Sentences with phrase «sector of the financial system»

Eric Olson, the deputy director of the Wilson Center's Latin American Program, said in prepared remarks that the use of the Kingpin List «is powerful and legitimate,» but «it carries with it the risk of collateral damage that can potentially undermine legitimate sectors of the financial system and ultimately the economy.»

It covers every single sector of the financial system you can think of, from insurance to payments to advice, robo - advice.

Not exact matches

«The minister of finance, supported by the Department of Finance, has ultimate responsibility for the financial system and authority for all financial sector legislation,» he said in a speech in Vancouver in 2009, slamming the door on the efforts of some in Ottawa, including former Bank of Canada governor Mark Carney, to create a more robust system of financial oversight.

Treasury's Office of Foreign Assets Control added six individuals and 10 companies and other entities to its sanctions list, saying they have helped people previously penalized for North Korea's weapons development, facilitated North Korea's energy sector and enabled entities to bypass sanctions to get access to the U.S. and international financial system.

Though still a tiny component of the global financial system — Islamic finance accounts for roughly 0.5 % of the world's financial assets, representing some US$ 850 billion — its proponents claim it's the fastest - growing sector of that system.

Recognising growing risks in the financial sector, the Chinese authorities took a range of evasive actions to reduce risks in the banking system.

However, we also need to envisage a case where the effects of monetary policy on financial stability are not limited to one sector, as in the case we just saw, but spread across many different parts of the financial system.

Many central banks, especially during the most acute phases of the crisis, also employed policies known as «credit easing,» which involves purchases of private sector assets in certain credit markets that are important to the functioning of the financial system but are temporarily impaired.

I have ignored reasons that might justify lower discount rates or higher GDP adjustments for China mainly because the purpose of this essay is to explain why the U.S. multiple is so much higher than China's, and of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced economies always justify higher multiples than developing economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory frameworks, more sophisticated capital allocation processes, less rigid financial systems, and smaller state sectors (which make smooth adjustment, one of the most valuable and undervalued components of long - term growth, more likely).

The effect of transfer payments to the financial sector — as well as the $ 5.3 trillion increase in U.S. Treasury debt from taking Fannie Mae and Freddie Mac onto the public balance sheet — is to support asset prices (above all those of the banking system), not inflate commodity prices and wages.

The report, known as the financial system review, also said such structural vulnerability could allow for the easy spread of an initial attack into other sectors, such as energy or water systems.

If there is any planning to be done with regard to the banking and financial system, the central issue of mathematical economics as applied to the financial sector should focus on how economies should cope with the tendency for debts to mount up until a crisis erupts?

From our perspective, the financial sector side, in what sense does climate change pose new or different risks to the financial system, all the way from the obvious, such as the concept of stranded assets, which you've got lending all against those things?

«The Minister of Finance, supported by the Department of Finance, has ultimate responsibility for the financial system and authority for all financial sector legislation.»

However, an assessment of the vulnerability of the Canadian financial system should, among other factors, account for the ability of Canadian financial institutions to withstand losses from the household sector.

Credit is growing more slowly than it has in the past but not because the financial system has become more efficient but simply because debt levels have become too high, causing regulators to force down the growth in credit without seriously improving the efficiency of the financial sector.

Tucker, P (2009): «The repertoire of official sector interventions in the financial system: last resort lending, market - making, and capital», speech at the 2009 Bank of Japan International Conference, Tokyo, May.

«It is entirely feasible for a valid and workable ringfencing system to occur within the existing banking and financial sector,» said Dominic Griffiths, head of Mayer Brown's banking & finance group in London.

This involved assessing vulnerabilities affecting the global financial system and proposing actions to address them, promoting implementation of financial sector regulation and policies and monitoring implementation of the agreed reforms.

When there is no centralized system to limit financial gains in the real estate sector of the economy, of course the owners of the properties will take whatever they can get for their asset.

The Monetary Authority of Singapore also signaled their intention to encourage banks to consider the many applications of the blockchain in the financial sector where distributed ledger systems may potentially be «applied in any area which involves contracts or transactions that currently rely on trusted third parties for verification».

The restructuring and recapitalisation of the banking sector has led to a significant improvement in the health of the financial system....

The central bank's apparent reassurance came after China's financial system showed fresh signs of stress on Monday, with short - term borrowing costs for banks soaring on heavy holiday - induced demand for cash and rising worries over the vast shadow - banking sector.

In addition, mergers and acquisitions within the financial services sector, relaxation of regulations to permit a wide range of «specialized» exchanges (including some which are set up to allow computers to trade with each other), and systems allowing big institutional investors like banks, mutual funds, pension funds and money managers to exchange shares directly have pretty much eliminated the differences between the exchanges.

China's shadow banking sector is piling up risk at the heart of the financial system and keeping deadbeat firms alive.

