approved not only by the Federal Reserve Board but by all Federal banking regulators having jurisdiction over the prospective borrowers; and by allowing emergency lending to be extended beyond a term of 30 days only by means of a joint resolution approved by Congress.

«Looking to the future» will bring together insurers, politicians and regulators from UK, Europe and beyond to debate recent developments and what action is now required to ensure the successful completion of the new Solvency II regime and its implementation by the UK insurance industry.

The agreement also reverses a proposal from the ethics and lobbying regulator known as JCOPE that would require the disclosure by a consultant when they have contacted an editorial board in an effort to influence an opinion piece.

The company had previously announced it would close the facility, which requires notification and review by state and federal regulators.

An in - depth report by ProPublica's Marcelo Rochabrun and Cezary Podkul reveals that city and state regulators stood by as developer Two Trees Management disregarded laws requiring rent stabilization in exchange for the large property tax break it received.

A law approved in 2011 aimed at requiring more disclosure for state officials who earn outside income from lobbying entities to appears to be rarely enforced by state ethics regulators.

Commenting on the announcement by exams regulator Ofqual that it is requiring each exam board to take actions to improve the control of exam papers, Chris Keates, General Secretary of the NASUWT, the largest teachers» union, said:

Medical devices don't get regular security updates, like smart phones and computers, because changes to their software could require recertification by regulators like the U.S. Food and Drug Administration (FDA).

As required by executive orders and a 2008 court ruling, federal agencies use the SCC to inform regulators about the economic consequences of rules they adopt.

Modulation of phagosomal pH by Candida albicans promotes hyphal morphogenesis and requires Stp2p, a regulator of amino acid transport.

The new regulator, jointly set up by the Department for Education and the Department of Health and Social Care, will also make sure all registered child, family and adult social workers have the correct qualifications and meet the standards required for the job and remain fit to practise.

«For example, in 2012 these regulators jointly required WJEC to make our GCSE English language awards more severe at grade C than we had proposed, by asking for changes to some of our grade boundaries.»

The Raptor gets a few minor changes for the Chinese market, which includes small roof lights that are required on larger vehicles by Chinese regulators.

Electronic stability control, already standard on all passenger vehicles since the 2012 model year, could be required for new large truck tractors and certain large buses under a proposal being considered by federal regulators.

When insurers set payment levels for an immediate annuity, by contrast, state regulators require that they set aside reserves to assure they can make scheduled payments even if their actuaries» and investment analysts» projections are off.

Regulators are not required by the Constitution, but Congress, perverse as it is, is the body closest to the people, getting put up for election regularly.

Details of the compensation plan and the amount of money improperly collected was not disclosed and requires approval by the provincial regulator.

In addition, regulators will require dealers to disclose the annual dollar cost of trailer fees by July 2016, as part of an initiative known as CRM2 (Client Relationship Model, phase 2).

Regulators enforce these mandates by requiring agencies like the government - sponsored enterprises Fannie Mae and Freddie Mac to loosen credit standards in order to garner more business with higher - risk borrowers.

It will not satisfy all critics, but we believe it is a useful starting point, especially since there is no standardized methodology required by Canadian securities regulators.

All Binary Options providers operating from Cyprus were then required to apply for a licence in the preceding five months or face potential action by the regulators.

TORONTO — Home Capital Group Inc. believes early results from this year suggest that mortgage business may be migrating to the alternative lender after the federal banking regulator introduced tougher rules for uninsured mortgages at the beginning of the year — even though it too is required to abide by the requirements.

Home Capital Group Inc. says early results from this year suggest that mortgage business may be migrating to the alternative lender after the federal banking regulator introduced tougher rules for uninsured mortgages at the beginning of the year even though it too is required to abide by the requirements.

The complexity level was too high, but the regulators required ratings for assets held by banks and insurers, and so the rating agencies did it, earning money for it, but also at significant reputational risk.

The Federal Reserve and other regulators were, and are, therefore required to guess which of the assertions of pending problems or allegations of misconduct should be subject to full scrutiny by, of necessity, a work force with limited examination capacity.

Investment advisers would be required to give their customers a basic fact sheet about mutual funds before they buy them - rather than offering a prospectus after a purchase is completed - under a proposed new rule released Wednesday by Canada's securities regulators.

[Update - Nov. 2005: Federal regulators at the Office of the Comptroller of the Currency, spurred on by watchdog groups, are requiring banks that issue credit cards to increase minimum payments in accordance with guidelines laid out in Feb. 2003.

In both instances, these services or products may include: company financial data and economic data (e.g., unemployment, inflation rates and GDP figures), stock quotes, last sale prices and trading volumes, research reports analyzing the performance of a particular company or stock, narrowly distributed trade magazines or technical journals covering specific industries, products, or issuers, seminars or conferences registration fees which provide substantive content relating to eligible research, quantitative analytical software and software that provides analyses of securities portfolios, trading strategies and pre / post trade analytics, discussions with research analysts or meetings with corporate executives which provide a means of obtaining oral advice on securities, markets or particular issuers, short - term custody related to effecting particular transactions and clearance and settlement of those trades, lines between the broker - dealer and order management systems operated by a third party vendor, dedicated lines between the broker - dealer and the investment adviser's order management system, dedicated lines providing direct dial - up service between the investment adviser and the trading desk at the broker - dealer, message services used to transmit orders to broker - dealers for execution, electronic communication of allocation instructions between institutions and broker - dealers, comparison services required by the SEC or another regulator (e.g., use of electronic confirmation and affirmation of institutional trades), exchange of messages among broker - dealers, custodians, and institutions related to a trade, post-trade matching of trade information, routing settlement instructions to custodian banks and broker - dealers» clearing agents, software that provides algorithmic trading strategies, and trading software operated by a broker - dealer to route orders to market centers or direct market access systems.

Shorter term fixed rate mortgages — like two or three years mortgages — are not discussed here as they all require a qualification rate check — in other words they are being treated by the regulators as risky as variable rate loans.