Sentences with phrase «requirements of other financial institutions»

Not exact matches

At the urging of banks, credit unions and other financial institutions, Congress is seeking easing some of the regulatory requirements the bill created.

Others control many of the relevant tools — such as capital requirements, the regulation of housing finance, the regulation of financial market conduct and the framework for resolution of financial institutions.

Second, DOL «then offers an exemption from this far - reaching prohibition — known as the best interest contract exemption (or «BIC» exemption)-- but conditions it on financial services firms and insurance institutions agreeing to subject themselves to fiduciary standards of conduct in contracts that they must enter into with their customers, as well as a range of other restrictions and requirements.»

If eligibility requirements are met for the monthly cycle, all ATM - use fees assessed by Greater Iowa or other financial institutions for using a non-credit union machine will be refunded up to a maximum of $ 10.00 per month.

All federally regulated financial institutions are now prohibited from arranging mortgages, or a combination of a mortgage and other lending products with another lender in any form that circumvents the institution's maximum LTV ratio or other limits in its residential mortgage underwriting policy, or any requirements established by law.

Even though many financial institutions have online application processes that can make it far easier to open an account than it was in the past, there are still regulatory requirements that force banks and brokerage companies to verify your identity and take other steps to ensure the security of your account.

-- The term «third - party efficiency provider» means any retailer, building owner, energy service company, financial institution or other commercial, industrial or nonprofit entity that is capable of providing electricity savings in accordance with the requirements of this section.

In fact, the FCA requirement for financial institutions to operate complaints schemes, as well as a number of extensive regulator - led remedial schemes, and the financial and other ombudsman services, means a lot of work is done to avoid litigation — but this means advisory experts are needed and the experience I can bring to expert witness work is founded on a wide range of exposure obtained through consultancy.

Financial institutions, technology companies, and asset managers on the regulation of digital currency and blockchain activities under securities, derivatives, and other U.S. regulatory requirements

We are increasingly instructed by financial institutions to investigate and challenge the advice provided by professional advisors in relation to regulatory matters including the handling of customer complaints and compliance with FCA and other regulatory requirements.

The Financial Services (Banking Reform) Act 2013 introduces an approval and responsibility regime for senior bankers and comprehensive requirements for banks and other financial institutions to vet the suitability of their staff and monitor their compliance with rules of conduct made by the Prudential Regulation Authority andFinancial Services (Banking Reform) Act 2013 introduces an approval and responsibility regime for senior bankers and comprehensive requirements for banks and other financial institutions to vet the suitability of their staff and monitor their compliance with rules of conduct made by the Prudential Regulation Authority andfinancial institutions to vet the suitability of their staff and monitor their compliance with rules of conduct made by the Prudential Regulation Authority and the FCA.

«Depending on the customer requirements and the product feasibility, we may consider offering this cover as part of a package policy for other customer segments that have financial relationships with financial institutions.

R3 intends to contribute a new financial transaction architectural framework designed to specifically meet the requirements of its global bank members and other financial institutions.

«When it comes to money laundering or terrorism financing, Singapore's laws do not make any distinction between transactions effected using fiat currency, virtual currency or other novel ways of transmitting value... Hence, MAS» AML / CFT requirements apply to all activities of financial institutions, whether conducted in fiat or virtual currencies.»

The second group of requirements deals with identity theft prevention (the so called «red flags») and applies to all financial institutions (such as a bank or thrift) and to all other «creditors», including private mortgage lenders, who regularly and in the ordinary course of business:

As noted previously, another set of requirements apply to financial institutions and certain other creditors.

In order to ensure that registrants are competent to communicate in English, with other registrants and consumers, a language proficiency requirement has been required by the Financial Institutions Commission of British Columbia since 1994.

Because of his or her knowledge of local financial institutions, a BREA Broker will aid the buyer in obtaining a mortgage, knows down payment requirements and will offer advice in other matters such as escrow payments, property taxes, closing costs and utility bills.

A federally regulated financial institution is prohibited from arranging with another lender a mortgage, or a combination of a mortgage and other lending products, in any form that circumvents the institution's maximum LTV ratio or other limits in its residential mortgage underwriting policy, or any requirements established by law.