The crisis showed us how financial imbalances in one sector of one economy could be amplified and propagated across the entire financial system, leading to the worst global downturn since the Great Depression.

We need an assessment which recognises that the taxpayer should not have to pay for the faults of the financial sector, that those who bought bonds knew the risks, that a system whereby losses are nationalised and profits privatised is a form of feudalism and, finally, that morality is not separate to economics.

Labour is, after all, the party that nurtured the deregulatory systems which contributed to the implosion of the financial sector, on which the entire economy was too reliant.

The next parliament could see cherished progressive liberal aspirations realised: a proportional electoral system; wider and better - defended civil liberties; a new, internationalist approach to foreign affairs and immigration; reform of the tax system to share wealth and curb carbon emissions; and an assault on the vested interests of the financial sector.

What is then important for the future of the UK financial services sector is that there is no further complications to regulatory or tax systems.

Having undertaken deliberate policy reforms to digitize Ghana, and to formalize the Ghanaian economy, President Akufo - Addo stated that the national identification and address system, the driver's licence and vehicle registration, the paperless operation at the ports, inter-operability of payment system in the financial sector, are all geared towards modernizing the economy.

Andrew Simms is right to highlight the inadequacies of the carbon trading system, which seems to be yet another way for the financial sector to try to make large sums of money, rather than a serious attempt to stave off global catastrophe (18 April, p 22).

This film promises to offer a fascinating look at our financial system, and the events surrounding the financial sector crisis in fall of 2008.

The key to managing school finances and creating accurate short and long - term forecasts is a robust financial management system, specifically designed by educators for the needs of those in the education sector.

«With schools facing another year of financial uncertainty, our contribution to the sector is to remove some of the cost burden and to help them move on from the use of outdated systems based around paper and basic Word documents.

Many corporations have «copped - on'to the risk of confidential information going astray or being stolen, however the education sector has been slower to recognise the huge financial and reputational risks involved and the need to put appropriate safeguards in place — i.e. secure data management and destruction systems.

Washington — Although the nation's proprietary schools — which prepare young people for a wide variety of skilled jobs — enroll a higher proportion of disadvantaged students than do other sectors of the postsecondary - education system, a lower proportion of the schools» students receive financial aid than do students at private colleges and universities.

If there are sectors of society that, say for financial reasons, could not buy books, it would make more sense for the taxpayer and ratepayer to subsidise their book purchases than to pay for an expensive library system whose main purpose is to give the books away.

I've been toying with the idea that maybe there would be a way to create a crisis model off of the financial sector and its clients, working off of a «how much slack capital exists across the system» basis.

This score is based on similar systems already in place at charity rating agencies in the U.S., and it's designed to make it easier to spot when key financial ratios at a charity are out of line for its sector.

«These measures will support the stability of the housing sector and the financial system by increasing market discipline in mortgage lending.

The increase in gold premiums in China over spot gold prices in recent months may indicate Chinese investor anxiety over the election of Donald Trump or coincidently growing nervousness within China over the fragility of its financial system that is being tested with failures in the shadow banking sector.

Over the last dozen years and more, the tried - and - true regulatory system that protected Ontario's electricity consumers and the financial viability of the power sector as a whole have been systematically sidelined by politicians at Queen's Park.

To fully understand the alignment of MDBs» activities, it will be necessary for them to have the right systems in place to account for and disclose the climate impacts of their indirect support through financial intermediaries, as well as upstream advisory work that supports policies, institutions, and private - sector development.

His expertise is in the economic modeling and analysis of energy systems, with experience in both broad - scale energy policy analysis and in detailed financial analysis of private - sector electric power generation assets.

All of the excuses that lawyers currently make against automation and the development of predictive systems were made previously by the financial sector, which didn't prevent these technologies from being utilized there.

The panel comprises senior business lawyers from major corporations, banks and the public sector and includes Carol Hui, GC of Heathrow Airport Holdings; BAE Systems GC Philip Bramwell; Funke Abimbola, UK and Ireland GC of healthcare company Roche Products; and Tim Parkes, a former HSF partner who now chairs the Regulatory Decisions Committee at the Financial Conduct Authority.

Our banking and finance experience in the region ranges from advising shareholders in one of the largest deals in the history of the Dominican Republic's financial sector and acting as local counsel on the issuance of billions of dollars of secured notes, to providing representation of banks in syndicated loan and complex loan restructuring efforts, to offering legal advice on financial issues for the implementation of mobile payments systems in the region.

Once the global financial system stabilizes and global growth recovers, the underlying strength of the Canadian economy and financial sector should ensure a more rapid recovery in Canada than in most other industrialized economies.

It is estimated that more than # 90 billion worth of dirty cash could be running through our financial system each year and as key players on the frontline of the fight against financial crime, legal professionals, particularly those operating in the SME sector, have a critical role to play.